- Bloomberg
ConocoPhillips in Talks to Acquire Marathon Oil, FT Reports
(Bloomberg) -- ConocoPhillips is in advanced talks to acquire Marathon Oil Corp., which would extend a major wave of consolidation among the US oil and gas industry, the Financial Times reported.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarMortgages Stuck Around 7% Force Ra
- Bloomberg
Oil Extends Gain as Geopolitical Risks Simmer Before OPEC+ Meet
(Bloomberg) -- Oil extended gains as another attack on a ship in the Red Sea added to heightened geopolitical tensions in the Middle East ahead of an OPEC+ meeting. Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarMortgages Stuck Around 7% Force Rapid Rethink of American DreamB
- Reuters
ConocoPhillips in advanced talks to buy Marathon Oil, FT reports
Although a deal seemed to be imminent, there was still a risk of negotiations falling apart or a rival bidder gatecrashing Conoco's takeover plan, the report said.
