Oil prices climb after smaller-than-expected weekly rise in U.S. crude supplies
U.S. oil futures settled higher on Thursday, after official data revealed a fourth straight weekly climb in U.S. crude inventories...
Oil and Gas Downstream Operations
Icahn Enterprises CEO to become head of Pep Boys
Icahn Enterprises L.P. said Wednesday that its current chief executive, David Willetts, will become CEO of Pep Boys, the automotive...
What Biden’s decision to pause new U.S. LNG exports means for the energy market
The Biden administration’s announcement Friday that it’s pausing liquefied natural gas export approvals sparked political backlash, drew cheers from climate...
Sunoco to acquire NuStar in $7.3 billion deal including debt
Sunoco LP and pipeline operator NuStar Energy LP said Monday they have agreed to combine in an all-stock deal valued...
Cost cutting may see profit margins rising again in 2024
After higher costs and shaky consumer demand caught up with corporate America last year, Wall Street now expects corporate profit...
Boeing and Lockheed’s ULA launches first Vulcan rocket, private moon lander
SpaceX rival United Launch Alliance launched its new Vulcan rocket early Monday. The rocket, which is the successor to ULA’s...
This defense ETF’s rally suggests more U.S. funding for Ukraine will come through
Will a divided Washington make a deal to provide further aid to Ukraine? The market views that as likely, at...
Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says
Ares Capital Corp. and Sixth Street Specialty Lending Inc. held onto the highest debt ratings among the 21 business development...
