Oil prices climb as traders look ahead to OPEC+ decision on production cuts 

Oil futures climb on Tuesday, with traders looking for OPEC+ to roll over voluntary production cuts into the third quarter when they meet next weekend.

Saudi Arabia to Raise $10 Billion to $20 Billion in Fresh Aramco Stock Sale 

The long-awaited offering, if it proceeds, would alleviate near-term pressure on the kingdom to raise funds.

Energy Capital Partners Raises $6.7 Billion to Pursue Power Companies 

The energy-infrastructure investor has wrapped up its fifth flagship fund and parallel co-investment vehicles.

An Oil-Patch Brawl Over a $53 Billion Megadeal Entwines the Legacies of Three CEOs 

The leaders of Exxon Mobil, Chevron and Hess are duking it out over a generational oil discovery in Guyana.

Inside the Rockefeller Clan's Intensifying Feud With Exxon 

They have suffered reversals in their efforts to hold the energy giant to account for climate change, but the family that owes its fortune to oil isn't backing down.

Norway's Oil Fund to Vote Against Exxon Mobil Amid Shareholder Rights Concern 

Norges Bank Investment Management has joined a growing list of shareholders to air their concerns over a lawsuit filed by Exxon Mobil against two sustainability investor groups.

Wood Rejects Improved $1.9 Billion Bid from Sidara 

Wood Group said the offer of 220 pence a share significantly undervalues the company and its growth prospects.

Prices at the Pump Are Dropping Just in Time for Memorial Day Weekend 

Preholiday costs are about 5% below their inflation-adjusted average since 2000.

NOAA Predicts the Most Hurricanes It Has Ever Forecast 

This season will see between 17 and 25 named storms with winds of 39 miles an hour or higher.

U.K. Utilities' Shares Fall on Election News 

Shares across the U.K. utility sector are tumbling on U.K. snap election news and National Grid's surprise, heavily discounted rights issue to fund its new investment plan.

(END) Dow Jones Newswires

05-28-24 1115ET