How Has Hurricane Ida Impacted Oil, Gasoline Prices?
WTI crude oil prices dropped 1% to $68.52 per barrel on Tuesday as it appears Gulf Coast oil refineries avoided a worst-case scenario from Hurricane Ida.
Why Exxon Mobil Shares Are Rising
Shares of several energy and oil companies, including Exxon Mobil Corporation (NYSE: XOM), are trading higher ahead of tropical storms in the Gulf of Mexico, which have disrupted supply.
ExxonMobil Affiliate Imperial Oil Ltd. Highlights Progress On Strathcona Refinery
ExxonMobil today announced its majority-owned affiliate, Imperial Oil Ltd., is moving forward with plans to produce renewable diesel at a new complex at its Strathcona refinery in Edmonton, Canada. When construction
19 High Dividend Stocks With 5%+ Yields
Investing for income is a difficult task right now. The Federal Reserve has kept interest rates at zero since the coronavirus pandemic, leading to lower yields across fixed income. Stocks aren’t much better, as record-high share prices has reduced the average dividend yield of the S&P 500 Index to just 1.3%.
Exxon, Chevron Set Up Bounce Plays After Slamming Into This Key Level
The oil and gas sector has been on shaky ground amid fears of reduced travel due to the increasing spread of the COVID-19 delta variant, OPEC+ increasing its production and the global goal to ramp up the electrification of vehicles.
Exxon Mobil’s Unusual Options Activity
On Friday, shares of Exxon Mobil (NYSE:XOM) saw unusual options activity. After the option alert, the stock price moved down to $52.38.
Analyzing Exxon Mobil’s Unusual Options Activity
Shares of Exxon Mobil (NYSE:XOM) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved down to $53.08.