Analysis-LME lags rival exchanges as battery metals trading gains momentum

By Eric Onstad LONDON (Reuters) – The London Metal Exchange is being left behind in the race to dominate trade in metals used for EV batteries such as lithium and…

Are there too many gold and bond bulls?

Investing.com — The current market landscape is witnessing a rise in bullish sentiment surrounding both gold and bonds, a shift that raises the question: are there too many bulls in…

Has US oil output reached a peak?

Investing.com — The question of whether U.S. oil output has reached its peak is increasingly important as global markets face heightened volatility and supply concerns.  As per analysts at BCA…

Exxon director joins Elliott group seeking to acquire Citgo Petroleum

HOUSTON (Reuters) – Exxon Mobil (NYSE:XOM) board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil refiner Citgo Petroleum. Citgo…

Here’s how crude oil prices could rise- Wells Fargo

Investing.com – Crude oil prices have retreated of late, but the situation is likely to change soon as US oil production begins to slow, according to Wells Fargo. After being…

Here’s how crude prices could rise- Wells Fargo

Investing.com – Crude oil prices have retreated of late, but the situation is likely to change soon as US oil production begins to slow, according to Wells Fargo. After being…

Elliott affiliate wins Citgo share auction with $7 billion conditional offer

By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -An affiliate of Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a…

Elliott wins Citgo share auction with $7 billion conditional offer

By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -Activist investor Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent…

US considering new visa curbs, oil sanctions on Venezuela amid post-election standoff

By David Alire Garcia (Reuters) -The U.S. is closely studying imposing new sanctions on individuals in Venezuela as well as potentially revoking licenses for oil companies working there, a senior…

Elliott wins Citgo share auction with $7 billion bid

By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -Activist investor Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent…