The European energy services sector faces a brighter future once the Middle East conflict de-escalates as a result of work that oil producers need to undertake to resolve disruption, according to Barclays Plc analysts.
The European energy services sector faces a brighter future once the Middle East conflict de-escalates as a result of work that oil producers need to undertake to resolve disruption, according to Barclays Plc analysts.
The Viridien Group pavilion in the exhibition hall at the African Energy Week (AEW) conference in Cape Town, South Africa, on Tuesday, Sept. 30, 2025. Texas Senator Ted Cruz pledged deeper American investment in Africa’s energy industry, casting the US as a strategic alternative to China.
Mitul Kotecha, head of foreign exchange and macro strategy Asia at Barclays, discusses the outlook for the dollar. "If our base case of a de-escalation does occur, and we do see a continued de-escalation, we see some sort of move towards a peace deal and an off ramp, then that should continue to put pressure on the dollar," Kotecha tells Bloomberg Television. "But this is a near-term view in the next few months," he adds. "Ultimately, we still like the dollar." (Source: Bloomberg)
Mitul Kotecha, head of foreign exchange and macro strategy Asia at Barclays, discusses the outlook for the dollar. "If our base case of a de-escalation does occur, and we do see a continued de-escalation, we see some sort of move towards a peace deal and an off ramp, then that should continue to put pressure on the dollar," Kotecha tells Bloomberg Television. "But this is a near-term view in the next few months," he adds. "Ultimately, we still like the dollar." (Source: Bloomberg)
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