Saturday, September 13, 2025
Exxon Mobil replaced by a software stock after 92 years in the Dow is a ‘sign of the times’- oil and gas 360

Exxon Mobil replaced by a software stock after 92 years in the Dow is a ‘sign of the times’

CNBC Exxon Mobil’s been in the Dow in some form since 1928, but its tenure as the longest-serving component is coming to an end. On Monday, S&P Dow Jones Indices announced the largest changes to the 30-stock benchmark in seven years. Along with Exxon, which is being replaced by Salesforce, Pfizer and Raytheon Technologies are being removed in favor of Amgen and Honeywell International. Exxon’s removal is a “sign of the times,”

Oil prices rise on storm-driven output cuts, COVID-19 weighs- oil and gas 360

Oil prices rise on storm-driven output cuts, COVID-19 weighs

Reuters LONDON – Crude oil prices rose on Tuesday, supported by production cuts in the U.S. Gulf Coast as Tropical Storm Laura was forecast to become a major hurricane, while rising coronavirus cases in Asia and Europe capped gains. However, the risk of a major double hit has lessened. Storm Laura has developed into a hurricane but storm Marco has

Recent legislation would reduce the U.S. Strategic Petroleum Reserve- oil and gas 360

EIA’s mapping system and data series show energy infrastructure near hurricanes, wildfires

EIA Tropical Storms Marco and Laura are in or approaching the U.S. Gulf Coast region, home to key U.S. energy infrastructure, and several wildfires are affecting large areas of California and Colorado. Both the storms and fires could affect local energy supply and demand, especially for transportation fuels and electricity. The U.S. Energy Information Administration’s (EIA) Energy Disruptions map shows storm and