Cabot Corporation prices $350M senior notes offering to refinance 2026 debt
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EIA Sees 600,000 Bpd of Middle East Oil Still Offline by End-2027
The longer-than-expected closure of the Strait of Hormuz means that some part of the oil production in the Middle East will remain shut in through the end of next year, the U.S.
- EIA projects 600,000 bpd of Middle East oil offline by end-2027
- Strait of Hormuz constrains oil shipments through August
- Gulf oil producers' curtailment averages 5.5 million bpd in July
Euro reverses from two-day high, fade US soft CPI move
The Euro reversed course after reaching a two-day high of 1.1563, following the release of a benign US inflation report for July, which triggered a repricing for a less “hawkish” Federal Reserve…
Latest Oil Market News and Analysis for Aug. 13
Oil held the bulk of a five-session gain, as traders waited for signs of progress toward reopening the Strait of Hormuz.
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Provides investors with access to a range of products and diversified market exposure.
S&P 500 ends higher as CoreWeave results fuel AI optimism
Mild inflation data reinforces bets that the US Federal Reserve will hold interest rates steady in September