M&A Insights – Oil Major Announces $5B Acquisition

Alan Apthorp
Daily Market News & InsightsDaily Market News & Insights

Oil markets seem to be meandering lower this morning on little fresh market news. Following historic lows in April, markets seemed to interpret the lack of news as bullish – anything was better than the detrimental events in the rearview mirror. Now that markets have recovered to more “normal” levels, it’s harder to maintain momentum. […]

US Extends Chevron Waivers in Venezuela

Alan Apthorp
Daily Market News & InsightsDaily Market News & Insights

Yesterday brought yet another day closing within a dollar of $53/bbl, the fourth consecutive close in this range. Thought markets dipped lower yesterday, they are rising once again today. Crude oil is currently trading at $54.53, a gain of $1.22. Fuel is also trading higher this morning. Diesel is trading at $1.9637, up 2.3 cents.  […]

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