OSLO, May 3- Norway's $872- billion sovereign wealth fund, the world's largest, said it would press U.S. oil majors ExxonMobil and Chevron to do more to report on the risks of climate change. "We want them to be open about their climate strategy and their dialogue with regulators," the fund's chief executive Yngve Slyngstad told reporters. The fund, itself built from...
Raymond James analyst Pavel Molchanov says the oil giant is in an unrecognizable state right now.
Demond Hicks, RLJ Lodging Trust Manager, and David Meyers, A La Carte Charts Creator, discuss their market strategies and give their top picks.
Exxon Mobil posted its smallest quarterly profit in more than 16 years Friday, while Chevron lost $725 million, its worst showing since 2002, and raised the number of jobs it expects to cut this year from 7,000 to 8,000. Other oil companies are expected to report weak earnings in the next few days. Oil prices have tumbled from their 2014 highs of over $100 a barrel,...
CNBC's Bob Pisani looks at the current state of the markets as the S&P 500 has seen a rough two days.
Stewart Glickman, S&P Global Market Intelligence Energy Equity Analyst, and Kyle Cooper, ION Energy Group Consultant, discuss the oil market and big players in the space.
Western Digital sare are "looking ugly" after earnings, and Exxon and Chevron reported earnings both beating on revenues, with John Spallanzani, GFI Group, and the "Fast Money Halftime Report" traders.
Discussing Exxon Mobil and Chevron earnings, after Exxon reported a quarterly earnings and revenue beat, and Chevron reported a mixed report, with Pavel Molchanov, Raymond James.
HOUSTON, April 29- Exxon Mobil Corp and Chevron Corp posted sharp drops in quarterly results on Friday as an oversupplied fuel market shrank profits from their refining units, which until now had provided healthy margins that helped insulate them from a 60 percent slide in oil prices since mid-2014. Exxon reported net income of $1.81 billion, or 43 cents per...
Valeant has resumed trading after halting for a board announcement, reports CNBC's David Faber. Valeant CEO Michael Pearson will step down, and former Perrigo CEO Joe Papa will lead the company.