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Tesla Loses Most-Crowded Short Stock Crown To This Oil Giant
Electric vehicle leader Tesla Inc (NASDAQ:TSLA) has been a popular stock to short by investors in recent months.The stock remains one of the most crowded shorts according to a new report, but lost its
Exxon Accuses Glass Lewis Of Conflict Of Interest In Proxy
Exxon Accuses Glass Lewis Of Conflict Of Interest In Proxy
Big Oil, Big Bet: Indonesia's Pertamina & Exxon Aim For Gigatonne CO2 Grab
Exxon Mobil Corporation (NYSE:XOM) and state energy firm Pertamina reportedly plan to perform appraisal drilling for a carbon capture and storage (CCS) hub in Indonesia.The companies partnered for pre
EIA crude oil inventories fell beyond expectations! Decreased by 2.508 million barrels month-on-month
According to the EIA report, for the week ending May 10, US commercial crude oil inventories excluding strategic reserves fell by 2.508 million barrels to 457 million barrels, a decrease of 0.55%, which was higher than market expectations.
(VLO) - Analyzing Valero Energy's Short Interest
Valero Energy's (NYSE:VLO) short percent of float has risen 6.89% since its last report. The company recently reported that it has 11.61 million shares sold short, which is 3.57% of all regular shares
Energy consulting firm Rystad Energy: Gasoline demand will reach a new high since 2019 this summer
Energy consulting firm Rystad Energy said that despite recent signs of market weakness, global demand for gasoline will remain strong this summer, and consumption is expected to reach the highest level before the pandemic.