Oil Prices Jump on OPEC Output Cut. Exxon, Chevron Stock Rise.
Analysts revised up forecasts for oil prices in the second half, with one predicting Brent crude may average $101 a barrel.
Source: barrons.com
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The world's most important oil price is about to change for good
After years of wrangling, the world’s most important oil price is about to be transformed for good, allowing crude supplies from west Texas to help determine the price of millions of barrels a day of petroleum transactions.
Source: timeslive.co.za
Big Oil's Big Paradox: Record Profits, Low Stock Valuations
Many investors have doubts about the energy companies’ move toward green energy. That’s hurting the shares now and could continue to do so in the future.
Source: barrons.com
ConocoPhillips CEO Doubles Down on Alaska Oil as Competitors Leave Arctic
Ryan Lance says Alaska, where he began his career, will provide much-needed crude for decades to come
Source: wsj.com
Zelensky says talks are Russia's 'only chance'
Ukrainian President Volodymyr Zelenskiy said peace talks are Russia’s “only chance” given the growing number of countries imposing sanctions against it, urging Moscow to engage in negotiations.
Source: timeslive.co.za