The energy sector (XLE) is underperforming in Friday's trading session, following disappointing results from industry leaders Exxon Mobil (XOM) and Chevron (...
). S&P Global Vice Chairman Daniel Yergin joined Yahoo Finance to discuss the geopolitical risks looming over the oil market .
"In terms of the oil industry, they're commercial animals," Yergin tells Yahoo Finance, adding,"Their incentive is to produce as much as they can." However, he cautions that concerns about future production softening persist within the industry.Secret Service says agent on Harris’ detail was removed from assignment after distressing behavior
Fact Check: Video Supposedly Shows Biden Trying to Shake Hands with a 'Ghost' on Stage. Here's the Truth -- Four months into office, Argentine President Javier Milei has pulled off a critical feat in a country long ravaged by runaway inflation: He stabilized the currency.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No.
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