Fri Feb 20, 2015/Reuters Brent crude oil fell toward $60 a barrel on Friday as oversupply, underlined by record-high U.S. crude stocks, weighed on the market. U.S. crude inventories rose 7.7 million barrels to 425.6 million barrels last week, rising for a sixth straight week to record highs, data from […]
World News
Nigeria sells 142.43 bln naira in Treasury bills, yields mixed
Feb 19, 2015/Reuters The yield on Nigeria’s one-year Treasury bills rose at an auction where a total 142.43 billion naira ($722.99 million) was raised, the Debt Management Office (DMO) said on Thursday, in a bid to attract investors to the longer maturity. The yield rose to 15.25 percent at the […]
Warren Buffett Sells Entire Exxon Stake
Feb 18, 2015/Bloomberg Warren Buffett‘s Berkshire Hathaway sold off a $3.7 billion investment in Exxon Mobile Corp. as oil prices slumped. The stake sale was revealed as part of the quarterly 13F filing deadline. Bloomberg Stocks Editor Michael Regan reports on “Taking Stock.”
