Oil prices end higher, but fall more than 2% for the week
Oil futures finish higher Friday, but notch losses for the week.
Norway's Oil Fund to Vote Against Exxon Mobil Amid Shareholder Rights Concern
Norges Bank Investment Management has joined a growing list of shareholders to air their concerns over a lawsuit filed by Exxon Mobil against two sustainability investor groups.
Wood Rejects Improved $1.9 Billion Bid from Sidara
Wood Group said the offer of 220 pence a share significantly undervalues the company and its growth prospects.
Prices at the Pump Are Dropping Just in Time for Memorial Day Weekend
Preholiday costs are about 5% below their inflation-adjusted average since 2000.
Energy & Utilities Roundup: Market Talk
Find insight on Naturgy, pipeline operator APA, DuPont de Nemours, and more in the latest Market Talks covering the Energy & Utilities sector.
NOAA Predicts the Most Hurricanes It Has Ever Forecast
This season will see between 17 and 25 named storms with winds of 39 miles an hour or higher.
U.K. Utilities' Shares Fall on Election News
Shares across the U.K. utility sector are tumbling on U.K. snap election news and National Grid's surprise, heavily discounted rights issue to fund its new investment plan.
U.S. Crude Oil Stockpiles Rose Last Week
U.S. crude oil inventories rose by 1.8 million barrels last week and gasoline stocks fell, while refineries stepped up their capacity use for a third consecutive week
State Treasurers, Others Urge Exxon Mobil Shareholders to Vote Against CEO
In addition to Exxon Mobil's CEO, the group urged voting out Lead Independent Director Joseph Hooley.
Four Dead, Thousands Without Power Following Severe Storm in Houston
Residents were told they should stay home Friday if they are nonessential workers, and local schools were closed until Monday.
(END) Dow Jones Newswires
05-24-24 1615ET
