Exxon expects to generate some $16 billion in profits from its fuels and chemicals businesses in 2027, company executives told media."Toward the end of this decade we see gasoline demand peaking, but it will be a long plateau," …
Shares of
Intel
(INTC) were up 6.8% after the chip maker reported a surprise second-quarter profit and issued a revenue forecast for the third quarter that was better than expectations. Chief Financial Officer…
First-quarter earnings season ramps up this week, with some 170
S&P 500
firms scheduled to report, including many of the largest companies on the market. Economic releases will include data on business and…
Jan 13 (Reuters) - Exxon Mobil Corp (XOM.N) in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with the matter said, completing a $2 billion expansion first considered nine…
Dow Jones futures fell early Wednesday, along with S&P 500 futures and Nasdaq futures. Tesla stock retreated as the EV giant offered another price incentive in China.
X
The stock market rally had another weak session, with…
Dow Jones futures tilted higher overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally had another weak session, with Apple (AAPL) and Exxon Mobil (XOM) breaking below key levels while Amazon.com (AMZN) and…
New York
CNN
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ExxonMobil has been ordered to reinstate two scientists who were fired after being suspected of leaking information to The Wall Street Journal, the US Labor…
The Schork Group Principal Stephen Schork provides insight into the oil market and prices. Exxon Mobil's global oil and gas reserves tumbled by a third last year as the COVID-19 pandemic crashed global oil prices and demand, the company!-->-->…