👉 Key Highlights: 📍 Saudi Arabia extends 1-million-barrel daily oil cut until end of June. 📍 Riyadh's production to stay at 9 million barrels per day through Q2. 📍 Extension follows initial cut since July last year, set to expire this month. 📍 OPEC+ voluntary cuts total 2.2 million barrels per day, with future extensions uncertain. 📍 Oil prices have been fluctuating within $75 to $85 desp...
As consolidation in the energy industry accelerates, mergers and acquisitions have been particularly active this year in the U.S. oil sector, with producers actively seeking high-quality assets in the prolific Permian Basin. On Monday, Buffett-backed$西方石油(OXY.US)$announced its acquisition of CrownRock, one of the most popular private shale oil producers in the United States, for $12 ...
📣BREAKING: Berkshire Hathaway Ups Stake in Occidental Petroleum, Now Holds Over 25% of the Company!$西方石油(OXY.US)$$埃克森美孚(XOM.US)$$雪佛龍(CVX.US)$$先鋒自然資源(PXD.US)$ Key Details: ✅ Berkshire Hathaway recently bought 3.9 million shares of Occidental Petroleum (OXY), taking its stake to 228 million shares valued at $14.5 billion. ✅ The recent purchase was made at an average price close to $63 a share. ✅ Occidental shares rose 1.2% on Wednesday to $63.47 follow...
Following the $59.5 billion acquisition of Pioneer Natural Resources$先鋒自然資源(PXD.US)$by ExxonMobil$埃克森美孚(XOM.US)$, the Jim Cramer Charitable Fund has decided to sell all 300 of its shares in Pioneer Natural Resources (PXD). Although the fund had the option to hold Pioneer shares until the expected merger closing date of June 30, 2024, it preferred to cash out the profits and reinvest the cash in other...
$埃克森美孚(XOM.US)$+$先鋒自然資源(PXD.US)$would make Exxon the largest player in the Permian Exxon's $59.5 billion all-stock acquisition of Pioneer Natural Resources put downward pressure on the energy sector, leading to a 3.6% dip in Exxon's shares and a 2.5% drop in WTI crude oil prices. Meanwhile, the consumer staples and health care sectors also faced declines.
Kevin Matte : 當特朗普擔任總統時,他與世界第二大石油生產商沙特阿拉伯有積極的關係。現在拜登掌權,伊朗和沙特阿拉伯似乎正在笑著他。IMO 讓拜登生氣並不真的是他們的利益。我認為如果特朗普重選,他們會後悔。