The global financial markets are like a machine, and each asset class acts as a cog that twists and turns each cycle. Today, there are a few key trends that investors should be aware of before the quarter ends to help them consider the best themes for growing their wealth.
An Exxon Mobil arbitration case that could block the sale of one of its Guyana partners, Hess Corp, to Chevron could drag on until year-end, Hess said in a U.S. securities filing on Friday.
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Hess Corp (NYSE:HES) are now moving forward with the next leg of its giant oilfield development offshore Guyana. The Whiptail project, which today received approval from the Guyana government, promises to unlock another 250,000 barrels of oil per day by the end of 2027.
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