ADVFN - Advanced Financial Network.
HOME» NYSE » E » XOM Stock Price » XOM Stock News

Exxon Mobil Share News

 Exxon Mobil Corp. Stock Price
XOM Stock Price
 Exxon Mobil Corp. Stock Chart
XOM Stock Chart
 Exxon Mobil Corp. Stock News
XOM Stock News
 Exxon Mobil Corp. Company Information
XOM Company Information
 Exxon Mobil Corp. Stock Trades
XOM Stock Trades

North Sea Crude Loadings to Drop During May Maintenance

By Cassie Werber LONDON--The amount of crude oil due to be pumped from fields in the North Sea is set to fall nearly 15% in May compared to the previous month, as maintenance season takes large swathes of production out of the market. The Oseberg field will load only two cargoes this month, according to provisional loading programs seen by The Wall Street Journal, compared with six last month. "I think it's just normal field maintenance [and] I would say it was planned. Whether or not the market knew about it until very recently is another matter," said Steve Sawyer, an oil consultant at FACTS Global Energy. The total number of barrels to be loaded in May will be 24 million, down 14.9% from 28.2 million the month before. A North Sea oil trader said that the "large maintenance" was likely priced in, and that the Oseberg field is undergoing maintenance between the April 25 and May 15. The loadings of the other three grades that make up the BFOE basket of crudes used to create the Brent benchmark were similar to the previous month. Loading programs are released and circulated among oil traders and brokers, but don't give a perfect indication of oil volume because they can be subject to change. Brent crude is of international importance because it remains one of the most liquid markets and influences oil prices across the globe. North Sea loading programs: April 2014 May 2014 (barrels) Volume (B/D) (barrels) Volume (B/D) Brent 3,600,000 120,000 3,600,000 116,129 Forties 11,400,000 380,000 10,200,000 329,032 Oseberg 3,000,000 100,000 1,200,000 38,710 Ekofisk 10,200,000 340,000 9,000,000 290,323 Total BFOE 28,200,000 940,000 24,000,000 774,194 Write to Cassie Werber at cassie.werber@wsj.com

Stock News for Exxon Mobil (XOM)
DateTimeHeadline
06/23/201614:20:00U.S. Oil Output to Get Boost From Gulf
06/21/201610:07:00MARKET SNAPSHOT: U.S. Stocks Step Higher As Markets Await Yellen...
06/20/201615:42:00Crane Collapse at Exxon's Torrance Refinery Injures Three
06/16/201616:33:46Annual Report of Employee Stock Plans (11-k)
06/16/201608:30:00Exxon Evacuates Workers Amid California Wildfire
06/16/201608:21:00Exxon Evacuates Workers Amid California Wildfire
06/16/201603:03:00Exxon Seeks to Block State's Order for Files -- WSJ
06/15/201619:01:00Exxon Seeking Injunction Against Climate-Change Investigation
06/15/201617:01:00Exxon's Beaumont Refinery Gets All-Clear After Bomb Threat
06/15/201616:20:00Exxon Seeking Injunction Against Climate-Change Investigation
06/15/201616:11:00Exxon Seeking Injunction Against Climate-Change Investigation
06/15/201614:51:00Exxon Says Bomb Threat Received at Refinery in Beaumont, Texas
06/15/201610:48:18Statement of Changes in Beneficial Ownership (4)
06/14/201615:18:19Statement of Changes in Beneficial Ownership (4)
06/10/201605:47:00Statoil Lowers Expectations off Newfoundland
06/08/201617:19:08Statement of Changes in Beneficial Ownership (4)
06/07/201615:41:39Statement of Changes in Beneficial Ownership (4)
06/06/201606:30:00Oil Markets Open Up as Global Outages Curb Supply
06/03/201604:29:00Statoil Tightens Grip on Utgard Field in North Sea
06/02/201621:20:00Aetna Sells $13 Billion of Bonds to Back Humana Purchase

Exxon Mobil and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad