Tag: Oil industry
Elliott’s Activist Stake Boosts BP Shares by 7%
BP Shares Surge 7% as Elliott's Activist Stake EmergesIn a surprise turn of events, BP shares soared at the market open amidst news of activist investor Elliott Management acquiring a stake in the struggling...
Hurricane Threatens Closure of U.S. Oil Ports, Coast Guard Warns
The U.S. Coast Guard is issuing warnings about potential port closures along the Texas coast due to the looming threat of Tropical Storm Beryl, which is expected to become a hurricane before making landfall....