Oil Crude Futures hit a two month high Wednesday. Investors see signs that riskier assets such as oil will be in higher demand if the economy grows stronger. Signs for Houston's economy also got a boost this week with news luxury home sales were up sharply in February. Some analysts see this as the beginning of consumers feeling good about economy again.
2024-02-21 - President Andres Manuel Lopez Obrador revealed the debt data in a chart from a presentation on Pemex at a government press conference.
2023-12-12 - By value, Occidental Petroleum’s Dec. 11 deal for CrownRock, combined with other private-equity exits, totaled about $30 billion in 2023.
2023-12-15 - Cenovus’ West White Rose project and Christina Lake projects are expected to be major revenue generators in 2024.
2024-02-02 - NOV’s CEO Clay Williams is bullish on the company’s digital future, highlighting value-driven adoption of tech by customers.
2024-01-24 - Todd Holdco will acquire 37,333,333 common shares in Northcliff at CA$0.01875 (US$ 0.014) per common share.