Bloomberg A former Royal Dutch Shell Plc natural gas trader in Houston pleaded guilty to a criminal charge related to his role in an illegal scheme that started in 2013 in which he sought to profit by using non-public information obtained from the company. Marcus Schultz disclosed the information to other traders and brokers in a conspiracy to profit from ...

Bloomberg Exxon Mobil Corp was expected to announce board changes, and talks were continuing with investor DE Shaw & Co that might lead to additional director nominations in the weeks ahead, according to people familiar with the matter. DE Shaw met with representatives from the oil giant and presented a list of potential directors, the people said, asking not to ...

Bloomberg China’s crude stockpiles fell to the lowest level in almost a year amid a global drawdown in inventories that’s being driven by a tighter supply-demand balance and higher costs to hoard oil. Inventories capped a seventh weekly decline last week, dropping to 990 million barrels, according to market intelligence firm Kayrros. While that’s the least since February 2020, stockpiles ...