US oil industry warns diesel prices will not return to normal for a year
According to a Dallas Fed survey, US energy executives believe high diesel prices will persist for about a year before returning to normal levels.
- Dallas Fed survey indicates energy executives expect high diesel prices to last for a year.
- The warning comes from the US oil industry about prolonged elevated fuel costs.
Source: Markets
SEC proposes performance fees for retail funds in private markets push
The US securities regulator is seeking to widen access to alternative assets and overhaul fund fee rules by proposing performance fees for retail funds.
- SEC proposes allowing performance fees for retail funds.
- Goal is to widen access to alternative assets and overhaul fund fee rules.
Source: Markets
Article text is very thin, consisting only of a title and subtitle. No details on proposal specifics, timeline, or context.