Latest news with #AnthonyDiPaola
Yahoo
02-06-2025
- Business
- Yahoo
Oil Rises as OPEC+ Boosts Supply Less Than Expected
Oil advanced off the back of geopolitical tensions and as OPEC+ hiked production less than some had feared. OPEC+ agreed to surge oil output for the third month in a row, doubling down on a policy shift that has sent crude prices sinking. The nations agreed to add 411,000 barrels a day to the market in July. Bloomberg's Anthony di Paola reports.
Bloomberg
01-05-2025
- Business
- Bloomberg
What's Next for Oil Prices After April's Slump?
Following oil's biggest monthly drop since 2021, signs that the Saudi-led OPEC+ alliance may be entering a prolonged period of higher output is adding to concerns that a global trade war will hurt demand. Bloomberg's Anthony Di Paola reports. (Source: Bloomberg)
Bloomberg
17-04-2025
- Business
- Bloomberg
Gunvor, Adnoc Shortlisted for Shell South Africa Unit
By , Anthony Di Paola, and Dinesh Nair Save Abu Dhabi National Oil Co. and Swiss commodities trading firm Gunvor are among companies that have been shortlisted to buy Shell Plc 's downstream assets in South Africa, according to people familiar with the matter. The two companies are strong contenders for the assets that are valued at about $1 billion, said the people, who asked not to be identified as the information is private. Previous potential bidders including Trafigura 's Puma Energy, Sasol Ltd. and South Africa's PetroSA are no longer in the running, two of the people said.
Bloomberg
10-02-2025
- Business
- Bloomberg
What Does Paul Singer's Elliott Want at BP?
Elliott Investment Management has built a significant stake in British energy giant BP, typically the first step in a playbook it has deployed to successfully push for change at many other big public companies. The activist investor, led by Paul Singer, is seeking to boost shareholder value at BP by pushing it to consider transformative measures, according to people familiar with the matter, who asked not to be identified because the discussions were private. Bloomberg's Anthony Di Paola reports. (Source: Bloomberg)
