Weekly jobless claims rise in line with estimates Moderna and Pfizer in place as FDA clears updated COVID boosters Exxon climbs after strengthening its buyback program Indices up: Dow 0.55%, S&P 0.75%, Nasdaq 1.13% Dec 8 (Reuters) – The S&P 500 (.SPX) ended higher on Thursday, ending a five-game losing streak as investors interpreted data …
WASHINGTON, Dec 6 (Reuters) – When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo in March, they pledged to cut revenue of the Russian war machine, while avoiding a devastating spike in oil prices. But keeping Russian oil on the market and global prices …
Analysis: Russia’s G7 oil price ceiling moves from revenue squeeze to market anchor Read More »
WASHINGTON/HOUSTON, Nov 26 (Reuters) – Chevron Corp on Saturday received a U.S. license allowing the second-biggest U.S. oil company to expand production in Venezuela and ship crude oil from the South American country to the United States . The ruling grants broader rights to the last major US oil company still operating in US-sanctioned Venezuela. …
Chevron can resume a key role in Venezuela’s oil production and exports Read More »
