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Oil startup by former Goldman executive prepping for $67M IPO
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Oil startup by former Goldman executive prepping for $67M IPO

July 27, 2026 12:49 pm, EDT An oil rig in the Gulf of Mexico. (Dario Lopez-Mills/AP) key takeaways: 1947 Oil & Gas plans to raise £50m in a London AIM listing next month to fund its growth strategy. The company is acquiring Renaissance Offshore, whose Gulf of Mexico assets produce about 3,350 barrels of oil

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Goldman says Brent could rise above $120 if Hormuz disruption continues
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Goldman says Brent could rise above $120 if Hormuz disruption continues

July 21, 2026 8:30 am EDT The West Point tanker arrived at the PT Pertamina facility at Tanjung Priok Port in Jakarta, Indonesia on July 3. (Dimas Ardian/Bloomberg) key takeaways: Goldman Sachs said Brent crude could exceed $120 a barrel in the fourth quarter if disruptions in the Strait of Hormuz continue, although this is

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