Oil

Energy producers have taken a hit from a 25 percent slide in crude prices since January

Oil prices have plunged into a bear market following the coronavirus outbreak.

Some environmental advocates see Exxon's move as a rebuke of President Donald Trump's Environmental Protection Agency.

Chevron Corp said on Tuesday it could return as much as $80 billion to shareholders over five years even if oil prices remained low.

Wells Fargo & Co. became the third major U.S. bank to announce it will not support financing for oil and gas projects in the Arctic.

The No. 2 U.S. oil producer decided to reduce staff after reviewing operations late last year as energy prices fell.

The Texas Democratic Party says the ideals behind the Green New Deal are generally supported by Texans, but the way the legislation has been marketed has been misleading to voters.

U.S. crude and Brent each gaining 3 percent on Monday

OPEC could agree on deeper oil supply cuts this week, with or without Russia's support, to halt the slide in crude prices triggered by the global spread of the coronavirus, said two sources familiar with the talks.

Oil has plunged nearly 30 percent this year driving energy stocks into a bear market.

The coronavirus is indirectly slamming the big intergrated oil companies.