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Market news


ExxonMobil aims for higher oil production with capital spending boost

 06/12/2023 23:12 - Supermajor targets annual project investment of $22bn-$27bn through 2027 and 10% rise in output ...

: Dow Jones Industrial Average falls 0.2%; S&P 500 sheds 0.4%; Nasdaq Composite drops 0.6%

 06/12/2023 23:12 - This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. ...

: U.S. stocks close modestly lower, with Dow down less than 100 points

 06/12/2023 23:12 - This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. ...

: January WTI oil settles at $69.38/bbl on Nymex, down $2.94, or 4.1%

 06/12/2023 21:12 - This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. ...

Hearing highlights split in support for ‘Basel III endgame’ bank rules

 06/12/2023 21:12 - Republicans sympathise with Wall Street executives’ concerns while some Democrats downplay effect on lending ...


US oil production: record output at low prices a troubling combination

 06/12/2023 20:12 - Consolidation may force greater discipline, reining in excess investment and operating overheads ...

Economists expect Fed to hold rates at 22-year high until next July

 06/12/2023 20:12 - Also in this newsletter: Boris Johnson grilled at the Covid inquiry, BoE says private credit remains vulnerable and Samir Shah chosen as new BBC chair ...

Oil slumps to lowest in five months despite Opec+ production cuts

 06/12/2023 20:12 - Investors are betting cartel’s reductions will be offset by weak demand and rising supply from elsewhere ...


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