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Grafa
Energy

Marex Group acquires liquidity provider Levmet to expand European energy footprint

Marex Group (NASDAQ:MRX) announced Monday that it has acquired Levmet, a Monaco-based liquidity provider, in a move to strengthen its physical market-making operations and secure a firmer foothold in European power and gas trading.

Read more: Marex Group acquires liquidity provider Levmet to expand European energy footprint
Grafa
Oil and Gas

Oil surges past $94 after U.S. strikes Iran and Israel deepens Lebanon incursion

Oil prices climbed sharply in early Asian trading on Monday as a significant escalation of military activity across the Middle East intensified fears of a prolonged disruption to global energy supplies, overshadowing weak economic indicators from China.

Read more: Oil surges past $94 after U.S. strikes Iran and Israel deepens Lebanon incursion
Grafa
Oil and Gas

Oil steadies near $94 but heads for steepest weekly loss since April on Iran deal hopes

Oil prices stabilized on Friday but remained on track for their sharpest weekly decline since early April, as investors weighed reports of a tentative ceasefire extension between the U.S. and Iran against a backdrop of lingering political hurdles.

Read more: Oil steadies near $94 but heads for steepest weekly loss since April on Iran deal hopes
Grafa
Oil and Gas

Oil surges past 2% as U.S.-Iran air strikes shatter peace hopes

Oil prices jumped more than 2% on Thursday morning after Iran’s Islamic Revolutionary Guard Corps targeted a U.S. military installation, swiftly reversing a sharp sell-off from the previous session that had been fueled by optimism over a potential diplomatic resolution to the conflict.

Read more: Oil surges past 2% as U.S.-Iran air strikes shatter peace hopes
Grafa
Energy

DigitalBridge to acquire ArcLight for up to $1.05B to satiate AI power demand

DigitalBridge Group (NYSE:DBRG) agreed to acquire ArcLight Capital Partners for up to $1.05 billion, bridging the gap between data center operators and the electric grid as artificial intelligence applications trigger unprecedented demands for power.

Read more: DigitalBridge to acquire ArcLight for up to $1.05B to satiate AI power demand