Straits Times Index
3,264.53 -35.51 (-1.08%) S&P 500
5,187.67 -0.03 (-0.00%) Dow
39,056.39 +172.13 (+0.44%) Nasdaq
16,302.76 -29.80 (-0.18%) Bitcoin USD
61,173.54 -1,243.82 (-1.99%) CMC Crypto 200
1,303.21 +8.54 (+0.66%)
XOM Jun 2024 45.000 call
| Previous close | 58.25 |
| Open | 58.25 |
| Bid | 64.00 |
| Ask | 66.25 |
| Strike | 45.00 |
| Expiry date | 2024-06-21 |
| Day's range | 58.25 - 58.25 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
ETFs: Energy to become mega theme on rising US grid demands
As the world moves towards renewable energy, simultaneously making massive investments in AI infrastructure which demands a gargantuan amount of power to run, certain investment opportunities should be on the radar for investors for the long term. TCW Senior Portfolio Manager Eli Horton joins Wealth! to give insight into why power and energy ETFs may be a smart play for investor portfolios. "We are really starting to see the beginning of what we consider a mega theme or a transformative investment opportunity in the transformation of our energy system. If you think about it, we are in the very early innings of migrating from using all fossil fuels to 100% renewable power generation, and we are only about 15% of the way there," Horton cements how much of an opportunity these ETFs may be for investors. "There's been a lot of lofty targets that we'll make it by 2050 to a net zero state: We won't. This is a very complex challenge. The world's investing $5 to 6 trillion per year to solve this problem." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
- Reuters
UPDATE 3-Exxon Mobil's Liza Unity FPSO in Guyana hit peak output of 252,000 bpd, executive says
An Exxon Mobil led oil consortium has achieved peak production of 252,000 barrels per day from its Liza Unity production vessel, Exxon Guyana Country Manager Alistair Routledge said on Wednesday. The consortium, which includes Exxon, Hess and CNOOC , expects to inaugurate output next year using its newest vessel, called One Guyana, Routledge said in remarks at the Offshore Technology Conference in Houston.
ZacksHere's Why You Should Watch Enbridge (ENB) Ahead of Q1 Earnings
Despite having a stable business model, Enbridge is not cheap now on a relative basis. Hence, it's advisable for investors to be cautious prior to the company's Q1 earnings announcement.
