Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor
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Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor

Chevron’s $53 billion bid for Hess may drive consolidation in the oil patch. Meanwhile, investors are pulling back from climate-focused investment products.
Middle East Conflict Threatens Global Economic Growth
Posted inBiden, Joseph R Jr Defense and Military Forces Gaza Strip Hamas Houthis Inflation (Economics) Intel Corporation Interest Rates internal-storyline-no Israel Israel-Gaza War (2023- ) Lisbon (Portugal) Oil (Petroleum) and Gasoline Powell, Jerome H Siemens AG United States Economy

Middle East Conflict Threatens Global Economic Growth

Oil prices climbed again on Friday as armed clashes intensify in Israel and, increasingly, beyond.
Markets Look to Powell Amid Rising Tensions in the Middle East
Posted inBiden, Joseph R Jr Embargoes and Sanctions Federal Reserve System Gaza Strip Government Bonds Hamas Interest Rates internal-storyline-no Iran Israel Israel-Gaza War (2023- ) Oil (Petroleum) and Gasoline Powell, Jerome H Stocks and Bonds

Markets Look to Powell Amid Rising Tensions in the Middle East

Investors will listen to the Federal Reserve chair’s speech on Thursday for clues on interest-rate moves, as the Israel-Hamas conflict drives up oil prices.