Valero Sees Mexican Fuel Demand Growing Despite Dos Bocas BoostIndonesia Rate Hike May Not Be Enough to Spur a Rally in RupiahChina 2024 Growth Outlook Raised to 4.
8%, Deflation Risk LingersBHP Group Weighs Potential Takeover of Anglo AmericanMicrosoft-Backed Rubrik Tops IPO Goal to Raise $736 MillionMeta’s Miss Sparks Fear in Tech World With Big Earnings LoomingRussian Defense Minister Shoigu Weakened by Arrest of Key AllyZimbabwe’s Mnangagwa Names New Mines Minister in Mini-ReshuffleSupreme Court Divided Over Bid to Allow Emergency AbortionsBank of Canada Sees Gradual Pace of Rate Cuts to Balance RisksBHP Group Weighs Potential Takeover of Anglo...
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Hedge Funds Sell Off Winning Energy Stocks to Buy Soaring OilWith energy stocks trading near all-time highs and oil climbing as well, hedge funds think they’ve found a trade to capitalize: Sell the shares and pour the profits into buying more crude.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Hedge Funds Sell Off Winning Energy Stocks to Buy Soaring Oil(Bloomberg) -- With energy stocks trading near all-time highs and oil climbing as well, hedge funds think they’ve found a trade to capitalize: Sell the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
India’s Reliance Tries to Sell US Oil as Russian Flows Pick UpReliance Industries Ltd. offered US oil to other buyers in Asia last week, surprising the market as it’s unusual for refiners to try and resell crude within weeks of buying it.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Nigeria to Compel Oil Firms to Sell Crude to Domestic RefineriesNigeria released new rules that will compel its oil producers to sell crude to domestic refineries in a bid to reverse the country’s reliance on imported refined products.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
BlackRock, KKR Sell Adnoc Oil Pipeline Stake to Abu Dhabi FirmBlackRock Inc. and KKR & Co. sold their 40% stake in Adnoc’s oil pipeline network to an Abu Dhabi-based firm five years after acquiring the asset in a deal that marked the first investment by foreign asset managers in the infrastructure of a Gulf state-owned energy company.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Oil price news: oil swings as risk-off mood vies with U.S. stockpile declineOil fluctuated as traders weighed a larger-than-anticipated drop in U.S. crude stockpiles against broader risk-off sentiment.
Source: BNNBloomberg - 🏆 83. / 50 Read more »