Oil Traders Split on Whether OPEC+ Will Hike Supply in December [Financial Post (Toronto, Ontario, Canada)]
The Carlyle Group Inc. (CG)
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Oil traders are divided over whether OPEC+ will proceed with plans to restore production in December, as crude prices falter amid a fragile economic outlook. The alliance led by Saudi Arabia and Russia is due to begin a sequence of monthly output increases with a hike of 180,000 barrels a day in December, as it gradually revives supplies halted since 2022. But the producers have already delayed the restart — originally scheduled for October — amid weakening oil demand and swelling rival production. With little sign of improvement, traders and analysts surveyed by Bloomberg are no more confident the cartel is ready to move now. Sixteen of 30 survey respondents predicted that the Organization of Petroleum Exporting Countries and its partners will opt to delay the hike. The group will need to decide in the next couple of weeks, in time to notify cu
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News
- Carlyle Group (NASDAQ:CG) Has Affirmed Its Dividend Of $0.35 [Yahoo! Finance]Yahoo! Finance
- The Carlyle Group Inc. (NASDAQ: CG) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Sedgwick announces closing of $1B equity investment from Altas Partners and new investments from Carlyle and Stone PointPR Newswire
- The Carlyle Group Inc. (NASDAQ: CG) had its price target raised by analysts at Oppenheimer Holdings Inc. from $78.00 to $85.00. They now have an "outperform" rating on the stock.MarketBeat
- Carlyle Group Third Quarter 2024 Earnings: EPS: US$1.67 (vs US$0.23 in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
CG
Earnings
- 11/8/24 - Beat
CG
Sec Filings
- 11/12/24 - Form 144
- 11/8/24 - Form SC
- 11/8/24 - Form 13F-HR
- CG's page on the SEC website