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This type of growth is hard to come by in today's market.

Palantir, which went public in 2020, will be added to the S&P 500 later this month.

Rising fuel inventories, lower refining margins and the spreads between the price now and the price in the future all echo previous recessionary periods or other moments of weak demand, Morgan Stanley said. The bank explored the possibility of oil prices acting as recessionary indicator but concluded that it was too early and acknowledged that the market was pricing in a substantial deterioration in the balance of supply and demand. Seasonal demand strength usually subsides after summer, and supply from both OPEC and non-OPEC sources is likely to re-accelerate in the fourth quarter and 2025, leading to a shift in the supply and demand balance, the bank said.

Rising fuel inventories, lower refining margins and the spreads between the price now and the price in the future all echo previous recessionary periods or other moments of weak demand, Morgan Stanley said. The bank explored the possibility of oil prices acting as recessionary indicator but concluded that it was too early and acknowledged that the market was pricing in a substantial deterioration in the balance of supply and demand. Seasonal demand strength usually subsides after summer, and supply from both OPEC and non-OPEC sources is likely to re-accelerate in the fourth quarter and 2025, leading to a shift in the supply and demand balance, the bank said.

An Omani state-run oil and gas company announced Monday it will make an initial public offering of its exploration and production business, potentially seeking billions in a major move toward privatization in the sultanate. OQ, formerly known as the Oman Oil Co., follows moves by the Saudi oil giant Aramco and the Abu Dhabi National Oil Co. to seek to raise money through the markets. It also could provide a boost for its local Muscat Stock Exchange, long viewed as being the sleepiest among the Gulf Arab states.

Natasha Powell is leaving the crypto payments firm. She will continue to support the group as a non-exec director of BCB Payments.

The AI lending platform has taken its investors on a volatile journey in 2024.

Palantir's Profitability Profile to Be Strengthened by Upcoming S&P 500 Addition, Wedbush Says

These three growth stocks can lift your investment portfolio to new heights.

Stabilising supply chains and competition for recycled materials pose challenges and opportunities for the industry.