Oil finished higher on Monday, with prices staying above $ 40 a barrel as positive test results for a coronavirus vaccine helped offset concerns about energy demand linked to the surge in global cases of COVID-19 above 14.5 million. Risk appetite received a boost “following news that a coronavirus vaccine …
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About 730 light years away, around a star that closely resembles our Sun, astronomers have found a really strange exoplanet. It is only slightly smaller than Neptune, which could indicate a gaseous planet … but it is more than twice as massive as Neptune, with a density comparable to Earth …
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Text size Scott Olson / Getty Images Exxon Mobil provided an update on its second-quarter outlook on Thursday, and could mean a second-quarter earnings release for the oil giant, according to Cowen & Company. In its latest 8K presentation, Exxon (ticker: XOM) detailed the continuing headwinds against the Covid-19 pandemic …
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UK stocks fell on Tuesday as Royal Dutch Shell’s warning that it could take a $ 22 billion redemption dragged down the FTSE 100 UKX, -0.75% lower. The UK economy also suffered its worst decline since 1979, as gross domestic product fell 2.2% between January and March, according to the …
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Chesapeake Energy, the pioneer of oil shale gas drilling that helped make the United States a global energy power, filed for bankruptcy. The Oklahoma City-based company said Sunday it had been forced to enter Chapter 11 protection because its $ 9 billion debts were unmanageable. He has entered into a …
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