No Data
No Data
Hess Investor De Shaw To Abstain From Vote On Chevron Takeover
Hess Investor De Shaw To Abstain From Vote On Chevron Takeover
Hedge fund bulls left the oil market and sold at the fastest speed in over a year!
As geopolitical risk premiums weakened and the market showed signs of sufficient supply, fund managers' long crude oil positions fell the fastest since March 2023 last week.
Hess Shareholders Should Vote in Favor of Chevron Deal, Glass Lewis Says
Chevron Ends 55-Year North Sea Operations Ahead Of Hess Deal: Report
Chevron Corp. (NYSE:CVX) is set to sell its remaining oil and gas assets in the UK North Sea, concluding its 55-year presence in the region.The U.S. energy giant's decision to divest comes as it gears
Trump's victory will allegedly push to reshape the IEA and shift its focus to fossil fuels
① According to media reports, if Trump enters the White House again, he may push for a change in the director general of the International Energy Agency (IEA) to return the agency's focus to fossil fuels rather than climate change; ② As governments have set energy transition goals one after another, the IEA has now expanded its focus from oil and gas supply to clean energy.
The trigger for the decline in the oil market? Diesel weakness has become a new focus!
Energy economists say the weakness of diesel is becoming more structural due to the increasing role of renewable diesel.