As the week wraps up, let’s take a look at some of the most significant stories that unfolded in the world of finance and commodities.
Energy CEO Warns Of Next Oil Supply Shock
Robert Price, CEO of March GL and incoming CEO of Greenland Energy Co., has raised concerns about the potential for a future oil supply shock. This comes in the wake of recent tanker attacks and vessel rerouting near the Strait of Hormuz, which have highlighted the vulnerability of global energy flows. United States Oil Fund (NYSE:USO) stock is currently showing positive momentum.
Read the full article here.
Morgan Stanley, BlackRock Limit Withdrawals
Morgan Stanley (NYSE:MS) has joined the ranks of Wall Street giants imposing restrictions on redemptions. The company limited withdrawals from its North Haven Private Income Fund (PIF) after investors sought to withdraw nearly …
This post was originally published here
