tropical storms

Exxon Mobil Corporation (NYSE:XOM) plans to cut production at its Baton Rouge, Louisiana refinery to as low as 20% of its 522,500 barrel-per-day capacity by Wednesday, as Hurricane Francine is forecasted to pass just east of the facility. On Tuesday night, Francine intensified into a hurricane,...

2024’s sure-to-be-harsh storm season is underway. Tropical Storm Debby is making its way up the East Coast. Populated cities such as Baltimore, Washington D.C. and New York City are at risk of floods. The Forecast: The National Oceanic and Atmospheric Administration issued an update for Storm...

As Tropical Storm Debby clears Florida and makes a turn for the rest of the Eastern Seaboard, all signs point to the remainder of 2024’s storm season being particularly dangerous. The Latest On Debby: Tropical Storm Debby is nearing landfall in South Carolina, according to the National...

Two years ago, Puerto Rico received its hardest hit from Hurricane Maria that left 3,000 people dead. On Wednesday, CNN reported Tropical Storm Dorian is set to hit Puerto Rico with heavy rains, potential floods and landslides. This storm is traveling in a similar path as the Hurricane Maria...

Even as Texas reels under the impact of Harvey and the markets mull over the ramification of the catastrophe on the local and national economy, news of soaring gasoline prices, which rose to a two-year high, set alarm bells ringing. RBOB, or reformulated blend stock for oxygenated blending,...

If investors have heard one thing about the energy sector this year, it is about how poorly the group is performing. Simply put, energy is the worst-performing sector in the S&P 500 in 2017. The Energy Select Sector SPDR (NYSE: XLE), the largest energy exchange traded fund by assets, is down 16...