GasBuddy Head of Petroleum Analysis Patrick De Haan joins Yahoo Finance Live to discuss the latest moves in the energy market and what this could mean for consumers.
(Bloomberg) -- It’s been a blockbuster summer for Big Oil. Exxon Mobil Corp. and Chevron Corp. posted record profits thanks to surging energy prices. The new US climate bill includes concessions to oil and gas companies.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedThese Six Cities Are Emerging as New Expat Hot Sp
The Dow Jones Industrial Average (DJIA) is among the oldest stock market averages in the world. The index comprises 30 large-cap American companies, stocks like Walmart, American Express, and Microsoft. Although the index is a fairly narrow measure of the U.S. stock market, it is often cited by media organizations to track market sentiment owing to its longevity and prominence.