EXXON MOBIL CORP.
Commented by Stefan Feulner on September 19th, 2023 | 09:00 CEST
ExxonMobil, First Phosphate, Shell - The fight against black gold
In order to combat climate change, politicians and industry are focusing on moving away from coal, oil and gas as quickly as possible. Burning fossil fuels, whether for electricity or in car engines, releases enormous amounts of greenhouse gas and is the primary driver of global warming. But the reality is different. Oil prices continue to rise, and multinationals are reaping record profits. Now, however, a lawsuit from the US could reverse the trend.
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Commented by Stefan Feulner on April 13th, 2023 | 22:22 CEST
Oil more expensive after OPEC shock - Exxon Mobil, Saturn Oil + Gas, Deutsche Rohstoff AG
Supply is getting tighter, and prices are rising significantly. By cutting oil production quotas, the eight producer countries of OPEC+ ended the correction in the oil market that had been going on since July last year. This is bad news for motorists in Germany because the days of "cheap" petrol and diesel below EUR 2.00 will soon be a thing of the past. In addition to the producing countries, it is mainly producers from the western regions that are benefiting.
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Commented by Stefan Feulner on August 1st, 2022 | 10:13 CEST
Oil at the beginning of a supercycle - ExxonMobil, Saturn Oil+Gas, Chevron
The electricity of the future will be generated solely by wind and sun, and what's more, only battery-powered electric cars will flood the highways. The fossil fuel age has finally had its day and is being replaced by renewable energies. These words could have come both from the Green party program and from a Grimm Brothers' book of fairy tales because the reality looks different. Fossil fuels still dominate the global energy mix with around 80%, while photovoltaic and wind power plants continue to fail the 5% hurdle. Thus, humanity is at the beginning rather than the end of a new oil supercycle.
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Commented by Stefan Feulner on February 2nd, 2021 | 10:30 CET
Nikola, Saturn Oil & Gas, Exxon Mobil - Caution, risk of explosion!
Stocks can rise for a variety of reasons. As we saw last week, a group of primarily younger investment community members can sometimes shoot up a company's value several hundred percent, as was seen in GameStop. There are of course other reasons that are understandable and justified on a fundamental level. In contrast to the "Reddit shares," the newly achieved price level should be maintained here.
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Commented by André Will-Laudien on January 26th, 2021 | 14:27 CET
Saturn Oil & Gas, Exxon Mobil, Nokia: A world without oil is still a long way off!
Many wish for a world without pandemics, without diesel on the roads, and ultimately without oil. However, a wonderful green picture exists only in the heads of ecological idealists, who forget everyday life and its many consumer products. Oil has been a raw material of many basic chemical industries for more than 200 years, far away from the primary petrochemical industry. Today, only 46% of the crude oil extracted goes into fuel production. In comparison, 54% is used in medicine, the cosmetics industry, in the manufacture of plastics and rubber substitutes, cleaning agents, or simply as a tar product in road construction. Therefore, it already needs a broad discussion on how to recreate standard processes and products that have always required crude oil's consistency and viscosity.
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Commented by Nico Popp on January 19th, 2021 | 09:01 CET
Gazprom, Saturn Oil & Gas, Exxon Mobil: The cards are being reshuffled in the oil sector
The oil price reflects the state of the real economy. After the first Corona lockdowns last spring caused the prices to plummet - ultimately bringing economic activity to a complete standstill - oil has now stabilized significantly. Since the beginning of November, Brent crude has gained around 50%. In the wake of the futures exchanges, the shares of production companies have also performed well. But here, too, there is light and shade - we look at three stocks between dull and highly speculative.
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Commented by Mario Hose on May 6th, 2020 | 05:57 CEST
BP, Exxon, Shell, Saturn Oil & Gas - Crude oil up to USD 100 in May?
In recent weeks, even experienced investors have learned a lot about the oil market. When the price of WTI slipped into the red in April 2020, this was a first in the history of black gold. On the one hand, the oversupply of producers put pressure on prices, but speculators also caused the distortions. It was a dangerous mixture on the expiry date of the May contracts. In two weeks' time, the June contracts expire and the price development is eagerly awaited, but this time it can also go the other way.
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Commented by Mario Hose on April 27th, 2020 | 07:30 CEST
BP, Exxon, Saturn Oil & Gas - North America and EU ready for oil deal?
Something is brewing in North America, because nothing less than social and economic independence is at stake. COVID 19 has shown that dependencies in the supply chain pose great dangers. On the one hand, modern society had to learn how difficult it is to obtain masks and, on the other hand, Saudi Arabia ruined the price stability of crude oil by increasing its production volume. An act that deliberately came at an inopportune moment, because with the measures to stem the spread of the corona virus, the demand for the black gold had already fallen by over 20%. The price level of recent weeks at USD 20 per barrel for WTI will drive a large part of the US oil industry into ruin and increase dependence on the OPEC states.
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