Tag: million

OPEC Source: OPEC+ Discusses Potential Oil Output Cut In Excess Of 1 Million Barrels/Day

The OPEC+ group of oil producers is discussing potential output cuts of more than 1 million barrels per day (bpd), an OPEC source said, excluding any voluntary cuts by individual members."It may be...

Biden to release 10 million reserve oil barrels ahead of EU’s Russian ban

(Bloomberg) — The Department of Energy will offer additional U.S. reserve crude for sale ahead of plans by the European Union to ban most Russian oil in December.  ...

Sparkster, CEO To Pay Back ‘Harmed Investors’ $35 Million In Settlement With SEC

Sparkster and its chief executive Sajjad...

US SPR shifts the timing of final 10 million barrels of SPR sale into November

US officials are out with a clumsy statement about a 10 million barrel SPR release in November. The statement sounds like it will add another 10 million barrels but it's just changing the...

Europe’s energy crisis could deliver a $400 million trading profit for Volkswagen from early hedges on natural gas, report says : stocks

https://www.bloomberg.com/news/articles/2022-09-14/ray-dalio-doing-the-math-rates-at-4-5-would-sink-stocks-by-20?srnd=premium&leadSource=uverify%20wallRay Dalio Does the Math: Rates at 4.5% Would Sink Stocks by 20%By Ye Xie on September 14, 2022 at 4:16 PM EDTRay Dalio came out with a gloomy prediction for stocks and...

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