Roundup: Oil prices / Chevron acquisition / Food desert veto
Texas gold: Benchmark U.S. crude oil for July delivery rose $2.11 to $79.83 per barrel Tuesday. Brent crude for July delivery rose $1.12 to $84.22 per barrel. Wholesale gasoline for June delivery rose 3 cents to $2.51 a gallon. Read more from the Associated Press. Green light: Hess’s shareholders on Tuesday voted to approve a […] Oil prices have risen, with benchmark U.S. crude oil prices rising by $2.11 to $79.83 per barrel and Brent crude for July delivery by $84.22 per barrel. Meanwhile, Hess’s shareholders have approved a $53 billion deal to sell the company to Chevron, clearing a hurdle for the merger. This comes as Louisiana Governor Jeff Landry vetoes a bill aimed to reduce food desert in Louisiana, stating it did not have funding or the promise of future federal funding. The approval of Hess's deal with Chevron is seen as a significant boost for both companies due to ongoing disputes with Exxon Mobil.
Opublikowany : 11 miesięcy temu za pomocą Daily Report Staff w Finance
Texas gold: Benchmark U.S. crude oil for July delivery rose $2.11 to $79.83 per barrel Tuesday. Brent crude for July delivery rose $1.12 to $84.22 per barrel. Wholesale gasoline for June delivery rose 3 cents to $2.51 a gallon. Read more from the Associated Press.
Green light: Hess’s shareholders on Tuesday voted to approve a $53 billion deal to sell the company to Chevron, clearing a hurdle for the companies to combine. The approval amounts to the first good news for the companies in months, as they have been engaged in a public brawl with Exxon Mobil that still threatens to sink the deal. Read more from the Wall Street Journal.
Here’s why: When asked by reporters on Tuesday why he chose to veto a bill aimed to reduce food deserts in Louisiana, Gov. Jeff Landry said the bill did not have funding nor did it have the promise of future federal funding. Senate Bill 287, overwhelmingly approved through the House and Senate, looked to create grant or loan programs among qualified nonprofit groups and local banks. Read more from WBRZ-TV.
Tematy: Markets, Oil & Gas