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LATEST OIL HEADLINES
OIL & GAS STOCKS TO WATCH
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Saudi Arabia Plans to Invest $110 Billion in Jafurah Gas Field
Saudi Arabia plans to invest 412 billion riyals ($110 billion) to develop unconventional natural gas reserves in the eastern Jafurah field, according to the kingdom’s official Saudi Press Agency.
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Iran’s Hardliners Make Gains, Nevada’s Turn: Weekend Reads
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The Virus Is Interrupting Supply Chains From Watches to Lobsters
Chaos reigns from the high seas to the factory floor after key manufacturers in China shut down or ships are held in port.
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Chevron’s Future Growth Prospects Dwindle With Reserves Decline
Chevron Corp.’s future growth prospects may be dimming after the oil explorer pumped more crude than it discovered or bought last year, eroding its portfolio of untapped fields.
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Dumb Money Beats Smart Picking Big Winners in Stocks This Year
Looking for the smart money in equities these days? Try taking a peek at your next-door neighbor’s portfolio.
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Fed Hopeful on Virus Impact Amid Worry It’s Unprepared for Worst
Federal Reserve policy makers sound cautiously confident they’ve got interest rates about right as they assess the fallout from the spreading coronavirus.
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U.S. Soybean Stockpiles Set to Drop to Trade War Low
Donald Trump’s trade truce with China is expected to push American soybean stockpiles to the lowest since the trade war began.
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France Closing Its Oldest Nuclear Plant Spurs Debate on Energy
Scaling back units that provide a steady electricity is likely to boost reliance on polluting fossil fuels.
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The Gas Station M&A Frenzy Looks Like a Bubble
These deals would make good sense, if fuel retail weren’t on the verge of a major structural revolution.
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Berkshire Hathaway’s Railroad Says Annual Profit Up in Sneak Preview
On the eve of Warren Buffett’s annual letter, Berkshire Hathaway Inc.’s railroad gave investors a sneak preview of what’s to come, noting in a regulatory filing that the unit’s profit increased 5% last year.