Key Takeaways Exxon Mobil relies on its integrated business model to offset crude price weakness around $60 per barrel.XOM expects minimal near-term impact from Venezuela due to weakened infrastructure and required legal reforms.Exxon Mobil benefits from lower feedstock prices in its refining operations.Exxon Mobil Corporation (XOM) , a U.S.-based oil and gas giant, continues to sail through volatility in crude prices by relying on its integrated business model and balance sheet strength. However, the compa ...

Oil major Shell is considering a sale of its assets in Argentina's Vaca Muerta shale play and has approached potential buyers in recent weeks to gauge their interest, three sources familiar with the m... ...

A profound proposed reform of Venezuela's hydrocarbons law would allow foreign and local companies to operate oilfields on their own through a new contract model, commercialize output and receive sale... ...

Key Takeaways CVX is moving to sell its 50% stake in Singapore Refining Company, according to sources cited by Reuters.Chevron is streamlining operations to focus on higher-margin and less capital-intensive energy assets.Glencore and Eneos are among bidders weighing offers for the Singapore-based refinery stake.Chevron Corporation (CVX) , one of the largest oil and gas giants globally, is reportedly moving forward with the decision to sell its 50% stake in the Singapore Refining Company (“SRC”) as part of a ...

Santos has said that it expects increased production this year, with the first cargo from the restarted Darwin LNG (DLNG) plant loading its first shipment and its Pikka oil development in Alaska approaching completion. The Australian energy company previously predicted its first DLNG cargo from the Barossa field would depart by the end of 2025 but later said repairs to piping systems had slowed progress. Barossa gas and the start-up of oil production from Pikka are expected to lift production by up to 3 ...

Shell plc (NYSE:SHEL) is one of the stocks Jim Cramer talked about, along with market froth. Inquiring about the stock, a caller noted that it has been “stuck in the mud” for more than a decade. Here’s what Cramer had to say: Shell is just an okay oil company and nothing more, and that’s the problem. And I don’t really care for the oils. At least they’re not speculative. Photo by Marc Rentschler on Unsplash Shell plc (NYSE:SHEL) extracts and processes oil and natural gas to produce fuels, lubricants, ...

Capital expenditures guidance of $210 million (midpoint) resulting in 38 net operated wells drilled at both Peace River and Willesden Green including $22 million in waterflood spendingProduction guidance of 28,900 boe/d (midpoint) for 2026, approximately 55% weighted to our light oil assets and 45% weighted to our heavy oil assetsFunds flow from operations of $225 million ($3.35 per basic share) based on WTI of US$58.00/bbl in H1 2026 and US$62.00/bbl in H2 2026Calgary, Alberta--(Newsfile Corp. - January 2 ...

Global oil glut predictions are seriously exaggerated as demand growth remains strong and global oil stocks are depleted, Amin Nasser, chief executive of Aramco , the world's biggest oil producer, sai... ...

Market Overview - Asian stocks advanced amid easing geopolitical and trade tensions, particularly after U.S. President Trump signaled a pause on proposed tariffs against eight European countries over Greenland ownership [1] - Gold prices remained stable at $4,833 an ounce, with ongoing concerns about the U.S. dollar's dominance [1] - Oil prices declined as the narrative of oversupply regained control [1] Regional Market Performance - China's Shanghai Composite index rose 0.14% to 4,122.58, while Hong Kong's Hang Seng index increased by 0.17% to 26,629.96 [2] - Japan's Nikkei average surged 1.73% to 53,688.89, breaking a five-day losing streak, driven by gains in semiconductor and AI-related shares [2] - South Korea's Kospi index climbed 0.87% to 4,952.53, with significant contributions from Samsung Electronics and SK Hynix, both rising around 2% [3] Economic Data and Reactions - South Korea's GDP unexpectedly contracted by 0.3% quarter on quarter in the October-December period, yet investors remained optimistic [4] - Australia's S&P/ASX 200 index jumped 0.75% to 8,848.70, buoyed by a drop in the unemployment rate to a seven-month low [5] - Fortescue shares fell 5.1% due to shipments from Iron Bridge operations missing consensus estimates [6] U.S. Market Influence - U.S. stocks experienced a significant rally, with the Dow, S&P 500, and Nasdaq Composite all increasing around 1.2% after Trump announced the cancellation of proposed tariffs related to Greenland [6][7]

本周原油市场的核心逻辑围绕两条主线展开：一是国际能源署（IEA）上调全球原油需求增长预期，对情绪形成支撑；二是供应扩张与库存持续累积，仍对 油价构成实质性压制。IEA 在最新月报中将今年全球原油需求增长预期从此前的 86 万桶/日上调至 93 万桶/日，略高于去年的 85 万桶/日增幅，反映出全球 经济前景较此前略有改善，同时也体现出油价前期回落至相对低位后，对消费形成了一定提振作用，需求预期的上修成为本周油价走强的重要背景。但与需 求改善形成鲜明对比的是，供应端宽松格局依旧未改，IEA 同时将今年全球原油供应增长预测上调至约 250 万桶/日，显著高于需求增量，意味着全球原油 市场仍处于"供给跑赢需求"的状态。OPEC+ 在 12 月略微减产，但俄罗斯增产被部分中东国家减产所抵消，全年 OPEC+ 预计新增约 120 万桶/日供应，联盟 外国家预计新增约 130 万桶/日，非 OPEC+ 供应扩张仍是中期油市的重要变量，IEA 亦警告称，若伊朗、委内瑞拉等国供应未出现重大中断，且其他产油国 没有进一步减产，一季度原油市场仍可能再度出现明显供应过剩。库存数据进一步强化了"供强于需"的判断，美国石油协会（API ...