Battle of the Activists: Hindenburg Shorts Icahn
Shares in Icahn Enterprises lost roughly a fifth of their value after short seller Hindenburg Research published a report saying ...
Wednesday, June 10, 2026
Tag: Oil Industry
China’s Oil Strategy Mixes Diplomacy and a Domestic Drilling Push
Chinese oil companies are increasing their drilling at home and signing big deals overseas as part of a push for ...
Exxon Has 40 Billion Reasons to Go Shopping
A gusher of cash and a richly priced stock could steer the supermajor toward a deal.
Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from ...
JPMorgan, Delta, Amazon: Stocks That Defined the Week
MarketsStocksHere are seven major companies whose stocks moved on the week’s news
Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
MarketsCommoditiesOil MarketsThe hole in the global oil market between supply and demand is expected to reach 2 million barrels a ...
Oil Prices Surge 6.3% in Steepest Rise in Over a Year
The jump follows a vow by Saudi Arabia and other OPEC+ members to cut production.
How Options-Hedging Turbocharged Oil Volatility
A type of trading amplified a price drop to 15-month lows and now could help fuel a rebound.
Sanctions on Russian Oil Are Crimping Moscow’s Income, IEA Says
MarketsCommoditiesOil supplies are expected to struggle to keep pace with oil demand, says energy forecaster
Frackers Increase Spending but See Limited Gains
U.S. oil and gas producers raked in profits last year, but inflation and inventory cloud their 2023 prospects.
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