BP and ConocoPhillips will announce billions of dollars in new investments in Iraq's energy sector during the US-Iraq Business Summit in Washington. These investments aim to boost Iraq's oil production and diversify export routes to reduce reliance on vulnerable pathways near Iran. The summit will feature over $60 billion in agreements between US companies and the Iraqi government, reflecting a strategic push to strengthen Iraq's energy infrastructure amid regional tensions. Iraqi Prime Minister Ali Al-Zaidi is engaging with major energy firms to accelerate development of oil and gas resources.
Adams Natural Resources Fund reported an 18.4% total return on net asset value for the first half of 2026, outperforming the S&P 500 Materials Sector's 12.0% return and slightly exceeding its blended benchmark of 18.1%. The fund's market price return...
Oakmark Fund highlighted its positive outlook on the airline industry, particularly Delta Air Lines, expecting improved profitability after recent fuel price shocks. The fund also initiated new positions in Booking Holdings and Equitable Holdings, bo...
