Tuesday, July 14, 2020

Retail Investors News

Oil Price Crash, What Next?

Illustration; Oil price - Image by OSORIOartist/AdobeStock

A historic rout in oil markets sent U.S. crude prices plummeting to as much as minus $40 a barrel as traders rushed to get rid of unwanted stocks with storage capacity…

Saudi Aramco Sets Record $25.6 Bln IPO

(Photo: Saudi Aramco)

State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will fall short of the towering $2 trillion valuation long sought…

Timeline: Saudi Aramco's Winding Road to IPO

(Photo: Saudi Aramco)

State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, making it the world's biggest flotation by raising…

Saudi Aramco IPO: $44.3 Bln in Bids So Far

(Photo: Saudi Aramco)

Saudi Aramco has received bids for its shares totalling $44.3 billion so far, lead manager Samba Capital said on Friday, putting its initial public offering on track…

Saudi Aramco Kick-starts IPO

(Photo: Saudi Aramco)

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float on the domestic bourse in…

Shanghai Crude Futures off to Cautiously Good Start

File Image (CREDIT: AdobeStock / (c) Redindie)

The new Shanghai crude oil futures have been trading for just over a month and have so far managed to build up reasonably strong volumes, but this success may only mask some wider concerns.

Rosneft Seals Asian Refinery Deal with Essar Oil Purchase

Russian oil major Rosneft and partners closed their $12.9 billion purchase of Indian refiner Essar Oil on Monday, giving them a foothold in one of the world's fastest growing oil users.

Rosneft, Trafigura Purchase Essar Oil Refinery

Rosneft to double Vadinar refinery capacity; may supply Venezuelan oil to Vadinar refinery. Russian oil major Rosneft, oil trader Trafigura and Russian fund UCP closed…

Surging Shale Spawns New Financing Structure for Energy Infrastructure

Strong demand for shale oil-and-gas infrastructure is giving rise to an important new financing vehicle for pipeline, processing and storage ventures that are needed to get more shale fuels to market.

China regulator still plans oil futures

China's top securities regulator is still preparing to launch oil futures and is considering lifting restrictions on stock index futures imposed during the 2015 stock market crash…

Gulf Keystone Shares Fluctuate Widely

Traded volumes hit record high as retail investors pile in; junk bond funds set to get large stake after debt swap. Gulf Keystone's stock spiked and fell by a third…

Pipe Dreams Alive for Few in US Energy Rout

An energy market rout has ravaged fortunes from Texas to North Dakota and hit thousands of small investors, but some tycoons are still coining it in thanks to a piece…

Shale Firm's Bankruptcy Exit Doesn't End Struggle

Magnum Hunter Resources Corp and its founder Gary Evans are emblematic for the U.S. shale revolution: it started small, borrowed heavily to snap up land and rivals and…

China Drama Ramps Up, Greece's Nearly Over

What's the bigger risk? Greece leaving the euro zone in a messy debt default or China continuing to pump money into its faltering stockmarket while trying to boost the…

RAK Petroleum Plans IPO on Oslo Bors

RAK Petroleum, an energy investment company based in the United Arab Emirates, plans to launch an initial public offering (IPO) and apply for a listing on Norway's Oslo Bors, the company said on Monday.

Weak oil, Saudi credit outlook cut to weigh on markets

Demand for Oil slows

Further weakness in oil prices and the decision by Fitch Ratings to cut its outlook for Saudi Arabia's debt look set to weigh on Middle East stock markets on Sunday. U.S.

Enel to price Endesa Shares at 13.5 Euros

Photo: Endesa

Italian utility Enel will price the sale of a stake in its Spanish subsidiary Endesa at 13.5 euros per share, three sources close to the share sale said on Thursday…

Strong Interest in Keppel DC REIT IPO


Keppel DC REIT Management Pte. Ltd., a wholly-owned subsidiary of Keppel Telecommunications & Transportation Ltd has received overwhelming demand from institutional…

IMF: Gulf Can cope with Cheap Oil

The Arab energy exporting states of the Gulf can cope comfortably with sliding oil prices, an International Monetary Fund official said on Tuesday, as a plunge in regional…

TOCOM Oil Futures Underscore Japan's Bullish Bet

TOCOM crude volumes top annual, daily records; volumes boosted by Nomura's TOCOM-linked ETN. Trading volumes of crude oil futures on the Tokyo Commodities Exchange (TOCOM)…