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SpanishCrude falls as Hurricane Beryl fears fade
By Erwin Seba HOUSTON (Reuters) -Crude oil prices fell on Tuesday as fears faded that Hurricane Beryl would disrupt supplies as the storm will avoid...
Court officer’s rep reports several competitive bids in auction of Citgo parent
By Marianna Parraga HOUSTON (Reuters) - The second bidding round for shares in refiner Citgo Petroleum's parent was "successful," with several competitive bids received last...
Exclusive-Icahn-owned oil refiner CVR bidding in Citgo share auction, sources say
By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) -Oil refiner CVR Energy (NYSE:CVI), controlled by billionaire investor Carl Icahn, has submitted a binding offer in...
Exxon-Hess arbitration panel nears formation, sources say
By Sabrina Valle HOUSTON (Reuters) - The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil (NYSE:XOM)'s claim against...
UBS: Global gas prices to rise amid tightening supply
Investing.com - According to a research note released on Monday, UBS analysts suggest that global gas prices are set to rise, driven by tightening supply...
Paramount Global eyes $1.6B deal in potential BET network sale
Investing.com - Paramount Global, the media conglomerate that owns a suite of networks including CBS and MTV, is reportedly engaged in exclusive discussions to divest...
Tesla, megacaps drive S&P 500, Nasdaq to higher close
By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar (Reuters) -Wall Street's main stock indexes closed higher on Tuesday, boosted by gains in Tesla (NASDAQ:TSLA)...
Eli Lilly Alzheimer’s drug approved by US FDA
By Bhanvi Satija (Reuters) - The U.S. Food and Drug Administration on Tuesday approved Eli Lilly (NYSE:LLY)'s treatment for early Alzheimer's, making it the second...
Ford urges its managers to buy more EVs with new leasing policy
By Nora Eckert DETROIT (Reuters) - Ford Motor (NYSE:F) is trying to get more of its managers to buy electric vehicles, according to an internal...
Progressive to pay $48 million to settle claims it undervalued wrecked cars
By Jonathan Stempel NEW YORK (Reuters) - Progressive agreed to pay $48 million to settle a class action lawsuit accusing the insurer of systematically undervaluing...