Express News | Redburn: downgraded exxon mobil's oil rating to neutral, with a target price of $120.
Crude oil analysis at noon: Hurricane strikes again, causing secondary disruption to oil production in the Gulf of Mexico.
Early trading Brent crude oil futures prices rose... Hurricane strikes again in the Gulf of Mexico, usa... China's crude oil import volume rebounds... South Sudan explores new routes for crude oil exports...
Bank of America warns: Oil bears are stepping into the "bear market trap"!
Analysts at Bank of America stated that the pessimism in the oil market has reached record levels, but the potential acceleration in global energy consumption may catch short sellers off guard.
California and multiple eco-friendly organizations sue exxon mobil for exacerbating global plastics pollution.
According to Reuters, on September 24, Exxon Mobil was sued by the state of California and multiple environmental organizations in the USA for allegedly participating in a decades-long effort that has exacerbated global plastic waste pollution. California Attorney General Rob Bonta stated at an event during Climate Week in New York City that after nearly two years of investigation, California has filed a lawsuit against Exxon Mobil, with the investigation revealing that Exxon Mobil deliberately misled the public about the limitations of recycling. This action intensifies the longstanding hostile relationship between California and the oil giant. California has previously
Oil Prices Stall Amid Mixed Business Activity Readings
Futu Morning Post | Federal Reserve officials speak intensively! Opening the door to another significant interest rate cut; Wall Street strategists: Fed rate cuts increase the possibility of a stock market 'melt-up'.
USA's September business activities stabilized, with rising price pressure; spot gold refreshed historical highs above $2630 on Monday; Tesla surged nearly 5% intraday, hitting a two-month high! Barclays: China market may drive deliveries beyond expectations.