Archive for Month: December

Oil climbs as investors focus on looming OPEC+ decision

Brent Oil was trading 1.67% up at $70.00. Climbing oil prices on Thursday erased the previous day’s losses, with investors adjusting positions ahead of an OPEC+ decision on supply policy, though gains were capped by fears that the Omicron coronavirus variant could hit fuel demand. Brent crude futures rose...

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TOP 5 STOCKS TO WATCHOUT AND TRADE TODAY – DECEMBER 02, 2021

1.MORGAN STANLEY:-Large tie-ups between publicly listed companies will be off the table in 2022, as a crackdown by the Biden administration makes securing regulatory sign-off for combinations increasingly difficult, senior dealmakers told the Reuters Next conference. Mergers and acquisitions have been happening at record pace this year, as companies...

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Chevron raises spending budget and share buybacks

Chevron Corp (NYSE:CVX) is trading down 0.68% at 112.10 U.S. oil producer Chevron Corp (NYSE:CVX) on Wednesday said it plans to boost spending on new oil and gas projects in 2022 by 20% to $15 billion, while also raising shareholder returns. Major oil companies are responding to a...

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