Shell and BP Take Action as Tharisa Reports Constrained Volumes and INVH, Zillow, and Argo Blockchain PLC See Mixed Results - Trade Oracle

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Shell and BP Take Action as Tharisa Reports Constrained Volumes and INVH, Zillow, and Argo Blockchain PLC See Mixed Results

Shell and BP have recently taken action as Tharisa reported constrained volumes. Meanwhile, INVH, Zillow, and Argo Blockchain PLC have seen mixed results. This article explores the implications of these developments for the industry and what investors should be aware of. It is important to stay informed of the latest developments in the industry and to make informed decisions when investing.

Shell and BP’s Arbitration Dispute with Venture Global LNG

Shell and BP’s arbitration dispute with Venture Global LNG has been in the news recently, as the two oil giants seek to hold the exporter accountable for failing to supply contracted cargoes, even as it sold to non-contract customers. In this blog post, we will explore the implications of this dispute and how it compares to other news in the energy, mining, real estate, and digital infrastructure sectors. The arbitration dispute between Shell and BP and Venture Global LNG has the potential to set a precedent for future contracts in the energy sector. Not only does it demonstrate the importance of adhering to contractual obligations, but it also highlights the importance of putting measures in place to protect both parties. This case will be closely watched by energy companies, as well as those in the mining, real estate, and digital infrastructure sectors, as it could have a lasting impact on future business dealings. As the arbitration dispute between Shell and BP and Venture Global LNG continues, it is important to consider the implications of this case for other sectors, including energy, mining, real estate, and digital infrastructure. This blog post will explore the potential impact of this dispute and how it relates to recent news in these industries.

Tharisa’s Mining Volumes and Cash on Hand

As the Shell and BP file for arbitration against U.S. exporter Venture Global LNG, Tharisa, a South Africa-based miner, has reported constrained mining volumes in its latest quarter to end June 2023, despite cash on hand rising on the back of healthy chrome prices. The constrained mining volumes, which are a result of the ongoing Covid-19 pandemic, have had a significant impact on Tharisa’s operations. As a result, Tharisa’s revenue for the quarter was down by 15%, compared to the same period in the previous year. Despite the reduced mining volumes, Tharisa’s cash on hand has risen, due to the healthy chrome prices. This has provided the miner with a buffer against the current market volatility, and has enabled Tharisa to maintain its operations. As Shell and BP file for arbitration against U.S. exporter Venture Global LNG, Tharisa’s mining volumes have been significantly impacted by the ongoing Covid-19 pandemic, leading to a decline in the miner’s revenue for the quarter, yet cash on hand has risen due to healthy chrome prices.

Mixed Results for INVH, Zillow, and Argo Blockchain PLC

Despite mixed results for INVH, Zillow, and Argo Blockchain PLC, the global commodities market is still seeing some positive news, as Shell and BP have filed for arbitration against U.S. exporter Venture Global LNG and Tharisa reported constrained mining volumes, yet cash on hand rose due to healthy chrome prices. INVH saw a slight dip in their stock price, with Zillow and Argo Blockchain PLC both seeing a moderate increase. Investors will be keeping a close eye on these stocks in the coming weeks, as the market is still volatile.The mixed results of INVH, Zillow, and Argo Blockchain PLC have been a source of concern for investors, yet the global commodities market is still seeing some positive news. Shell and BP have filed for arbitration against U.S. exporter Venture Global LNG, while Tharisa reported constrained mining volumes yet cash on hand rose due to healthy chrome prices. Despite this, INVH saw a slight dip in their stock price, with Zillow and Argo Blockchain PLC both seeing a moderate increase. It is clear that investors will be keeping a close eye on these stocks in the coming weeks, as the market remains volatile. As the global commodities market continues to show positive news with Shell and BP filing for arbitration against U.S. exporter Venture Global LNG and Tharisa reporting constrained mining volumes yet cash on hand rising due to healthy chrome prices, INVH, Zillow, and Argo Blockchain PLC have reported mixed results. Investors will be keeping a close eye on these stocks in the coming weeks, as the market is still volatile.

Staying informed of the latest developments in the industry and making informed decisions when investing are important for success. Knowing the current trends and understanding the risks associated with investments will help ensure that investments are made wisely.

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