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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.

Leia mais: Marex Group acquires liquidity provider Levmet to expand European energy footprint
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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.

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

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

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