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Energy, Oil, Financing, Banks, Wall Street, Lending, Fossil Fuel

Energy, Oil, Financing, Banks, Wall Street, Lending, Fossil Fuel

Energy Lending Shrinks as Upstream Spending Declines

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

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ChatGPT used to feel slow but accurate. Now, it seems fast and inaccurate.
The AI community is whispering (slash, complaining) about what some believe was the result of OpenAI’s...
The AI community is whispering (slash, complaining) about what some believe was the result of OpenAI’s radical redesign of GPT-4. Critics are calling it “lazier” and “dumber” compared with its previous capabilities.
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Closing Oil & Gas Prices
Benchmark U.S. crude oil for August delivery...
Benchmark U.S. crude oil for August delivery rose 92 cents to $75.75 a barrel Wednesday. Brent crude for September delivery rose 71 cents to $80.11 a barrel.

Wholesale gasoline for August delivery rose 5 cents $2.67 a gallon. August heating oil rose 2 cents to $2.60 a gallon. August natural gas fell 10 cents to $2.63 per 1,000 cubic feet.

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Pioneer Natural Resources Co. stock outperforms market on strong trading day
Shares of Pioneer Natural Resources Co. ...
Shares of Pioneer Natural Resources Co. PXD, +1.17% advanced 1.17% to $215.92 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.74% rising 0.74% to 4,472.16 and the Dow Jones Industrial Average DJIA, +0.25% rising 0.25% to 34,347.43.

This was the stock's second consecutive day of gains.

Pioneer Natural Resources Co. closed $58.78 below its 52-week high ($274.70), which the company reached on October 28th.

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S&P 500, Nasdaq close at highest in 15 months
U.S. stocks rose on Wednesday with the S&P 500 and Nasdaq...
U.S. stocks rose on Wednesday with the S&P 500 and Nasdaq Composite closing at their highest levels in 15 months, after data showed the rate of inflation in June slowed to the lowest level since early 2021, fueling hopes that the Federal Reserve may be close to being done with its interest-rate hikes, while the Fed’s Beige Book said the U.S. economic activity increased slightly since late May.

The Dow Jones Industrial Average DJIA gained 86.01 points, or 0.3%, to end at 34,347.43

The S&P 500 SPX added 32.90 points, or 0.7%, to finish at 4,472.16, its highest closing level since April 8, 2022.

The Nasdaq Composite COMP rose 158.26 points, or 1.2%, ending at 13,918.96, the highest closing value since April 5, 2022, according to Dow Jones Market Data.
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Halliburton lab underscores Permian Basin presence
Energy services firm Halliburton has underlined...
Energy services firm Halliburton has underlined its commitment to the Permian Basin with the launch of a new Multi-Chem regional laboratory in the city of Odessa, Texas. The firm said the state-of-the-art facility is ideally located to offer its clients fast sample analysis for both regulatory compliance and operational efficiency.
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