Mexico’s Richest Man Sells $1.15 Billion in Oil Stocks | HappeningNow.news

Energy · 6 views

Mexico’s Richest Man Sells $1.15 Billion in Oil Stocks

Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector.

Source Summary Published 1h 46m ago Brief Under 1 min brief
Story intelligence
Coverage Single outlet Single-outlet story
Views 6 Community interest
Brief read Under 1 min brief 84 words

Summary

Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her… Carlos Slim has sold more than $1.15 billion of U.S. oil stocks this year as the Iran war sends crude prices and energy shares higher. The Mexican billionaire has cut his stakes in PBF Energy and Talos Energy roughly in half, yet the shares he still owns are worth about $1.4 billion—roughly what his holdings were worth in January.

Read original at OilPrice

More from Energy

Continue reading recent Energy coverage

Support HappeningNow

Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.

Support HappeningNow

Report an issue with this page