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Stock impact report

Exclusive-Gunvor weighs US energy push that could bolster Washington ties, sources say [Yahoo! Finance Canada]

Baytex Energy Corp Common Shares (BTE) 
Last baytex energy corp common shares earnings: 3/4 06:30 am Check Earnings Report
NEW YORK, Nov 30 (Reuters) - Commodity trader Gunvor has held active talks to invest in U.S. oil- and gas-producing assets, which could smooth over ties with the Trump administration after fallout from Gunvor's ?bid to buy sanctioned Russian major Lukoil's foreign assets, two sources familiar with the matter said. Gunvor dropped its bid to buy Lukoil's ?assets after the U.S. Treasury expressed strong opposition to the move, calling the trading firm "Kremlin's puppet." While Gunvor had been interested in increasing its U.S. investments ?even before the failed Lukoil bid, such a move could now help it to improve relations with the administration of President Donald Trump, which has made it a top priority to attract more investments in the country's energy industry, the sources said. Gunvor's Americas unit, led by Gary Pedersen, has considered backing newly formed private oil and gas companies in buying assets on its behalf, and has held talks to provide financial backing for exis Show less Read more
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