Alaska sues Biden administration over oil and gas leases in Arctic refuge
By Ryan Patrick Jones (Reuters) – The U.S. state of Alaska has sued the Biden administration for what it calls violations of a Congressional directive to allow oil and gas…
Oil prices rise to near 3-mth high as US inventories shrink, OPEC supply drops
Investing.com– Oil prices rose in Asian trade on Wednesday, extending a bounce from the prior session as U.S. industry data pointed to a drop in oil inventories, while production by…
Oil prices up on tighter OPEC supply, US jobs data
By Katya Golubkova TOKYO (Reuters) – Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in U.S. jobs openings pointed…
Exxon signals weaker performance across the board to hurt Q4 profits
By Sheila Dang HOUSTON (Reuters) -Exxon Mobil signaled on Tuesday that sharply weaker oil refining results, asset impairments and lower oil prices would reduce its fourth-quarter earnings by about $1.75…
Exxon Mobil signals oil refining results to hurt Q4 profits
By Sheila Dang HOUSTON (Reuters) -Exxon Mobil signaled on Tuesday that sharply weaker oil refining results, asset impairments and lower oil prices would reduce its fourth-quarter earnings by about $1.75…
Exxon Mobil signals Q4 earnings to drop versus prior quarter
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US oil futures rise after API reports much larger drop in US crude stocks
Investing.com — U.S. crude oil futures inched higher in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stockpiles. Crude Oil WTI Futures,…
Exxon Mobil expects fourth-quarter upstream earnings to ease
This post is originally published on INVESTING.
Biden team wraps up expanded clean energy credit guidance
WASHINGTON (Reuters) – The Biden administration on Tuesday released guidance to help companies secure clean energy tax credits under the 2022 Inflation Reduction Act, finalizing a program to extend subsidies…
Dollar firms as solid US data suggests Fed likely to slow easing cycle
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar strengthened on Tuesday as U.S. economic data showing a generally stable jobs market and a still robust services sector suggested that the…
