Last week the Big Oil companies weighed in with their earnings reports, and it was mostly a pretty sorry assembly.
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Oil giants Chevron and BP made moves to refine their business, drilling down on core segments that crude demand assures will be worth it.
On Monday, BP announced it will put its US onshore wind power business, estimated to be worth about $2 billion, on the market.
ExxonMobil forecast that oil demand will remain above 100 million barrels per day in 2050, roughly the same as current levels.
Blue Origin is going slower than SpaceX, but it also nailed a massive rocket launch on the first try. Jeff Bezos is back in the space race.
The listing marks a potentially triumphant comeback story and an insult of sorts to the embattled London stock exchange.
With the way things are going today, it’s becoming increasingly hard to figure out what’s going on with the oil market.