ADNOC approves $6.2bn Umm Shaif gas expansion
The offshore project is expected to add more than 600mn cubic feet a day of gas output by 2030 as the UAE builds its LNG position.
By Marcus V. Thorne 2 months agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
U.S. strikes Iran as Red Sea threat tests oil supply routes
Brent and WTI fell after early gains as attacks around Hormuz and Houthi threats to Saudi shipping raised pressure on crude export...
By Marcus V. Thorne 2 months ago
Kinderhook backs Georgia aerospace parts maker American Aero
Kinderhook Industries has invested in American Aero, a Brooklet, Georgia manufacturer of precision aerospace components, PE Hub re...
By Marcus V. Thorne 2 months ago
Oil and yields restrain Wall Street as Alphabet gains on AI chip report
Stocks slipped Monday afternoon as WTI crude and Treasury yields rose, while Alphabet advanced after a report on Google’s planned...
By Marcus V. Thorne 2 months ago
AMC options volume jumps as box office weekend lifts cinema shares
AMC shares rose more than 25% as call buying accelerated after earnings beat expectations and The Odyssey drew strong theater traf...
By Marcus V. Thorne 2 months ago
FDA keeps lettuce focus in Cyclospora probe after false positive
The FDA said one lettuce test was a false positive, but its outbreak investigation still points to shredded iceberg from Taylor Fa...
By Marcus V. Thorne 2 months ago
Archer shares rise as Anduril defense aircraft is unveiled
Archer said its Thunder autonomous VTOL aircraft, developed with Anduril, is aimed at defense missions as the company pursues 2028...
By Marcus V. Thorne 2 months ago
Boeing falls as Ortberg puts balance sheet before new aircraft
CNBC’s Investing Club said Boeing is right to focus on execution, while warning that strong chip earnings may still meet volatile...
By Marcus V. Thorne 2 months ago
Suspect held after device set off near New York immigration court
The FBI told CNBC a person was in custody after an incendiary device was set off outside a federal immigration court in lower Manh...
By Marcus V. Thorne 2 months ago
JetBlue secures Spirit’s LaGuardia slots as airport capacity tightens
JetBlue said the LaGuardia slots cover up to 12 daily round trips, pending court and regulatory approval, with any added flying no...
By Marcus V. Thorne 2 months ago
Russia and Ukraine trade heavy strikes as NATO warns Moscow on Baltics
Russian attacks killed at least eight in Ukraine, while Ukrainian drones hit sites inside Russia, sharpening security and oil-mark...
By Marcus V. Thorne 2 months ago
El Niño risk and European heat put commodity pricing under scrutiny
Strategists warn that climate volatility is moving through crops, metals and energy, with agriculture seen as the most exposed mar...
By Marcus V. Thorne 2 months ago