• Biden Administration investigates oil and gas companies for illegal pricing conduct

    Biden Administration investigates oil and gas companies for illegal pricing conduct

    When is the last time an American President investigated oil and gas companies for raising the price of gas and other fuels when supplies have been constrained? President Biden called on the Federal Trade Commission to investigate whether oil-and-gas companies are participating in illegal conduct aimed at keeping gasoline prices high. In a Wednesday letter […]

  • Target posts sales gains and boasts plenty of inventory for holidays

    Target posts sales gains and boasts plenty of inventory for holidays

    Comparable sales, those from stores or digital channels operating at least 12 months, rose 12.7% for the quarter ended Oct. 30. E-commerce sales rose 29% in the quarter. “We’ve seen strength throughout the year,” said Target Chief Executive Brian Cornell on a call with reporters. Sales rose strongly in each of the five main categories […]

  • Natural Gas prices pop in Europe

    Natural Gas prices pop in Europe

    Construction of Nord Stream 2 was completed in September, but gas has yet to flow through the pipeline. The conduit links Russia and Germany and is awaiting approval from German and European authorities. Washington opposes the pipeline, which circumvents U.S. allies including Ukraine and Poland and could deepen Europe’s dependency on Russian gas. However, the U.S. waived […]

  • Increased output and decreased European demand could ease oil prices

    Increased output and decreased European demand could ease oil prices

    In its closely watched monthly market report, the IEA said that the tight supply and demand balance in the global oil market could be about to ease. It expects output to rise by 1.5 million barrels a day in the remainder of 2021, with the U.S., Saudi Arabia and Russia accounting for around half of that amount. […]

  • Owl Rock Capital authorizes $100 million stock repurchase program

    Owl Rock Capital authorizes $100 million stock repurchase program

    In a letter to shareholders dated November 5, 2021 Owl Rock Capital (ORCC) announced they authorized up to $100 million in stock buybacks and that the plan commenced on November 2, 2021. In accordance with Section 23(c)(1) under the Investment Company Act of 1940, please be advised that the Board ofDirectors of Owl Rock Capital […]

  • J splits with J

    J splits with J

    J&J will split in two, Shell will consolidate into one, gold hits new highs and much more!