Exxon Mobil Corp
NYSE: XOM
$118.06
Closing Price on November 29, 2024
XOM Articles
U.S. commercial crude inventories increased by more than 8 million barrels last week, according to the EIA.
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24/7 Wall St. screened the Merrill Lynch research universe for the oil stocks that look well prepared for 2016 and could benefit big if prices start to trend higher.
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One unintended consequence of the rapid drop in oil prices is that company managements in the sector desperately need to cut costs.
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January 25, 2016: Markets opened lower on Friday and did not reach positive territory at any time during the day. Losses were modest though, remaining under 1% by and large. The FOMC begins a two-day...
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Demand for energy among emerging economies is forecast to grow by 45% by 2040, according to the 2016 edition of the Exxon Mobil Energy Outlook.
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January 22, 2016: Markets opened higher on Friday following comments yesterday by ECB President Mario Draghi that traders interpreted to mean that more stimulus is just around the corner. Energy and...
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The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, a day later than usual due to the Martin Luther King Jr. holiday observance.
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The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending January 15.
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January 20, 2016: Markets opened lower on Wednesday, and at one point the DJIA traded off by 500 points from Tuesday’s close. The culprit, alas, was crude oil although it received help from falling...
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At least one expert expects half of the U.S. energy industry to go bankrupt this year. But sector disasters bring opportunity — see the housing meltdown in 2007 and 2008.
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January 14, 2016: Markets opened higher again on Thursday then broke lower before riding a rising tide toward the closing bell. The energy sector led the charge higher today with healthcare and...
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Energy industry analysts at Wood Mackenzie said Thursday morning that they have identified $380 billion in capital spending cuts on 68 existing oil and gas development costs.
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The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending January 8.
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U.S. commercial crude inventories increased by 200,000 barrels last week, according to the EIA.
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A new research piece from Merrill Lynch Chief Investment Strategist Michael Hartnett outlines six top investment themes thatcould be the trends to watch for 2016.
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