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• ☕️What Else is Brewing Friday Morning
  Exxon Mobil CEO Darren Woods took home 52% more pay last year when oil prices surged and the company...
  Exxon Mobil CEO Darren Woods took home 52% more pay last year when oil prices surged and the company posted record annual profits.
  
  An explosion at a Texas dairy farm killed an estimated 18,000 cattle earlier this week. That would be “by far” the deadliest barn fire involving cattle since record-keeping began in 2013, the Animal Welfare Institute said.
  
  The WTA will resume holding tournaments in China, ending its boycott that was sparked by concerns over the well-being of Chinese player Peng Shuai.
  
  Premier League teams agreed to ban gambling companies from sponsoring the front of their shirts on match days by the end of the 2025–2026 season.
  
  Artificial intelligence sharpened up the first image of a black hole ever taken.
  
  
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• Closing Oil & Gas Prices for Thursday
  Benchmark U.S....

  Benchmark U.S. crude oil for May delivery fell $1.10 to $82.16 a barrel Thursday. Brent crude for June delivery fell $1.24 to $86.09 a barrel.

  
  

  Wholesale gasoline for May delivery fell 4 cents to $2.83 a gallon. May heating oil fell 3 cents to $2.67 a gallon. May natural gas fell 8 cents to $2.01 per 1,000 cubic feet

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• S&P 500, Dow book highest close in 2 months on more signs of cooling inflation and ahead of bank earnings
  U.S. stocks finished sharply higher on Thursday, led by technology stocks, as traders parsed another...
  U.S. stocks finished sharply higher on Thursday, led by technology stocks, as traders parsed another batch of inflation data showing pressures easing in March, while the first reports from what’s expected to be a gloomy first-quarter earnings season arrived, with several marquee releases due on Friday morning.
  
  The S&P 500 and the Dow Jones Industrial Average booked their highest close since mid-February, according to Dow Jones Market Data.
  

  
  
  Dow Jones Industrial Average DJIA, +1.14% rose 383.19 points, or 1.1%, to finish at 34,029.69.
  
  S&P 500 SPX, +1.33% gained 54.27 points, or 1.3%, to end at 4,146.22.
  
  Nasdaq Composite COMP, 1.99% increased 236.93 points, or 2%, ending at 12,166.27.
  
  
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• Haynesville drilling activity slows amid low gas prices
  The Haynesville Shale's natural gas production boom is showing signs of slowing as rig activity declines...
  The Haynesville Shale's natural gas production boom is showing signs of slowing as rig activity declines along with gas prices. Haynesville gas production hit a record 16.2 Bcf/d earlier this month, but a weaker price environment coupled with high gas storage levels and elevated drilling costs could take some steam out of the drilling upswing that began in late 2021.
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• Occidental's road to net zero is paved with captured CO2
  Occidental Petroleum is investing more than $1 billion in the first of up to 135 direct-air capture plants...
  Occidental Petroleum is investing more than $1 billion in the first of up to 135 direct-air capture plants it's planning to build by 2035, in a bid to achieve net-zero emissions by 2050 while maintaining its oil extraction business. The technology is still in its infancy, but the company aims to take advantage of Inflation Reduction Act tax incentives and make a profit by selling CO2 removal credits, developing CO2-derived products such as synthetic jet fuel and using captured CO2 in enhanced oil recovery to produce net-zero oil.
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