energy
Maverick Natural Resources has operations in Texas and Oklahoma.
U.S. natural gas futures fell after weekend updates took some of the chill out of early February weather forecasts.
Empty supertankers are heading to Egypt’s Mediterranean port of Sidi Kerir to collect Saudi Arabia’s crude, a signal of wariness among some shipowners about sailing closer to Houthi-threatened waters.
How low can it go?
Rising oil prices are only part of the problem
OPEC+ expects to pause oil-production quota hikes after a final increase in September as the group continues to evaluate the fast-changing supply impact of the Iran war, two delegates said.
Advisers for Banca Monte dei Paschi di Siena SpA and Banco BPM SpA are in talks over a possible merger that would include a cash component, according to people familiar with the matter, in a potential deal that would effectively thwart a €35 billion ($40 billion) takeover offer for Monte Paschi from
Rising oil prices are only part of the problem
Tokyo is planning to expand its financial support to Japanese companies investing in pipeline projects overseas including the Middle East, as part of efforts to strengthen alternative oil and gas transportation routes in the Gulf region to bypass the Strait of Hormuz.
Maverick Natural Resources has operations in Texas and Oklahoma.