Newsfeeds - Spark Newswire

2 minute read

OPEC+ Agrees To Maintain Current Oil Production Policy, Voices Concern About Russian Cap

Today, 5:45 AM

On Sunday, the OPEC and the non-OPEC producers, a group of 23 oil-producing nations known as OPEC+, decided to maintain oil production targets at current levels, including an existing policy of reducing oil production

CVX

3 minute read

Who Are The Winners And Losers Of G7 Price Cap On Russian Oil?

By Robert Kuczmarski

Today, 5:45 AM

Ahead of the OPEC + meeting this Sunday to discuss its oil production policy, the European Union decided to ban all maritime transports of imported Russian oil on Monday.

CVX

2 minute read

G7 Sets $60 Per Barrel Price Cap On Russian Oil: Here’s The Kremlin’s Response

By Bibhu Pattnaik

Today, 5:45 AM

The Group of Seven (G7) nations have agreed to put a price cap of $60-per-barrel on Russian crude oil. On Friday, the European Union decided on the same price.

CVX

2 minute read

This Is What Whales Are Betting On Exxon Mobil

By Benzinga Insights

Today, 5:45 AM

Someone with a lot of money to spend has taken a bearish stance on Exxon Mobil (NYSE:XOM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

XOM

1 minute read

Exxon-Mobil Merger Creates Largest Company In The World On This Day In Market History

By Elizabeth Balboa

Today, 5:45 AM

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Nov. 30, 1999, a $73.7-billion merger between Exxon and Mobil Oil established the largest company in the world.

AAPL

1 minute read

Global
News

Exxon To Exit OPEC-Member Equatorial Guinea In 2026; Exxon To Decommission Zafiro Platform And Permanently Cut Production To Not More Than 30,000 Barrels/Day; Exxon Is Currently Producing Less Than 15,000 Barrels/Day In Equatorial Guinea

By Benzinga Newsdesk

Today, 5:45 AM

- Reuters

XOM

3 minute read

UAE Cuts Oil Supplies To Asia As COVID Shutdowns Weaken Economy

By AJ Fabino

Today, 5:45 AM

The United Arab Emirates (UAE) will reduce its crude oil exports to some term contract clients in its core market Asia by 5% in December.

BKR

3 minute read

US Stocks Head For Rough Start To Week As China Protests Become International Concern — Tesla, Apple, Oil Stocks Slump Premarket

By Shanthi Rexaline

Today, 5:45 AM

The U.S. index futures are pointing to a lower start for Wall Street stocks on Monday, as the upward momentum built over the last week falters amid geopolitical tensions.

AAPL

3 minute read

Bulls And Bears Of The Week: Tesla, GameStop, And Cathie Wood Still Says Bitcoin Will Reach $1M

By Michael Cohen

Today, 5:45 AM

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

BTC

1 minute read

Exxon Mobil, Chevron, ConocoPhillips Slapped With Shareholder Resolutions Over Secretive Tax Practices

By Vandana Singh

Today, 5:45 AM

Oxfam filed shareholder resolutions against oil giants Exxon Mobil Corp (NYSE:XOM), Chevron Corporation (NYSE:CVX), and ConocoPhillips (NYSE:COP), alleging a lack of transparency over their…

COP