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Presidio, SPAC, Merger, Panhandle

Presidio, SPAC, Merger, Panhandle

Presidio Targets Public Debut in $660M SPAC Deal

Chevron, Exxon, Europe, Oil, Production

Chevron, Exxon, Europe, Oil, Production

Exxon, Chevron Raise Production as Europe Falls Behind

At least four tankers discharged millions of barrels of Russian crude at Indian refineries over the weekend, even as pressure ramps up by USA

At least four tankers discharged millions of barrels of Russian crude at Indian refineries over the weekend, even as pressure ramps up by USA

Tankers Deliver Russian Crude to India Despite USA and EU Pressure

Armstrong, Alaska, Oil, Energy, Conventional

Armstrong, Alaska, Oil, Energy, Conventional

Bill Armstrong Proves Alaska Oil Finds Aren’t Over

Featured Article

Snippets

Occidental Petroleum: Warren Buffett Buys Again
Just a few hours ago, ...
Just a few hours ago, it was revealed that Warren Buffett purchased an additional $200 million [or ~ 3.46 million shares] in OXY stock from May 16-18, 2023, according to the recent SEC filing.

In total, Berkshire now owns more than 217.3 million shares of Occidental Petroleum, valued at approximately $12.7 billion. Additionally, Berkshire holds around $9.5 billion worth of Occidental preferred stock, which carries an 8% annual dividend, and has warrants to purchase $5 billion worth of Occidental common shares for $59.62 per share.

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ChatGPT gets its own app
OpenAI released an ...
OpenAI released an app of its chatbot for the iPhone in the US and said a version for green texters is on the way. The ChatGPT app functions similarly to the existing browser design (free, no ads), but OpenAI hopes that by making ChatGPT easily accessible on your phone, you’ll use it more—and Google Search less. In other AI news, Meta, for the first time, revealed the extensive infrastructure it’s been building to support its artificial intelligence ambitions, including a “family” of chips.
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Friday Sports Clips
Kentucky Derby winner Mage...
Kentucky Derby winner Mage will look to win the second leg of Triple Crown at tomorrow's 148th Preakness Stakes (More) | Rafael Nadal to miss French Open with injury, expects 2024 to be his final season (More)
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Stock Market Outlook for Friday
US stock futures rise early Friday, as investors still await progress in debt-ceiling...
US stock futures rise early Friday, as investors still await progress in debt-ceiling talks. Meanwhile, Federal Reserve Chair Jerome Powell and New York Fed President John Williams are due to make speeches later today. Check out the latest market moves.

Earnings on deck: Morgan Stanley, Honeywell, Amgen, all reporting.
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Closing Oil & Gas Prices
Benchmark U.S. crude oil for June delivery fell...
Benchmark U.S. crude oil for June delivery fell 97 cents to $71.86 a barrel Thursday. Brent crude for July delivery fell $1.10 to $75.86 a barrel.

Wholesale gasoline for June delivery was unchanged at $2.57 a gallon. June heating oil fell 2 cents to $2.40 a gallon. June natural gas rose 22 cents to $2.59 per 1,000 cubic feet.
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