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Exclusive-Hedge Fund Giant Citadel Seeking to Buy US Shale Oil Production Assets, Sources Say

The hedge fund is weighing a move into physical oil output as elevated crude prices and supply disruptions make production assets more attractive.

Summary by WTVB
By David French NEW YORK, Sept 4 (Reuters) - Citadel has held talks to buy U.S. oil production assets, as the hedge fund and commodities trader considers expanding further into owning physical assets, five people familiar with the matter said. The firm...

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Citadel seeks to acquire US shale oil production assets

Citadel is pursuing US shale oil production assets after spending $1.4 billion on natural gas deals, bidding for WildFire Energy in the Eagle

Citadel, one of the world's largest hedge funds and commodity traders, founded by Billionaire Ken Griffin, has conducted a series of acquisition negotiations...

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  • 67% of the sources are Center
67% Center

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WTVB broke the news on Friday, September 4, 2026.
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