By Pierre Bertrand Saudi Arabian Oil Co., commonly known as Saudi Aramco, said that it has been ordered by the Saudi government to keep its oil production capacity…
Read more Saudi Arabia Halts Oil Production Capacity IncreaseAttacks by Iran-backed Houthi rebels on vessels in the Red Sea have led to transport disruptions for oil and other goods, but international oil shippers may have found…
Read more Why Red Sea chaos is driving oil buyers ‘into the arms of U.S. shale producers’The Russell 2000 Index soared 12% in December, which might reflect investors’ exuberance about the state of the U.S. economy — it appears the Federal Reserve has won…
Read more The Russell 2000 Index has soared, but you might be better off looking elsewhere for quality small-cap stocksOil futures fell Monday to their lowest levels in more than two weeks, building on recent declines that came after a round of voluntary production cuts announced by…
Read more Oil prices drop to 2-week lows as doubts linger over OPEC+ production cutsRingCentral Inc.’s stock jumped about 10% in after-hours trading Monday after it reported a narrowing quarterly loss, results that beat analysts’ forecasts on the top- and bottom-lines, and…
Read more RingCentral’s stock jumps on narrowing loss, revenue beat, raised guidanceThe stock market always overreacts, and this year it seems as if investors believe dividend stocks have become toxic. But a look at yields on quality dividend stocks…
Read more Dividend stocks are dirt cheap. It may be time to back up the truck.Exxon Mobil Corp. confirmed Wednesday an agreement to buy shale driller Pioneer Natural Resources Co. in an all-stock deal valued at $59.5 billion, or $64.5 billion including debt.…
Read more Exxon Mobil to buy Pioneer Natural Resources in $59.5 billion all-stock dealOil traders on Sunday said crude prices were likely to remain supported in the near term, as investors assessed the fallout from the surprise attack by Hamas on…
Read more ‘Fear trade’: What Israel-Hamas war means for oil prices and financial marketsExxon Mobil Corp. XOM, -1.67% is reportedly nearing a deal to buy energy-exploration company Pioneer Natural Resources Co. PXD, +10.45% for $60 billion, a combination that could shake…
Read more Exxon-Pioneer merger: Here’s why FTC’s Khan may shy from a fight with the ‘800 pound gorilla.’Exxon Mobil Corp. is close to a deal to buy shale-drilling company Pioneer Natural Resources for about $60 billion, the Wall Street Journal reported late Thursday. Citing sources…
Read more Exxon near $60 billion deal to buy shale driller Pioneer Natural Resources: reportThis copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/stock-market-movers-8c0c7b23 Updated Sept. 19, 2023…
Read more NIO, Moderna, Block, U.S. Steel, and More Stock Market MoversBy Will Horner The International Energy Agency raised its forecast for global oil supplies next year while moderating its demand expectations, pointing to a more balanced oil market…
Read more IEA Raises Oil Supply Forecasts as U.S. Producers Counter OPEC+ CutsFord Motor Co. is betting that hybrid vehicles will be the bridge toward an all-electric-vehicle future for perhaps longer than most people expect. It’s a cautious strategy that…
Read more Ford is going all in on hybrids. Here’s why.The Food and Drug Administration late Friday approved the first-ever pill that can be taken at home for postpartum depression. The medication, called zuranolone, and jointly developed by…
Read more FDA approves first-ever pill for postpartum depression in new mothersOil futures settle at their highest in two weeks on Wednesday, finding support after Saudi Arabia’s energy minister reportedly said that the kingdom and its allies will do…
Read more Oil prices end at a 2-week high on reports Saudi Arabia said OPEC+ will do ‘whatever necessary’ to support oilOffshore oil drillers were about the worst place to be in 2020 as oil prices were falling and demand for crude seemed to be seeping away. Now, the…
Read more These Drilling Stocks Could Be Gushers as the Oil Industry ReboundsSaudi Arabia will voluntarily cut production by 1 million barrels a day in July, alongside an agreement by the Organization of the Petroleum Exporting Countries and its allies…
Read more Saudis to cut oil production by 1 million barrels a day in July as OPEC+ extends output dealSaudi Arabia, Some OPEC Members Clash Over Oil-Production Quotas Source link
Read more WSJ News Exclusive | Saudi Arabia, Some OPEC Members Clash Over Oil-Production Quotas
