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Energy
Energy Sector Update for 04/18/2023: SLCA, SSL, SHEL, XLE, USO, UNG
Energy stocks were slipping premarket Tuesday with the Energy Select Sector SPDR Fund (XLE) recently declining by 0.14%. The United States Oil Fund (USO) was
Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts
Despite U.S. objections, the Gulf countries are using the Russian products internally, including for consumption and refining purposes, and exporting their own barrels at market
Berkshire Hathaway's Energy Idea Is a Bad Fit for Texas
Proposed changes to the state’s power market undermine its competitive, market-based design. Source link
Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. Source link
Fossil-Fuel Veterans Find Next Act With Green Hydrogen
Executives see similarities between the nascent industry and the early days of liquefied natural gas. Source link
JPMorgan, Delta, Amazon: Stocks That Defined the Week
Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link
Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the
Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the
Serica Energy (SQZZF) Declares $0.14 Dividend
Serica Energy said on April 13, 2023 that its board of directors declared a regular semi-annual dividend of $0.14 per share ($0.28 annualized). Previously, the
Teck Resources Again Rebuffs Glencore's $23 Billion Approach
The Canadian miner said its own plan to split into two independent companies was in the best interest of its shareholders. Source link