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Mideast IPO Boom to Stretch Into 2024 as Investor Appetite Grows

It’s been another dismal year for initial public offerings globally, but the Middle East has shone as a hive of listing activity which is expected to stretch into 2024. ....

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RBA Will Be 'Hypersensitive' to Australia Inflation, Westpac Economist Says

Australia’s central bank will be “hypersensitive” to any signs that inflation is staying sticky, with surging population growth and further tensions in the Middle East among renewed sources of price pressures, according to Westpac Banking Corp. chief economist Luci Ellis. ....

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Oil Companies Snap Up Gulf of Mexico Drilling Leases Prior to Biden Pause

Hess Corp. was the high bidder in a US auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden administration imposes a two-year hiatus for future sales. ....

Us Bureau Of Ocean Energy Management , Interior Department Wednesday , Ocean Energy , Hess Corp , Gulf Of Mexico , Generic 1st X27 Cl Future , Joe Biden , National Ocean Industries As , Joe Manchin , West Virginia , Us Democrats ,

Saudi Chemical Giant Sabic Sees Weak Global Demand Extending Into 2024

The head of Saudi Arabia’s largest chemicals producer warned of another difficult year for the industry in 2024, as the outlook for the global economy remains weak. ....

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Grounded Dark-Fleet Oil Tanker Gets Cargo Removed Near Indonesia

A shadow-fleet oil tanker that ran aground near Indonesia is having its cargo removed, the nation’s navy said. ....

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