Finance and Investment News

The latest oil and gas news from around the world.
  1. Hedge Funds were right on the money for a second straight week as oil gets pulled in opposite directions by Donald Trump and Saudi Arabia.
  2. Occidental is selling $13 billion of debt to help finance its acquisition of Anadarko after receiving over $75 billion in orders for the deal at the peak, according to people familiar with the matter.
  3. After revealing it wants to dump all oil stocks in a market-shattering bang in 2017, Norway's $1.1 trillion wealth fund's actual divestment could now be so small it hardly matters.

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