Exxon Mobil Corp
NYSE: XOM
$117.28
Closing Price on October 29, 2024
XOM Articles
ThinkstockIt was only a matter of time. In the wake of the 1973 OPEC oil embargo, the U.S. enacted a law in 1975 that prohibits (with minor exceptions) exporting U.S. crude oil. But as U.S. crude...
Published:
Last Updated:
Wikimedia CommonsThe general investing public will spend much of its energy waiting for earnings from famous companies such as Facebook Inc. (NASDAQ: FB) and J.C. Penney Co. Inc. (NYSE: JCP). These...
Published:
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 90 billion cubic feet last week, compared with an expected build of...
Published:
Last Updated:
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 101 billion cubic feet last week, compared with an expected build of...
Published:
Last Updated:
ThinkstockThe Permian Basin in West Texas is truly a story of the Phoenix rising from the ashes. Since its discovery, the oil-rich region has had its ups and downs, with activity sloping downward...
Published:
Last Updated:
ThinkstockToday’s U.S. gasoline pump prices are at their lowest point since the end of January. At a national average of $3.40 a gallon, the price has dropped by $0.19 a gallon since the beginning...
Published:
Last Updated:
ThinkstockAnglo-Dutch oil supermajor Royal Dutch Shell PLC (NYSE: RDS-A) announced Monday that it will sell its assets in the Eagle Ford shale play in south Texas. The sale follows an announcement in...
Published:
Last Updated:
Courtesy RosneftRussian oil giant Rosneft wants in on the country’s natural gas business, which is controlled by the country’s other energy giant, natural gas producer Gazprom. Exxon Mobil Corp....
Published:
Last Updated:
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 87 billion cubic feet last week, compared with an expected build of...
Published:
Last Updated:
ThinkstockShould you chase short sellers, particularly in the energy business? That is what you have to ask yourself after a Credit Suisse report on the sector. Oil has remained above $100 a barrel...
Published:
Last Updated:
ThinkstockWith tops across the Nasdaq, Dow Jones Industrial Average (DJIA) and S&P 500, concern is growing that, with a relatively poor economy and high unemployment, low interest rates cannot...
Published:
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 46 billion cubic feet last week, compared with an expected build of 55...
Published:
Last Updated:
ThinkstockIn 2012, the U.S. imported nearly 3 million barrels of oil a day from Canada. The Keystone XL pipeline, if it is approved, would increase that total by 830,000 barrels, but without a change...
Published:
Last Updated:
ThinkstockThe run-up in crude oil prices that got rolling in mid-April has pushed West Texas Intermediate (WTI) crude prices from around $87 a barrel to almost $110 a barrel. That is a gain of more...
Published:
Last Updated:
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 65 billion cubic feet last week, compared with an expected build of about 67 billion...
Published:
Last Updated: