Shares of Exxon Mobil Corp. XOM, +1.84% advanced 1.84% to $90.59 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.42% falling 0.42% to 4,122.47 and Dow Jones Industrial Average DJIA, -0.18% falling 0.18% to 32,774.41. This was the stock’s third consecutive day … Read more
Saudi Arabia insulted the US and EU with this minuscule oil move: Energy expertFox Business
Shares of Occidental Petroleum Corp. OXY, +1.75% rose 1.75% to $60.04 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.09% rising 0.09% to 32,832.54 and the S&P 500 Index SPX, -0.12% falling 0.12% to 4,140.06. This was the stock’s second consecutive … Read more
Shares of Marathon Oil Corp. MRO, +0.28% inched 0.28% higher to $21.83 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.09% rising 0.09% to 32,832.54 and the S&P 500 Index SPX, -0.12% falling 0.12% to 4,140.06. This was the stock’s second … Read more
Press play to listen to this article Russia’s invasion of Ukraine prompted most of the EU to wake up to the danger of depending on the Kremlin for its natural gas. But moving away from Russian gas, which last year accounted for 40 percent of EU demand, is a painful process — and Russian President … Read more
Josh Halliburton joined Ford Motor Co. in January to help improve its shaky quality record. Within months it was clear how big a challenge he faced. In May, the auto giant recalled some Ford Expeditions and Lincoln Navigators after reports of fires while vehicles were parked. In June, it recalled roughly 49,000 Mustang Mach-E electric … Read more
Shares of Marathon Oil Corp. MRO, +1.40% rose 1.40% to $21.77 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.23% rising 0.23% to 32,803.47 and the S&P 500 Index SPX, -0.16% falling 0.16% to 4,145.19. The stock’s rise snapped a four-day … Read more
Shares of Imperial Oil Ltd. IMO, +2.38% rallied 2.38% to C$54.98 Friday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.22% rising 0.22% to 19,620.13. The stock’s rise snapped a three-day losing streak. Imperial Oil Ltd. closed C$17.98 below its 52-week high (C$72.96), … Read more
Commodities giant Glencore PLC said profit more than doubled in the first six months of the year, boosted by significant market volatility stirred up by macroeconomic and geopolitical events—a theme it expects to continue for markets through the rest of 2022. The mining and trading company on Thursday reported a jump in first half adjusted … Read more
Text size Occidental stock has doubled this year and is the top performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked Occidental Petroleum ‘s second-quarter earnings report. Occidental Petroleum (Ticker OXY), in which Buffett’s Berkshire Hathaway (BRK/A, BRK/B) is the largest shareholder, topped profit estimates, paid down nearly $5 billion in debt and … Read more