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Energy Select Sector SPDR
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Leading And Lagging Sectors For May 30, 2025
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The majority of the job reductions would take place at the company’s Midcontinent campus, near Midland, Texas.
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ExxonMobil (NYSE: XOM) to sell its controlling interest in Esso SAF to North Atlantic France SAS, part of strategic shift to streamline global footprint.
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Chevron Gets U.S. Nod to Maintain Oil Assets in Venezuela: Retail’s Split
May 27, 2025
Bloomberg News reported late last week that the Treasury Department will grant the waiver authorizing Chevron to carry out only critical upkeep and safety-related functions.
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Vermilion Energy To Divest Canadian Assets In Move To Cut Debt
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Oil Poised For Weekly Decline As OPEC+ Oversupply Concerns Linger
May 23, 2025
Brent crude futures fell about 0.6% to $64.06 per barrel, while West Texas Intermediate crude futures were down 0.7% at $60.80 per barrel.
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Chevron Stock Dips Slightly After Rubio Says US Won’t Extend Venezuela License: Retail Sits On The Fence
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Rubio's announcement on X late Wednesday was a complete reversal from U.S. special envoy Richard Grenell, who said the license would be extended for 60 days.
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Trump revoked the license in February after saying that Venezuela had not met the electoral conditions for the permit.
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U.S. stocks trimmed early-session losses by midday Monday, as investors showed limited concern after Moody's downgraded U.S. sovereign credit from Aaa to Aa1, effectively stripping the world's largest...
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Paul Singer's $2 Billion Energy Power Play: Phillips 66, Suncor Among Elliott's Top Holdings
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Paul Singer, Elliott Management's founder, made bold energy bets in Q1 of 2025, investing $2B each in Phillips 66 and Suncor Energy, while trimming exposure to broader market ETFs.
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Stocks Fight For Fifth Day Of Gains, Dollar Rebounds As Inflation Fears Go Haywire: What's Driving Markets Friday?
May 16, 2025
Wall Street fought for a fifth consecutive day of gains on Friday, with major indexes edging slightly higher by midday in New York as investors continued to digest the week's significant trade...
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Wall Street Wavers As UNH Tumbles, Foot Locker Soars: What's Driving Markets Thursday?
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