Wednesday , 17 December 2025

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Clues on trade policy to top of mind for stock investors

Bloomberg Clues on trade policy are likely to be top of mind for stocks investors watching President Donald Trump’s State of the Union speech on Tuesday. Trade remarks may influence equity sectors from footwear to auto parts and pharma stocks may be volatile if the president zeros in on drug costs reforms, while financials and housing are likely to be …

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Exxon, Chevron wow Wall Street with Permian-fuelled oil gains

Bloomberg Soaring production in North America’s most prolific oil field helped propel Exxon Mobil Corp. and Chevron Corp. to bigger-than-expected fourth-quarter profits. Chevron surprised analysts and investors with a $25-billion stock buyback pledge and shares for both explorers were among the day’s best-performing energy stocks. Exxon surpassed analysts’ forecasts by almost one-third with the biggest refining bonanza in six years …

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Gulf of Mexico turns parking lot for Venezuela oil

Bloomberg The Gulf of Mexico is turning into a parking lot for Venezuelan crude, as the US sanctions on Petroleos de Venezuela SA essentially stop the flow of oil from the Latin America country. Tankers holding about 6 million barrels of Venezuelan oil are floating in the US Gulf Coast or heading there, according to data from cargo-tracking and intelligence …

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