Commodities Archives - Page 205 of 260

1 minute read

Pain At The Pump, But Not For Exxon Mobil CEO — Here’s How Big Of A Raise He’s Getting

December 5, 3:27 PM

The yearly base pay of Exxon Mobil Corp (NYSE: XOM) CEO Darren Woods and CFO Kathryn Mikells will be increased, the company announced Monday. According to the company's filing, Woods' yearly salary will be $1.88 million, up from $1.7 million this year.

XOM

1 minute read

Biden Administration To Convene Virtual Meeting With U.S. Oil Executives On Dec. 8 To Discuss How To Support Ukrainian Energy Infrastructure

By Michael Horton

December 5, 2:42 PM

-Reuters

RSX

3 minute read

Will Putin Adhere To G7 Price Cap? EU To Face Tough Year Filling Oil, Gas Reserves

By Robert Kuczmarski

December 5, 2:24 PM

Until the Russia-Ukraine War, the European Union (EU) relied on Russia for roughly 39.2% of its natural gas supply.

LNG

3 minute read

Gold Down 1%; China Pharma Shares Spike Higher

By Lisa Levin

December 5, 1:27 PM

U.S. stocks traded lower midway through trading, with the Dow Jones dropping over 200 points on Monday.

CPHI

2 minute read

How Much Must You Earn To Buy A Home In 2022? Plus, Prices Fell In These 10 Cities

By AJ Fabino

December 5, 12:51 PM

A homebuyer must earn $93,684 to afford the $2,342 monthly mortgage payment on the typical U.S. home. That's down 14.51% from one month ago, and up 21.37% from $73,668 a year ago. This is owing to mortgage rates more than doubling in the last year, along with consistently high property prices.

RDFN

2 minute read

Tesla Analyst Warns Against Fed-Induced Recession As Gas Prices Fall: ‘Go Away And Stay Away’

By Shanthi Rexaline

December 5, 7:23 AM

The pullback in retail gasoline prices was the talk of the town over the weekend, with even President Joe Biden calling attention to it. Drawing an inference from the data, an analyst stepped up his call for the Fed to step away.

XLE

2 minute read

Putin’s Point Man On Energy Says Russia Won’t Adhere To Western Oil Price Cap Even If It Has To Cut Production

By Bhavik Nair

December 4, 9:52 PM

President Vladimir Putin's point man on energy and Russian Deputy Prime Minister Alexander Novak said even if Russia has to trim production, it will not sell oil subject to a Western price

BNO

2 minute read

If G7 Price Cap On Russian Oil Backfires, These 3 Dividend-Paying Energy Stocks Could Benefit

By Robert Kuczmarski

December 4, 2:23 PM

As the Group of Seven (G7) and European Union announced a plan to set a price cap on Russian oil of $60 per barrel, set to take effect on Dec. 5, 2022, it is evident that the energy crisis is far from over.

1 minute read

OPEC+ Agrees to Keep 2M B/D Production Cuts Through January -Sources

By Charles Gross

December 4, 8:47 AM

-Wall Street Journal Citing Sources https://www.wsj.com/articles/opec-gathers-to-decide-output-with-russian-oil-price-cap-looming-11670116254

RSX

3 minute read

Who Are The Winners And Losers Of G7 Price Cap On Russian Oil?

By Robert Kuczmarski

December 3, 12:59 PM

Ahead of the OPEC + meeting this Sunday to discuss its oil production policy, the European Union decided to ban all maritime transports of imported Russian oil on Monday.

CVX