Update: Market Chatter: Exxon Mobil, Chevron Arbitration Panel Nearly Complete
(Adds reply from Chevron official in fourth paragraph) Exxon Mobil's (XOM) claim against Chevron's (CVX) $53 billion purchase of Hess (HES) is nearing arbitration as a final member has been selected f
WTI Moves Below $83.50 Amid Expectations of Increased Supply, US NFP Awaited
West Texas Intermediate (WTI) Oil price trades around $83.50 per barrel at the time of writing.
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Midday Crude Oil Analysis: Brent Crude Oil futures prices have fallen, and hurricane intensity has weakened.
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Crypto, Retail, and Oil Are Hot for Deals. Check These Stocks. -- Barrons.com
By Adam Clark It has been a mixed year for the mergers-and-acquisitions market so far. Overall volumes are down but certain sectors have been extremely active. That could continue into the second ha
Market concerns are being triggered by the poor implementation of production cuts. OPEC+ urges member countries to make up for quota cheating.
In the effort to support the global oil market, OPEC+ is pushing member countries to make up for cheating on supply quotas. However, there is little indication that they are changing.
Technology stocks are the biggest winners in the first half of the year, how does the US stock market view the future?
In the first half of 2024, the US stock market continued to rise, with the Dow Jones Industrial Average up 3.93% and the S&P 500 index far exceeding historical average gains. The Nasdaq index has repeatedly hit new highs and is still leading the US stock market.
Saudi Arabia's non-oil PMI index in June hit a new two-year low, while the UAE hit a new 16-month low.
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Energy & Utilities Roundup: Market Talk
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Express News | Shell, BP and Exxon Mobil evacuate offshore platforms before hurricane.
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Top High Quality Stocks That Pay Dividends - UBS
Update: Market Chatter: Exxon, Shell Among Oil Firms Interested in Galp Energia's Namibia Oil Prospect
(Updates with Chevron's, TotalEnergies', and Galp's refusal to comment in the sixth paragraph.) Exxon Mobil (XOM) and Shell (SHEL) are among the more than 12 oil companies that have expressed interest
Market Chatter: Exxon Mobil, Chevron Arbitration Panel Nearly Complete
Exxon Mobil's (XOM) claim against Chevron's (CVX) $53 billion purchase of Hess (HES) is nearing arbitration as a final member has been selected for the three-person arbitration panel, Reuters reported
Express News | Exxonmobil : BMO Raises Target Price to $127 From $125
Dispute Over $53B Chevron-Hess Merger Heats Up, Arbitration Panel Nears Formation: Report
The final member has been appointed to a three-person arbitration panel tasked with resolving the Exxon Mobil Corporation (NYSE:XOM) dispute over Chevron Corporation (NYSE:CVX)'s $53 billion acquisiti
The three-person arbitration team for Exxon-Hess is about to be established, and the key obstacle to Chevron's acquisition of Hess has been eliminated.
According to reports, the final members of the three-person arbitration panel for ExxonMobil-Hess have been selected, which will clear a key obstacle for the long-delayed merger process between Chevron and Hess (HES.US).
Chevron-Hess acquisition arbitration panel is about to be established, which is expected to advance the progress of the trade.
July 3 GLH | Two informed sources said that the final members of the three-person arbitration panel have been selected. The panel aims to resolve ExxonMobil's claim for Chevron's $53 billion acquisition of Hess Corporation. The establishment of the committee will be a milestone in a long-delayed process, which brings uncertainty to Chevron and Hess' large-scale merger to be completed in the first half of 2024. Sources said that more information about the (procedure) timetable is expected to be known in the coming weeks. In March of this year, ExxonMobil filed an arbitration request with the International Chamber of Commerce (ICC), claiming superior ownership of Hess's assets in Guyana.
Exxon-Hess Arbitration Panel Nears Formation - Reuters