Brent and WTI see small gains as end of year approaches
NEW YORK (Reuters) – Crude futures closed up slightly Tuesday, getting some relief from a weak dollar but not making significant strides as traders prepared for the end of the year.
Exclusive: Oklahoma oilman appeals billion-dollar divorce judgment
OKLAHOMA CITY (Reuters) – Last month, when oil magnate Harold Hamm was ordered to pay his ex-wife $1 billion in their divorce, he called the ruling “fair and equitable,” publicly thanked the judge and said he was happy to have the case behind him.
Exclusive: Oil price crash claims first U.S. LNG project casualty
MILAN (Reuters) – Excelerate Energy’s Texan liquefied natural gas terminal plan has become the first victim of an oil price slump threatening the economics of U.S. LNG export projects.
Goldman tops UK banker pay with $4.7 million awarded for 2013
LONDON (Reuters) – Goldman Sachs paid its top 121 London bankers about 3 million pounds ($4.7 million) on average last year, far exceeding payouts at other leading banks, data released on Tuesday showed.
U.S. consumer confidence rises in December
(Reuters) – U.S. consumer confidence increased in December, bolstered by a brightening jobs situation that left perceptions about economic conditions at a high last seen in February 2008, according to a private sector report released on Tuesday.
U.S. home price growth slows further in October: S&P/Case-Shiller
NEW YORK (Reuters) – U.S. single-family home price appreciation slowed less than forecast in October, as there were hints of some re-acceleration in home prices in some cities by year-end, according to a closely watched survey released on Tuesday.
DOJ targeting Morgan Stanley’s relationship with subprime lender: NYT
(Reuters) – The U.S. Department of Justice is examining the relationship between Morgan Stanley and now-defunct New Century Financial Corp in the sale of subprime mortgages in the run-up to the financial crisis, New York Times reported.
Exclusive: U.S. agency gives quiet nod to light oil exports – sources
WASHINGTON (Reuters) – The main U.S. export authority is telling some oil companies that they should consider exporting a lightly processed form of crude oil called condensate without formal permission, according to people familiar with the discussions…
Year-end caution subdues shares, lifts yen
LONDON (Reuters) – A wave of risk aversion swept through global markets on Tuesday as worries about Greece’s future in the euro and general end-of-year caution subdued shares and lifted the safe-haven yen and gold.
Hyundai Motor to build two China plants amid slowing economy
SEOUL (Reuters) – Hyundai Motor Co said on Tuesday it would build two factories in China, its first new manufacturing plants since 2012 as the South Korean automaker bets on growth in the world’s biggest car market even as the economy slows.
