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Laura Cooper of Nuveen discusses AI jitters, rising oil prices and the outlook for Treasury yields and Fed policy. She also explains why investors are becoming more selective on AI and looking toward broader diversification. Cooper spoke on Bloomberg Brief. (Source: Bloomberg)
Australian liquefied natural gas exporter Santos Ltd. said production in the three months through September hit a quarterly record, as it increased output from two major projects.
Trade between Brazil and China reached a record US$143 billion in the first nine months of the year, driven by Brazilian oil sales that surged after the war on Iran disrupted Gulf supply, according to a report by the Brazil-China Business Council. Brazilian exports to China rose 12 per cent to US$84.7 billion between January and September, while imports from China grew 9.9 per cent to US$58.6 billion, the council said in its quarterly analysis of government data. The resulting US$26.1 billion...
Morgan Stanley is leading an equity and debt fundraising for the first new major US oil refinery in half a century, according to the company behind the $4 billion fuel-making project.
The International Energy Agency said that members agreed to complete the release of 100 million barrels of oil that are still outstanding from an intervention in March aimed at calming global markets.
US crude rose about 1% to US$95.09 a barrel on Wednesday 14 October and Brent 0.3% to US$106.01, lifting Ecopetrol 2.17% and Petrobras 1.73% in New York. The post Oil Rises 1% to US$95.09 as Ecopetrol Gains 2.2% | Oil, Oct 14 appeared first on The Rio Times.
Petrobras oil output rose 1% to 2.96 million barrels a day in September, preliminary regulator data show, a level Brazilian media called a new record. The post Petrobras Oil Output Hits 2.96 Million a Day appeared first on The Rio Times.
The US removed Jorge Rodríguez from its sanctions list on 14 October. Here is what it signals for Venezuela’s talks, oil licences and US investors. The post Venezuela Sanctions: What the Rodríguez Delisting Signals appeared first on The Rio Times.
Oil rose as a flare-up in attacks in the Middle East increased uncertainty over a recovery in energy flows from the Persian Gulf.
India’s boldest effort in more than a decade to support the rupee may offer only temporary relief, with persistent currency weakness complicating the central bank’s task as inflation approaches the top of its tolerance band.
Tina Fordham, founder of Fordham Global Foresight joined Bloomberg Open Interest to break down President Trump’s surprise diesel deal with Russia, Zelensky’s demand for an energy ceasefire, and fresh attacks in Ukraine and Saudi Arabia. We unpack what it all means for oil prices, markets, and US, Russia relations. (Source: Bloomberg)