Tullow Oil raises free money circulate outlook for 2022, Ghana tax looms | Jobi Cool

LONDON, Jan 25 (Reuters) – West Africa-focused oil producer Tullow ( TLW.L ) sees its 2022 free money circulate at $267 million, barely forward of earlier steerage and up from $245 million a yr earlier, it mentioned in a buying and selling replace on Wednesday. It plans to take a position $400 million this yr, … Read more

Column: Traders abandon bullish oil positions as recession looms | Jobi Cool

LONDON, Dec 12 (Reuters) – Portfolio traders had been huge sellers of oil for a fourth straight week as the sleek implementation of Russia’s worth cap introduced weak point within the financial system and oil demand into sharper focus. Hedge funds and different cash managers offered the equal of 30 million barrels within the six … Read more