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Stock Market & Financial Investment News

News Breaks
July 2, 2014
05:13 EDTXOMExxon Mobil announces $1B investment in Antwerp Refinery
ExxonMobil affiliate Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., announced today it plans to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel. The new unit will expand the refinery’s ability to help meet energy needs throughout northwest Europe, despite a challenging industry environment. Jerry Wascom, incoming president of ExxonMobil Refining & Supply Company said, “Our investments at this refinery, totaling more than $2 billion in less than a decade, will contribute to meeting the demand for fuels and finished products from our customers in Europe."
News For XOM From The Last 14 Days
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March 30, 2015
11:21 EDTXOMHill receives contract from ZADCO to manage infrastructure improvements
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11:01 EDTXOMExxon Mobil begins production at Hadrian South in Gulf of Mexico
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March 27, 2015
06:37 EDTXOMOil retreats after Goldman says attacks won't have much impact, Reuters reports
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March 26, 2015
08:56 EDTXOMExxon Mobil volatility flat as WTI oil trades above $51
Exxon Mobil March weekly call option implied volatility is at 17, May is at 16, June is at 17, and October is at 18; compared to its 26-week average of 19 according to Track Data, suggesting non-directional price movement.
06:36 EDTXOMOil surges after Saudis attack Yemen rebels, Reuters reports
The price of West Texas Intermediate oil was up about 4% after Saudi Arabia and other countries bombed Iranian-backed rebel forces in Yemen, according to Reuters. OVerseas stocks fell signficantly following the attacks, the news service noted. Publicly traded oil companies include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
March 24, 2015
07:36 EDTXOMWhiting tumbles as stock offering dampens takeover speculation
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March 22, 2015
17:59 EDTXOMOPEC will not take sole responsibility for supporting oil price, Reuters says
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March 20, 2015
07:19 EDTXOMWhite House expected to unveil fracking rules today, WSJ says
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06:37 EDTXOMOil prices fall again, Reuters reports
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March 19, 2015
08:38 EDTXOMN.J. State Assembly Judiciary Committee to hold a hearing
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07:19 EDTXOMKuwaiti minister says OPEC can't cut oil production, Bloomberg reports
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07:04 EDTXOMAmerican Express confirms plans to launch Plenti loyalty program
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March 18, 2015
06:16 EDTXOMAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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March 16, 2015
11:11 EDTXOMOPEC sees oil prices to hit U.S. oil output by late 2015, Reuters says
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