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Exxon Mobil Unveils 5-Year Plan To Meet Climate Change Goals, Increase Shareholder Value
Wednesday, March 3, 2021 - 2:15pm | 466Read More...Exxon Mobil Corportation (NYSE: XOM) unveiled a five-year plan Wednesday to grow shareholder value and meet the climate goals laid out in the Paris Agreement. What Happened: After a challenging year brought on by the pandemic, Exxon released a plan ahead of its virtual investor day...
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Why Goldman Sachs Sees 'The Beginning Of A Bull Market In Commodities'
Wednesday, March 3, 2021 - 8:37am | 485Read More...According to Goldman Sachs, the demand for these products is not increasing along with supply, thus causing inflationary pressures (as for oil) “It’s all looking one way for commodities. —” that’s what Goldman Sachs (GS) analysts, led by Jeffrey Currie, said in a...
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Ahmed Zaki Yamani, Saudi Oil Minister Who Led 1973 Embargo, Dies At 90
Tuesday, February 23, 2021 - 11:20am | 315Read More...Ahmed Zaki Yamani, the Saudi Arabian oil minister who was the face of the 1973 oil embargo that created havoc for American drivers, died in London Tuesday at the age of 90. Saudi state television announced his passing but did not provide the cause of death. Rise to Power: Born in Mecca to a...
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Texas Still Reeling As Country, Companies And Traders Assess Damage From Winter Storm's Strike On Energy Grid
Sunday, February 21, 2021 - 2:19pm | 1006Read More...The U.S. is still coming to grips with what Bloomberg News described today as "one of the most remarkable weeks in power and gas market history." A blast of cold weather triggered blackouts and disruptions to water systems throughout the week, after Texas experienced one of its ...
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Here's How Brian Stutland Is Trading Crude Oil
Wednesday, February 17, 2021 - 4:35pm | 99Read More...Brian Stutland of Equity Armor Investments said on CNBC's "Futures Outlook" that the trend channel in crude oil has been straight up since November. He is a bit concerned about the uptrend because we are trading at the top end of the channel and the Saudis are increasing production....
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Oil Stocks Trade Higher As Winter Weather Hits Texas Hard
Tuesday, February 16, 2021 - 12:17pm | 415Read More...The shares of several oil companies are trading higher Tuesday as oil prices gain amid freezing weather and rolling blackouts in Texas, which has shut refineries and wells in the state and curbed supply. Apache Corporation (NASDAQ: APA) based in Houston, is one of the largest independent...
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Hemp Seed Oil And Hemp Soap: Should You Try It?
Saturday, February 6, 2021 - 12:08pm | 1639Read More...This article by Erin Hiatt was originally published on Weedmaps, and appears here with permission. If you've ever eaten hemp seeds, worn a hemp bracelet, or used body care products with hemp as an ingredient, you might find it hard to believe that cannabis's non-intoxicating...
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Exxon Whistleblower Reportedly Prompts SEC Investigation
Friday, January 15, 2021 - 10:17am | 330Read More...The U.S. Securities and Exchange Commission is investigating Exxon Mobil Corporation (NYSE: XOM) after an insider whistleblower alleged the energy giant overvalued its Permian Basin assets, sources told The Wall Street Journal. What Happened: Exxon employees tasked with valuing the company's...
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Goldman Sachs Upgrades Exxon Mobil On Improving Oil Demand Outlook, Valuation
Wednesday, December 16, 2020 - 10:27am | 221Read More...Exxon Mobil Corporation (NYSE: XOM) is poised to benefit as oil demand recovers to pre-COVID-19 levels in the coming years, and the risks are already priced into the stock, according to Goldman Sachs. The Exxon Mobil Analyst: Neil Mehta upgraded Exxon Mobil from Neutral to Buy and raised the...
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Morgan Stanley Upgrades Diamondback Energy, Valero Energy, Sees 'Sustained Rally' For Oil Stocks
Friday, December 11, 2020 - 11:42am | 666Read More...This year has been a historically brutal one for oil stocks, with a collapse in demand driven by COVID-19 travel restrictions and shutdowns pushing WTI crude oil prices briefly into negative territory for the first time in history. Yet the oil market has since stabilized, and one analyst said...
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Why BofA Projects 'Continued Recovery In Oil Prices'
Monday, December 7, 2020 - 12:04pm | 301Read More...The strength of the rebound in U.S. oil and gas stocks over the last month is justified, but the sector has yet to fully price in a recovery, according to BofA Securities. The Oil & Gas Analyst: Doug Leggate maintained Buy ratings on Exxon Mobil Corporation (NYSE: XOM),...
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How To Find High-Quality CBD Hemp Oil
Thursday, December 3, 2020 - 9:20am | 858Read More...This article was originally published on Cannabis & Tech Today, and appears here with permission. Not all CBD products are the same. They all contain different amounts of CBD and offer varied therapeutic effects. So, when shopping around for CBD hemp oil, be sure to check its...
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UBS Downgrades Occidental Petroleum, Recommends 3 Other Oil Stocks
Tuesday, December 1, 2020 - 3:42pm | 404Read More...Occidental Petroleum Corporation (NYSE: OXY) shares are up 68% in the last month, and the stock’s big run triggered a Wall Street downgrade on Tuesday. The Analyst: UBS analyst Lloyd Byrne downgraded Occidental from Neutral to Sell and raised the price target from $10 to $12....
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Energy And Power: Oil ETFs Provide Hints At The Global Energy Market's Troubles
Tuesday, November 3, 2020 - 12:11pm | 1868Read More...The good news for oil investors is that the price of a barrel of oil has stabilized around the $35-$40 area, a far cry from the brief foray into negative territory in April. The bad news, well, everything else. Barring an unforeseen rally, 2020 will go down as the worst year for crude oil...
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What The Outcome Of The Biden-Trump Race Could Mean For Oil Prices
Monday, November 2, 2020 - 4:01pm | 334Read More...American voters will be closely watching the results of the 2020 U.S. presidential election after polls close Tuesday, with GOP President Donald Trump and Democratic former Vice President Joe Biden vying for the Oval Office — and so will the oil industry. Oil Price...
