Sources report that BP will sell its 20% stake in the Cocuina gas field in Venezuela to the Trinidad and Tobago National Gas Company. Seventy percent of the natural gas will be used for LNG production, with the remainder allocated to petrochemical products. The final investment decision may be made before the end of the year.
智通财经2026/08/10 17:51Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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After Walsh's hawkish remarks, Trump said: "Raising interest rates is absurd. Walsh will do what he must do."
On Monday, Trump said he had great respect for Walsh, stating, "He will do what he needs to do," and added, "In my view, we should be paying interest rates far lower than anywhere else in the world. Raising rates is absurd." Following Walsh's hawkish remarks at the Jackson Hole symposium last Friday, market pricing for a rate hike in September rose to about 60%. Barclays now expects the Federal Reserve to raise rates twice more this year, in September and December, whereas previously, Barclays had predicted no further rate hikes this year.