Previous close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 1.5000 |
Strike | 160.00 |
Expiry date | 2024-06-21 |
Day's range | 0.0100 - 0.0100 |
Contract range | N/A |
Volume | |
Open interest | 118 |
Favorable oil price is aiding ConocoPhillips' (COP) bottom line. However, increasing production and operating expenses are hurting it.
The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated cuts.
Big Oil companies like ExxonMobil, Chevron and ConocoPhillips are using mergers and acquisitions to consolidate their future in a volatile and evolving market.