December

Investing in 2022 Will Be More Challenging, CalSTRS’ Ailman Says
The second-largest U.S. public pension fund’s chief investment officer is looking back at 2021’s lucrative environment with a touch of pessimism about what’s next.

U.S. Loans Oil to Exxon Again in Bid to Tame Pump Pain
(Bloomberg) -- Exxon Mobil Corp. was granted another oil loan from the U.S. strategic reserves under President Joe Biden’s effort to ease pain at the gasoline pump.

Oil Steadies After Its Longest Run of Increases in 10 Months
Oil futures in New York dipped after their longest run of gains since February, as the market weighed a series of supply outages against smaller quotas in China, the world’s largest crude importer.