Tag: OPECs

Finance

Exxon Mobil Stock: Will Energy Giants Exxon, Chevron Follow OPEC’s Lead?

10/26/2022
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Coming off record profits in the second-quarter, Exxon Mobil (XOM) and Chevron (CVX) are expected to again see Q3 earnings skyrocket when they report later this week. Capital spending guidance from th...

Finance

Biden says he’ll release 10 million more barrels from the dwindling ‘oil piggy bank’ after OPEC’s production cuts — but this is the big risk with more withdrawals

10/07/2022
Bitcoin Ethereum News

Biden says he’ll release 10 million more barrels from the dwindling ‘oil piggy bank’ after OPEC’s production cuts — but this is the big risk with more withdrawals In an effort ...

Finance

OPEC’s oil cuts force the US to reconsider its foreign policy

10/06/2022
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OPEC+ announced it’ll slash output by 2 million barrels per day (bpd) on Wednesday (Oct. 5), the biggest cut since the pandemic started in 2020. The White House’s reaction was swift, calling the decis...

Finance

World is facing a ‘game changer’ as Russia’s war roils energy markets, says OPEC’s Barkindo

03/07/2022
Bitcoin Ethereum News

OPEC Secretary-General Mohammed Barkindo speaks during the opening ceremony of the Abu Dhabi International Petroleum Exhibition and Conference in Abu Dhabi on November 11, 2019. – | AFP | Getty ...