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The three-person arbitration team for Exxon-Hess is about to be established, and the key obstacle to Chevron's acquisition of Hess has been eliminated.
According to reports, the final members of the three-person arbitration panel for ExxonMobil-Hess have been selected, which will clear a key obstacle for the long-delayed merger process between Chevron and Hess (HES.US).
Exxon-Hess Arbitration Panel Nears Formation - Reuters
Exxon Mobil Options Spot-On: On July 2nd, 56,652 Contracts Were Traded, With 996.21K Open Interest
On July 2nd ET, $Exxon Mobil(XOM.US)$ had active options trading, with a total trading volume of 56,652 options for the day, of which put options accounted for 28.11% of the total transactions, and ca
Sector Update: Energy Stocks Decline Tuesday Afternoon
Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index decreasing 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.6%. The Philadelphia Oil Service Sector index was post
Analysts Expect 30 Billion-Cubic-Foot Rise in U.S. Natural Gas Inventories
Natural gas inventories likely rose at a slower-than-usual pace last week as hot weather in large parts of the U.S. drove a double-digit increase in power-sector demand, shrinking the U.S. surplus of the fuel.
Sector Update: Energy
Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index decreasing 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.6%. The Philadelphia Oil Service Sector index was post
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