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Latest news tagged with #energy

CAP

Oil Surplus a Risk, JPM's Natasha Kaneva Warns

Natasha Kaneva, JPMorgan’s head of global commodities strategy, says U.

Natasha Kaneva, JPMorgan’s head of global commodities strategy, says U.S. oil demand has been upgraded this year, with prices rising on higher steel costs from tariffs. She tells Romaine Bostick and Katie Greifeld on “The Close” that the main driver of oil prices will be a surplus in the global market. (Source: Bloomberg)
Bloomberg Markets • Sep 18, 11:15 PM
CAP

High Power Bills to Drive Energy Development, EQT Says

Anger over rising energy costs will eventually force states to allow more natural gas infrastructure to be built in the US, according to one of the nation’s largest producers of the fuel.

Anger over rising energy costs will eventually force states to allow more natural gas infrastructure to be built in the US, according to one of the nation’s largest producers of the fuel.
Bloomberg Markets • Sep 18, 10:14 PM
CAP

US Judge Says PDVSA Bonds Valid, Clearing Way for Citgo Sale

A federal judge in New York confirmed the validity of some bonds issued by Venezuela’s state-owned oil company, removing a major uncertainty in the court-ordered auction of Citgo’s parent.

A federal judge in New York confirmed the validity of some bonds issued by Venezuela’s state-owned oil company, removing a major uncertainty in the court-ordered auction of Citgo’s parent.
Bloomberg Markets • Sep 18, 04:21 PM
MA

Abu Dhabi’s Multibillion-Dollar Energy Push Faces Early Stumbles

A year ago, Abu Dhabi launched a high-profile energy investment firm hoping to deploy billions of dollars on deals around the world.

A year ago, Abu Dhabi launched a high-profile energy investment firm hoping to deploy billions of dollars on deals around the world. While there were early successes in the US and Africa, XRG’s biggest effort yet fell apart this week and another deal hangs in the balance, underscoring its hurdles to becoming a global energy behemoth.
Bloomberg Markets • Sep 18, 04:21 PM
CAP

US Judge Rules PDVSA Bonds Valid, Clearing Way for Citgo Sale

A federal judge in New York confirmed the validity of several bonds issued by Venezuela’s state-owned oil company, removing a major uncertainty in the court-ordered auction of Citgo’s parent.

A federal judge in New York confirmed the validity of several bonds issued by Venezuela’s state-owned oil company, removing a major uncertainty in the court-ordered auction of Citgo’s parent.
Bloomberg Markets • Sep 18, 03:18 PM
CAP

BOE to Hold Rates Before Cutting Twice Later, BofA Says

Bank of America UK Economist Sonali Punhani says there is "some small window" for the Bank of England to cut interest rates in November, but uncertainty on the timings of possible cuts remains.

Bank of America UK Economist Sonali Punhani says there is "some small window" for the Bank of England to cut interest rates in November, but uncertainty on the timings of possible cuts remains. "We have terminal rate of three and a half, so we expect two more cuts," Punhani tells Bloomberg Television. (Source: Bloomberg)
Bloomberg Markets • Sep 18, 06:25 AM
CAP

IEA Sees Lower Oil Use in Mideast Power, Boosting Crude Exports

The amount of oil burned to generate electricity in the Middle East and North Africa is set to shrink sharply, freeing up more Saudi and Iraqi crude for export, according to the International Energy Agency.

The amount of oil burned to generate electricity in the Middle East and North Africa is set to shrink sharply, freeing up more Saudi and Iraqi crude for export, according to the International Energy Agency.
Bloomberg Markets • Sep 18, 04:20 AM
CAP

Executives Join Trump and King Charles at State Dinner

Apple CEO Tim Cook, Nvidia CEO Jensen Huang, Blackstone CEO Steve Schwarzman, Arm CEO Rene Haas and media tycoon Rupert Murdoch were among 160 guests who attended the banquet, as the US and UK are set to solidify joint tech, energy and digital asset agreements.

Apple CEO Tim Cook, Nvidia CEO Jensen Huang, Blackstone CEO Steve Schwarzman, Arm CEO Rene Haas and media tycoon Rupert Murdoch were among 160 guests who attended the banquet, as the US and UK are set to solidify joint tech, energy and digital asset agreements. (Source: Bloomberg)
Bloomberg Markets • Sep 17, 10:15 PM
CAP

Cannot Have Strong GDP Without Cheap Energy: Eric Trump

American Bitcoin Co-Founder Chief Strategy Officer Eric Trump says he is not a believer in wind power, that there are better forms of energy and believes the US cannot have a strong GDP as a country if you do not have cheap energy.

American Bitcoin Co-Founder Chief Strategy Officer Eric Trump says he is not a believer in wind power, that there are better forms of energy and believes the US cannot have a strong GDP as a country if you do not have cheap energy. He speaks with Romaine Bostick and Tim Stenovec on ‘Bloomberg Markets.’ (Source: Bloomberg)
Bloomberg Markets • Sep 17, 06:24 PM