Citigroup

Latest news and articles about Citigroup from NEX English

Expand investments in Mexican financial sector after Panamax deal

Aviator Sura, one of the largest pension fund companies in Mexico, aims to expand its investments in the financial sector following its acquisition of a stake in Grupo Financiero Panamax, a subsidiary of Citigroup. This move reflects growing confidence in the Mexican economy.

Rising Oil Prices Prompt US Shale Companies to Resume Drilling in 2026

US shale oil companies are set to resume drilling operations as oil prices rise due to ongoing conflicts in the Middle East. Reports from Citigroup indicate that major companies may add new drilling rigs in the second half of this year, potentially boosting production by over <strong>100,000 barrels per day</strong> by 2027.