Texas has blacklisted BlackRock Inc., BNP Paribas, UBS Group AG and other financial companies for allegedly boycotting the fossil-fuel industry, a move that could lead state pensions and other public entities to sell their shareholdings in those companies. Texas Comptroller […]
While the stock market and bond markets have crashed over the last two months, the dollar has gone from strength to strength thanks to its status as a global safe haven. The U.S. dollar and […]
LONDON, May 26 (Reuters) – Oil’s bull run is taking little notice of the strong U.S. dollar, breaking crude’s historical inverse link to the greenback and giving analysts confidence it has further to go based […]
Shares of U.S. energy companies are soaring in the early days of 2022, driven by a shift to so-called value stocks and assets that stand to benefit from the steepest inflation in nearly four decades. […]
– Investment bank UBS expects oil prices to resume their upward trend despite concerns over a surge in infections of the coronavirus Delta variant and projects Brent crude to trade between $75 and $80 per barrel in the second half of […]
When headline crude futures topped $70 a barrel on Tuesday, it was just the latest landmark in a banner year for raw materials. From copper to iron ore and oil, prices have rallied broadly in […]
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