Archive for Tag: exxon oil stock price

Brent Oil Price

Oil drops on report White House to ask OPEC to pump more

Brent Oilwas trading 1.02% Down at $69.88. Oil fell below $70 a barrel on Wednesday, pressured by a CNBC report that the White House will call on OPEC and its allies to boost production in an effort to combat climbing gasoline prices. The price of Brent Crudeis up 35%...

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Oil Price

Oil Up Over Draw in U.S. Crude Supplies, but COVID-19 Remains Threat to Demand

Brent Oil was trading 0.35% up at $73.78. Oil was up Wednesday morning in Asia, boosted by a draw in U.S Crude supplies that reinforced expectations that fuel demand will outstrip supply growth. However, increasing numbers of COVID-19 cases globally capped the black liquid’s gains. Brent Oil Futures gained...

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Exxon Mobil Corp

Exxon hiring more temporary workers as Texas refinery lockout continues

Exxon Mobil Corp (NYSE:XOM) is trading down 2.22% at 59.53 Exxon Mobil Corp (NYSE:XOM)said on Wednesday it will begin hiring additional temporary operators of its Beaumont, Texas refinery as a lock out of 650 union-represented workers runs into its 11th week. Exxon said it took the decision to hire...

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Commodity Markets Outlook

Oil Up Boosted by Key Markets, Ahead of OPEC+ Meeting

Brent Crude was trading 0.56% up at $75.34. Oil was up Wednesday morning in Asia as a strong economic rebound of key consumers boosted fuel demand and drained bloated inventories. Investors now await a Organization of the Petroleum Exporting Countries and allies (OPEC+) meeting for clues on production policy....

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Oil prices steady, boosted by U.S. economic data

Crude Oil WTI was trading 0.54% up at $66.56. Oil prices were steady on Thursday, bolstered by strong U.S. economic data that offset investors’ concerns about the potential for a rise in Iranian supplies. Brentfell 2 cents to $68.85 a barrel by 10:52 a.m. EDT (1452 GMT). U.S. West...

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Three Exxon refineries top the list of U.S. polluters

Exxon Mobil (NYSE:XOM) is trading down 0.64% at 58.56 Exxon Mobil (NYSE:XOM)’s U.S. oil refineries pump out far more lung-damaging soot than similarly-sized facilities operated by rivals, according to regulatory documents and a Reuters analysis of pollution test results. The Texas-based firm’s three largest refineries – two in Texas...

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Shareholder activism reaches milestone as Exxon board vote nears end

Exxon Mobil Corp (NYSE:XOM)is trading down 2.26% at 58.26 The showdown pitting Exxon Mobil Corp (NYSE:XOM)against a tiny activist fund to determine the oil giant’s board and future direction was too close to call early Wednesday, according to people familiar with the matter. Exxon’s 12 directors are up for...

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