LATEST OIL HEADLINES
OIL & GAS STOCKS TO WATCH
Oil Near Three-Month High as Trade Optimism Balanced by Caution
Oil was steady near a three-month high as optimism the U.S.-China trade deal will spur demand for crude was tempered by caution due to the agreement’s limited nature and lack of detail.
Brussels Edition: Pick Your Poison, Europe
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.
Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up
A Chinese chip designer who helped Bitmain Technologies Ltd. become the world’s largest maker of Bitcoin mining rigs before starting his own company has been arrested, according to three people familiar with the matter.
One of Hottest Energy Trades This Year Is Becoming the Trickiest to Profit From
One of the hottest trades this year across energy markets is proving one of the trickiest to profit from.
Goldman Sachs Strengthens Climate Policy as Global Talks Falter
Goldman Sachs Group Inc. has tightened its policy on fossil fuel financing in a move welcomed by environmental groups, just as global talks on climate change faltered in Madrid over the weekend.
China’s Economy Picked Up in November on Industry Output, Retail
China’s economy showed signs of stabilizing and regaining growth momentum in November, adding to the good news for the nation’s outlook after a preliminary trade deal with the U.S. was reached last week.
Huawei Reprisal, Modi’s Challenge, Trade Deal: Eco Day
Welcome to Monday. Here’s the latest news and analysis from Bloomberg Economics to help you start the week:
Trump Offensive Leaves Iran’s Hardliners Ascendant as Poll Nears
After a dozen years as speaker of Iran’s parliament, half of them allied with President Hassan Rouhani as he reached out to the West, Ali Larijani is bowing out.
Exxon and Chevron Targeted by Climate-Activist Shareholder Group
The Dutch activist fund that has filed shareholder resolutions pressuring major oil companies in Europe to take action on climate change has set its sights on the U.S.
PG&E Faces a Sprint to Fix Restructuring After Governor’s Rebuke
California Governor Gavin Newsom has long called for PG&E Corp. to emerge from its bankruptcy radically transformed. Now, the beleaguered utility has to race to meet his demands -- or else see its restructuring plan blow up.