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Block Surges on S&P 500 Inclusion: ETFs in Focus
ZACKS· 2025-07-21 11:30
Shares of Block Inc. (XYZ) jumped over 8.5% in extended trading on July 18, 2025, following news that the fintech company will join the S&P 500 index, replacing Hess. The addition becomes effective before the opening bell on July 23, according to a statement from S&P Dow Jones Indices.Recent Changes to the S&P 500This marks the second alteration to the benchmark index last week. Earlier, ad-tech firm The Trade Desk was added to the S&P 500, taking the place of software company Ansys. The latter was acquired ...
X @Bloomberg
Bloomberg· 2025-07-21 10:06
The European Union said a new set of measures aimed at restricting the flow of fuel made from Russian crude won’t take effect until January, easing some concerns that they would tighten an already strong diesel market https://t.co/zDCt3tKYio ...
X @Bloomberg
Bloomberg· 2025-07-21 07:52
Turkey says it will end an agreement that allows the export of oil from Iraqi Kurdistan through its territory in July next year https://t.co/0Nniv7F4XG ...
X @Bloomberg
Bloomberg· 2025-07-21 06:46
A refinery in India that’s part-owned by a Russian energy producer tightened conditions for selling products after the European Union imposed sanctions on the company https://t.co/MZMB9wWMVT ...
X @Bloomberg
Bloomberg· 2025-07-21 04:15
Shifting seasonality means global demand for crude will be lower in the fourth quarter than the third. Winter is coming for oil - and not in a positive way, writes @Javier Blas #OOTT (via @opinion) https://t.co/wOyZ0IxT2G ...
X @Bloomberg
Bloomberg· 2025-07-21 00:24
Here’s the latest news and analysis on the oil market https://t.co/v8uXLEneZm ...
X @Bloomberg
Bloomberg· 2025-07-20 17:01
Newly imposed European sanctions against India’s Nayara Energy refinery are “unjustified and illegal,” according to Russian oil major Rosneft that co-owns the facility https://t.co/l2UacLCC5X ...
Chevron Plus Hess Is A Good Investment
Seeking Alpha· 2025-07-20 13:21
Group 1 - Chevron has completed its acquisition of Hess Corporation after nearly 2 years, gaining 30% ownership in the Stabroek Block, which is considered one of the most promising oil exploration areas globally [2] - The acquisition faced challenges, including attempts by Exxon Mobil to block the deal, highlighting the competitive nature of the oil industry [2] - The Value Portfolio focuses on building retirement portfolios through a fact-based research strategy, which includes analyzing 10Ks, market reports, and investor presentations [2]
X @Bloomberg
Bloomberg· 2025-07-20 13:12
The 20-month feud between the Western Hemisphere’s two most powerful oil companies over the biggest offshore discovery in a generation hinged on a single clause of a contract few people have ever seen https://t.co/3AnecOkNhJ ...
Schlumberger: A Strong Buy For Value And Income Investors
Seeking Alpha· 2025-07-20 11:13
Core Viewpoint - Schlumberger is a leading company in the oilfield services industry, offering a diverse range of services including well construction, reservoir performance, digital services, and well management. The company has experienced a decline in oil prices and stock value in recent months, which may present strategic buying opportunities for investors [1]. Group 1: Company Overview - Schlumberger (NYSE: SLB) is recognized as a world leader in the oilfield services sector [1]. - The company provides a wide array of services that cater to various aspects of oilfield operations [1]. Group 2: Market Performance - Recent trends indicate that both oil prices and Schlumberger's stock have drifted lower in recent months [1]. - The company has recently reported its earnings, which could influence investor sentiment and market positioning [1].