When Chevron won a new license to drill in Venezuela, it celebrated a return to one of the world’s richest oil regions, where it had operated for more…
Read more How Chevron Got Caught in the Clash Between the U.S. and VenezuelaBy 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 stocksThe 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 dealExxon 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: reportBy 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+ CutsOil 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 dealExxonMobil: Eyes on the Permian Prize Source link
Read more ExxonMobil: Eyes on the Permian PrizeSurprise crude oil production cuts from Saudi Arabia and other oil-rich countries shouldn’t produce worries of skyrocketing gas costs for U.S. drivers still smarting from last year’s pump…
Read more The surprise OPEC+ oil production cuts will increase gas prices — here’s how muchThe Biden administration approved the large-scale and controversial Willow drilling project for ConocoPhillips on Alaska’s oil-rich North Slope on Monday. The approval, although with some conditions, is one…
Read more Biden approves Willow oil-drilling permit in Alaska. It’s a ‘carbon bomb,’ one group says.Natural-gas prices have tumbled this year because of warm weather and high levels of gas in storage in Europe and elsewhere. U.S. prices are down 45% to $2.46…
Read more Three Oil Stocks Exposed to Natural-Gas PlungeLONDON–Shell PLC became the latest oil giant to post record annual profit last year, joining U.S. peers in surging back from early pandemic losses on soaring energy prices.…
Read more Shell adjusted profit of $9.8 billion beats forecasts, boosted by soaring energy pricesEven during a year in which the S&P 500 index declined 19%, with 72% of its stocks in the red, there were plenty of winners. Before showing you…
Read more These 20 stocks were the biggest winners of 2022Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the…
Read more These 20 energy stocks are worth a look if you think oil prices will soar in 2023Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad beating this year. But 2023 may bring very different circumstances. Below are lists…
Read more Best stock picks for 2023: Here are Wall Street analysts’ most heavily favored choices
