DTE Energy's $9B Conditional DoE Loan at Risk as Trump Halts Green Infrastructure Funding

Seeking Alpha01:34

Biggest and Lowest Rated S&P 500 Stocks as Q4 Earnings Begin; Energy Sector Emerges at Top

Seeking AlphaJan 22 23:53

Market Chatter: Berkshire Hathaway's Pilot Unit to Close International Oil Trading Business

MT NewswiresJan 22 20:28

Berkshire Hathaway (BRK.A.US)(BRK.B.US)'s subsidiary Pilot has reportedly ended its international oil Trade Business.

According to a report from Reuters, investment flagship Berkshire Hathaway (BRK.A.US)(BRK.B.US) owned by Warren Buffett is ending its international oil Trade business and focusing on Pilot Flying J service station operations. The report indicates that the department is laying off almost all international Trade employees, retaining only a few to fulfill contract obligations with clients, including Petroamazonas from Ecuador. The report states that Pilot had begun scaling back its Energy Trade operations as early as 2023, after Berkshire acquired full ownership of Pilot last January.

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Got $2,500? 4 Insurance Stocks to Buy and Hold Forever

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BRK.B Stock Lags Industry in 6 Months, Trades at Discount: What to Do?

Zacks Jan 17 23:35