Exxon Mobil (XOM) says co. is focused on maximising production and goal is to double recovery rates in US shale
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China's Foreign Minister says urging for talks among parties in the Iran conflict
US President Trump says Democrats are creating chaos to take away from great military achievement they are having in Iran
Exxon Mobil (XOM) says co. is focused on maximising production and goal is to double recovery rates in US shale
Russia's oil export capacity has shrunk by 40% after attacks on infrastructure and tanker seizures, according to reports, citing calculations and sources
Kuwaiti Ministry of Defence says two drones targeted a fuel tank at Kuwait airport, leading to a fire
On the Newsquawk feed at , 20 minutes before this page.
Context
Exxon Mobil's announcement on maximizing production and doubling recovery rates in US shale underscores its commitment to enhancing operational efficiency amid a volatile oil landscape. This strategic focus could position Exxon favorably against peers, particularly as market dynamics shift, potentially influencing both its stock and investor sentiment towards the integrated oil sector.
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