Post Tagged with: "boost"

Security concerns in Red Sea boost U.S. oil appeal

Security concerns in Red Sea boost U.S. oil appeal

Oil Price


Oil production in the Permian Basin this year is set to grow more slowly than in 2023, industry executives with operations in the area have signaled.

The outlook for the Permian may be somewhat surprising after the strong …

Source: Reuters

Column: Bargain-hunting hedge funds boost oil positions

Nasdaq


LONDON – Portfolio investors purchased oil futures and options for the second week running as at least some fund managers concluded that expectations of a recession and a recent sell-off were overdone.

Hedge funds and other money managers purchased …

Source: Bloomberg

Biden poised to use cold-war powers to boost battery metals

Bloomberg


President Joe Biden is poised to invoke as soon as this week Cold War powers to encourage domestic production of critical minerals for electric-vehicle and other types of batteries, according to people familiar with the matter.

The White House …