Exxon Mobil signals second-quarter earnings hit from refining margins, natural gas prices

By Tanay Dhumal (Reuters) -Exxon Mobil said on Monday lower natural gas prices and refining margins are expected to hit the oil major’s second-quarter earnings. The oil major would be…

Oil slips as Gaza talks ease supply worries, Hurricane Beryl in focus

By Arunima Kumar (Reuters) -Oil prices edged lower on Monday after gaining for four weeks as supply disruption worries eased on hopes of a ceasefire deal in Gaza, but the…

Oil prices fall as Tropical Storm Beryl nears landfall in Texas

Investing.com– Oil prices retreated Monday, handing back some of the gains seen over the last four weeks, as traders watched for the impact of tropical storm Beryl on oil production…

Texas energy industry braces for Beryl as hurricane makes landfall

By Erwin Seba and Arathy Somasekhar HOUSTON (Reuters) -The Texas energy industry braced for Hurricane Beryl’s impact on Monday, with threats from the powerful storm forcing the closure of key…

Exxon Mobil expects oil prices to boost second-quarter earnings

(Reuters) -Exxon Mobil said on Monday changes in oil prices would increase the company’s second-quarter upstream earnings by $300 million to $700 million compared with the first quarter. The oil…

Exxon Mobil expects second-quarter oil earnings to increase

(Reuters) – Exxon Mobil (NYSE:XOM) said on Monday changes in oil prices would increase the oil major’s second-quarter upstream earnings by $300 million to $700 million compared with the first…

Oil drops 1% as Gaza talks ease supply worries, Hurricane Beryl in focus

By Arunima Kumar (Reuters) -Oil prices fell 1% on Monday after gaining for four weeks as supply disruption worries eased on hopes of a ceasefire deal in Gaza, but the…

Franc May Face Gloomy Future. Forecast as of 08.07.2024

Decreasing political risks in Europe and growing interest in French assets deprive the franc of important growth drivers. Together with the SNB’s reluctance to intervene in the Forex market, these…

Texas energy industry braces for Beryl as storm makes landfall

By Erwin Seba and Arathy Somasekhar HOUSTON (Reuters) -The Texas energy industry braced for Hurricane Beryl’s impact on Monday, with threats from the powerful storm forcing the closure of key…

Morning bid: Stocks surfing new highs, French surprise

A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks start the week surfing new records into another earnings season and Federal Reserve…