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One downside to investing in commodities like gold, copper or oil directly through futures or options is that they don't pay dividends. To earn money, the price of the commodity has to go your way.
Kosmos Energy and partners signed MOU with Ghana extending licenses for Jubilee and TEN oil fields, allowing for potential $2 ...
U.S. stocks are drifting lower and giving back a small bit of their sprint through May, which was their best month since 2023 ...
U.S. oil companies are pulling back as lower commodity prices take a toll. After two months of crude oil prices hovering around $60 a barrel, companies are shutting down drilling rigs and laying off ...
Amid a reduction in its global workforce, Chevron plans to lay off over 200 Midland County employees on July 15.
Chevron plans to lay off 200 employees at locations in Midland, Texas as part of a global workforce reduction of up to 20% by ...
The Houston oil giant previously shared plans to cut 15 to 20 percent of its global workforce by the end of 2026.
Exxon Mobil senior vice president Neil Chapman announced on Thursday that the arbitration proceedings for Exxon Mobil’s ...
Houston-based Chevron will layoff nearly 800 workers at its Permian Basin facilities in West Texas. The layoffs, expected to ...
While speaking at a Bernstein conference, Chapman said he was confident that a three-member arbitration panel would rule in ...
ConocoPhillips continues to refer to the Gulf of Mexico, while Chevron Corp. embraces the Gulf of America, according to a ...
Market Talk 0916 ET - Oil picks up from the previous day's selling with the market juggling opposing geopolitical and supply scenarios. Recent sideways trading reflects changing expectations around ...
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