Oil

Bitter shareholder battle for Exxon’s future nears climax

Exxon Mobil Corp’s (XOM.N) bid to stave off a tiny activist fund challenging its board and response to growing climate…

5 years ago

Futures gain as Fed calms inflation worries

U.S. stock index futures rose on Wednesday after remarks from Federal Reserve officials helped calm inflation worries, while a recent…

5 years ago

Canada’s top pension funds boost investments in high-carbon oil sands

Canada's biggest pension managers boosted their investments in the country's major oil sands companies in the first quarter of 2021,…

5 years ago

Oil steady as demand optimism offsets worries of Iranian supply

Oil was steady on Wednesday, trading in a narrow range, supported by optimism about improving U.S. fuel demand and a…

5 years ago

Exclusive: BlackRock backs 3 director nominees challenging Exxon board -sources

BlackRock, Exxon Mobil Corp's (XOM.N) second largest shareholder, is backing several of upstart hedge fund Engine No. 1's candidates to…

5 years ago

Oil near one-week high as prospect of Iran glut wanes

Oil prices slipped on Tuesday, but were near one-week highs after jumping more than 3% the previous session as investors…

5 years ago

Shell to sell interest in Deer Park refinery to partner Pemex

Royal Dutch Shell (RDSa.L) agreed on Monday to sell its controlling interest in a Texas refinery to partner Petroleos Mexicanos…

5 years ago

Oil prices up over $1 amid potential Iran talks hitch

Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add…

5 years ago

Futures rise as higher oil drives energy stocks

U.S. stock index futures rose on Monday as higher oil prices lifted energy stocks, while S&P 500 futures scaled two-week…

5 years ago

Shares wary on U.S. inflation, battered bitcoin charts recovery

Stocks struggled for momentum on Monday as investors awaited key U.S. inflation readings for guidance on monetary policy, while bitcoin…

5 years ago