Previous Close | 0.9100 |
Open | 0.7900 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 180.00 |
Expire Date | 2024-06-21 |
Day's Range | 0.6200 - 0.9100 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Chevron and ExxonMobil are expected to report a year-over-year decline in earnings per share.
(Bloomberg) -- Oil headed for a weekly gain ahead of US inflation data that may give further clues on the path forward for monetary policy, shaping appetite for risk assets including commodities such as crude.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig
Both companies are growing their oil production, and both have become more efficient at turning that oil into cash. Exxon’s dividend yield is 3.1% and Chevron’s is 3.9%. The uptick in oil may not be reflected in Exxon and Chevron earnings, however, because it didn’t happen until the end of the first quarter.