Monday, December 23, 2024
OPEC rejects Biden’s call for more oil- oil and gas 360

OPEC rejects Biden’s call for more oil

World Oil (Bloomberg) –OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasoline prices. On Monday, Kuwait said the cartel should stick with its plan to increase output gradually because oil markets were well-balanced. That followed similar statements from other key members

Megan Hays joins Kimmeridge as firm drives change in public E&P sector- oil and gas 360

Megan Hays joins Kimmeridge as firm drives change in public E&P sector

Yahoo Finance NEW YORK and DENVER, Nov. 1, 2021 /PRNewswire/ –Kimmeridge Energy Management Company, LLC (“Kimmeridge” or the “Firm”), a private investment firm focused on upstream energy, with an investment philosophy underpinned by fundamental research, today announced that Megan Hays has joined the firm as a managing director on its public investment team. With the launch of its dedicated public strategy in 2020, Kimmeridge has been

Column-Hedge funds put brakes on oil buying as economy concerns grow: Kemp- oil and gas 360

Column-Hedge funds put brakes on oil buying as economy concerns grow: Kemp

Reuters (John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Hedge funds remain bullish on the outlook for oil but inflows of new money have dried up over the last month as prices have hit multi-year highs and global inflation concerns have grown. In the six most important petroleum-related futures and options contracts, hedge