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Citadel in talks to buy U.S. shale oil production assets

Citadel has held talks to buy U.S. oil production assets as it considers expanding further into owning physical assets, sources said. The firm was among the bidders for WildFire Energy.

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Story updates

12:02:09 PM UTC
SquawkNews
HEDGE FUND GIANT CITADEL IS LOOKING TO BUY US SHALE OIL PRODUCTION ASSETS - RTRS CITES SOURCES
12:03:27 PM UTC
SquawkNews
HEDGE FUND GIANT CITADEL IS LOOKING TO BUY US SHALE OIL PRODUCTION ASSETS, SOURCES SAY

By David FrenchCitadel 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 founded by Ken Griffin was among the bidders for WildFire Energy, which was p…