The top 10 things to watch in the stock market Wednesday
The 10 things to watch Wednesday, Dec. 6 1. U.S. stocks are higher in premarket trading Wednesday, with S & P 500 futures up 0.45% after back-to-back days of losses. …
Exxon Mobil Corp
Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says
The Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023. Bloomberg | Bloomberg | …
Moody’s downgrade won’t dent the Treasury market
Visitors outside the US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, …
Exxon to produce lithium for electric vehicles in Arkansas
Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday. Exxon …
We had a busy week of trades in an oversold market. Here’s the day-by-day breakdown
Elevated bond yields and geopolitical uncertainty continued to be negative for stocks this week as the overall market moved into oversold territory. However, that set us up to put cash …
Chevron, Exxon’s latest buys could herald a new era of oil megamergers
Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Energy heavyweights Chevron and Exxon Mobil announced shiny new acquisitions this month — and some industry watchers say it …
Shell will cut 200 jobs in clean energy division
An employee handles a pump at a hydrogen refueling point at a Royal Dutch Shell gas station in Berlin on Aug. 25, 2021. Krisztian Bocsi | Bloomberg | Getty Images …
Why Exxon, Chevron are doubling down on fossil fuel energy
A Chevron gas station is shown in Austin, Texas, on Oct. 23, 2023. Brandon Bell | Getty Images News | Getty Images On Monday, Chevron announced plans to acquire oil …
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Bond yield boost U.S. stock futures slid Monday morning as the 10-year Treasury note …
What tie-ups in the U.S. oil patch could mean for Coterra Energy
Exxon Mobil ‘s (XOM) planned deal to buy Pioneer Natural Resources (PXD) has sparked talk of more consolidation in the oil-and-gas industry. While we don’t own companies as mergers-and-acquisition plays, …