Previous close | 8.60 |
Open | 6.42 |
Bid | 5.95 |
Ask | 8.85 |
Strike | 152.50 |
Expiry date | 2024-05-03 |
Day's range | 6.32 - 6.63 |
Contract range | N/A |
Volume | |
Open interest | 37 |
ExxonMobil will still be producing oil and gas in 2050, the energy company's CEO told Yahoo Finance, but fossil fuels will likely be a smaller part of the business.
Top executives at U.S. oil giants Exxon Mobil and Chevron Corp said on Monday that the U.S. needs to clarify rules on energy subsidies to drive the rapid, large-scale investments needed to fight climate change. President Joe Biden has been trying to encourage energy producers to slash emissions using technologies like carbon capture and green hydrogen that are expensive and have yet to be proven at scale.
U.S. energy major Exxon Mobil's arbitration case that could block Chevron's purchase of Hess will extend into 2025, Exxon CEO Darren Woods said in an interview on CNBC on Monday, ahead of a coming vote by Hess shareholders on the deal. Exxon and CNOOC Ltd filed cases before the International Chamber of Commerce in March, seeking a right-of-first-refusal over any sale of Hess's 30% stake in the Stabroek offshore oil block in Guyana, where the three companies control the largest oil discovery in nearly a decade.