(Bloomberg) -- Oil held near a 10-month high as OPEC+ supply cuts tightened the global market, with Saudi Energy Minister Prince Abdulaziz bin Salman due to address an industry conference on the kingdom’s crude policy and outlook.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskThe World Is Struggling to Make Enough DieselHouse Republicans Prepare to Turn US Government Shutdown Into Immigration ClashUS,
Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.The auto workers strike will drive up car prices, but not right away - unless consumers panic
DALLAS — Car shoppers are heading for a new round of sticker shock if the strike by the United Auto Workers doesn’t end soon, particularly for popular vehicles that are already in short supply. The number of vehicles on dealer lots will shrink the longer the walkout goes on. Dealers are likely to lose incentives that the manufacturers pay them to boost sales by cutting prices. And consumers might make things worse with panic-buying.
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Oil Steadies After Three-Week Rally With Tighter Markets in ViewOil held near a 10-month high as OPEC+ supply cuts tightened the global market, with Saudi Energy Minister Prince Abdulaziz bin Salman due to address an industry conference on the kingdom’s crude policy and outlook.
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California sues oil giants for downplaying risks posed by fossil fuelsThe lawsuit, which also targets BP and ConocoPhillips, alleges the energy giants' actions have caused tens of billions of dollars in damage and accuses them of deceiving the public, the report said, citing a filing in a superior court in San Francisco. The American Petroleum Institute, an industry trade group, has also been listed as a defendant in the case, the report said, adding that California has sought the creation of an abatement fund to pay for future damages caused by climate related disasters in the state.
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BP CEO Search Is Big Oil’s Best Chance to Fix Its Gender ProblemTitans of the oil and gas world like Exxon Mobil Corp., Chevron Corp., Shell Plc, and BP Plc have successfully adapted to countless societal changes over the last century — war, nationalizations, even the climate movement. But a major hurdle remains: Big oil has yet to appoint its first-ever female chief executive — something BP could soon change.
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California sues oil giants for downplaying risks posed by fossil fuels(Reuters) - The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down ...
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California sues oil giants for downplaying risks posed by fossil fuels(Reuters) -The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down the ...
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Global Oil Execs Are Stuck Between Shareholders and Climate PromisesAt this year’s World Petroleum Congress in Calgary, Canada, about 500 speakers, including Exxon Mobil Corp. Chief Executive Officer Darren Woods and Saudi Energy Minister Abdulaziz bin Salman Al Saud, will tackle topics including decarbonizing hydrogen production and indigenous participation in net zero efforts — fitting for a gathering titled “Energy Transition: The Path to Net Zero.” But the theme runs counter to the song many industry executives are singing.
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