Texas Yale Capital Corp. increased its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 35.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
Crude oil prices were on course for another weekly decline today as worries about a supply overhang deepened amid reports of record crude oil volumes going into floating storage and despite the first signs of disruption in outbound Russian oil flows following the latest U.S. sanction push. Brent crude was trading at $63.69 per barrel and WTI was changing hands for $59.73 per barrel.
Curious Minds Corner
What unofficial title is given to a company’s representative at a drilling site?
The “Company Man” (not always a man; often a contractor)