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…
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…
Hurricane Beryl expected to weaken quickly as it churns across Texas
By Tyler Clifford (Reuters) – Hurricane Beryl made landfall near the coastal town of Matagorda in Texas early on Monday, pounding coastal areas with dangerous storm surges, strong winds and…
Texas energy industry braces for Beryl as storm gathers strength
By Erwin Seba and Arathy Somasekhar HOUSTON (Reuters) – The Texas energy industry braced for storm Beryl’s impact on Monday, with threats from the intensifying weather system forcing the closure…
Dollar stabilizes ahead of key inflation data; euro gains
Investing.com – The U.S. dollar steadied in early European trade Monday ahead of key inflation data, while the euro edged higher as traders digested the results of the French parliamentary…
Oil slips as Gaza talks ease supply disruption woes; Hurricane Beryl in focus
By Florence Tan SINGAPORE (Reuters) -Oil prices slid on Monday after rising for four weeks, as the prospect of a ceasefire deal in Gaza eased geopolitical tensions in the Middle…
Largest Texas ports close as Hurricane Beryl nears
By Arathy Somasekhar, Marianna Parraga and Erwin Seba HOUSTON (Reuters) -The largest ports in Texas closed operations and vessel traffic on Sunday to prepare for Tropical Storm Beryl, which was…
Hurricane Beryl intensifying as it nears Houston, warning of ‘deadly storm’
By Tyler Clifford (Reuters) – Hurricane Beryl strengthened as it neared the Texas coast on Sunday, the U.S. National Hurricane Center (NHC) said, forcing the closure of major oil ports,…
