and the way to do that is exxon/mobile is like selling an iron condoor. we do that in november by selling at 80 strike put and a 95 strike call. and limiting the risk by buying a 75 strike foot and a hundred strike call. one way to look at it is we're selling a strangle and we're limit being the risk business buying a wider strangle. i collected it at 2.15. that is the max potential profit. and my max loss is $2.85 that only happens with exxon/mobile below 1175 or above 100. that would require 14% or a rally of over 14%. and the max profit that we're going to realize between $80 and $95 at that expiration. we're going to see energy prices and names go sideways for a while. >> what do they he will you about exxon or the sector? >> importantly a very bad week with the utilities and everything else getting hurt. guess what else besides biotech was up on a lead? energy, quite nicely. the oil services, nicely. oxy, i like it. i like energy. >> mike, do you like the trade? >> look. we have been helping to depress the oil prices recently by coming out of the fdr

exxon mobil is going to go sideways for a while. we're using options. we can take advantage of that, and the way to do it in exxon mobil is by selling an iron condor let's not get too flummoxed by the terminology. we do that in november by selling a 75 strike put and a 95 strike call and limiting our risk one way to look at it is we're selling a strangle and limiting the risk by buying a wider strangle when i put this on today i collected a net of $2.15 that is my max potential profit. my max potential loss is $2.85, but that only happens with exxon mobil below 75 at the november expiration or above 100. and so that would require a break of either 14% or a rally just over 14%, and the max profit we're going to realize between 80s dollar and $95 at that expiration. again, i think we're going to see energy prices and energy names go sideways for a while. and we get to take advantage of that while defining our risk >> carter, what do the charts tell you about exxon or the sector >> importantly, in a very bad week, again, with utilities

in the last couple of months, energy giants like to title and exxon mobil have made huge profit from the high gas price. the same time, keep in france a suffering from rising inflation and the cost of living. people here argue they deserve a fair sal the cake. exxon mobil has up at the 6.5 percent increase in salary for next year, which was accepted by several other walkers unions. but the c t union continues to refuse. instead, they want to take legal action to be allowed to continue their strike gonzales. and that is a dish, the national federation of chemical industries, vo, fight this decision in full file, an emergency legal proceeding to morrow morning. to denounce this illegal requisition fully. not really good for the workers here. one thing is clear, they will continue their strike until their demands are met and no government order will force them to do it any earlier. well, a lot of french citizens are fed up with the deadlock street protests to plant for sunday. and royal strike has been cold next week. no longer but you to which the catastrophe really a catastrophe and i

but show exxon mobil and others have announced much of the bonanza will go to shareholders with exxon mobil . c o. saying friday, there has been discussion in the us about our industry returning some of our profits directly to the american people. that's exactly what we're doing in the form of our quarterly dividend immediately after the announcement bite and tweeted, can't believe i have to say this, but getting profit to shareholders is not the same as bringing prices down for american families. and more pain is expected in november when the global oil supply will lose 2000000 barrels a day. thanks to cuts from opec plus the average price for a gallon of gas in the us is now $3.76. that is down from its peak, but still high for the average american. and that has a white house worried. i believe it on for management and outlook generally by our government and by we're managing the economy with the u. s. mid term elections just days away. democrats fear high gas prices will cost the party it's control of congress biden has vowed consequences for saudi arabia for going through with the

that was exxon mobiles profit. last quarter, nearly tripling over a year. u. s. competitor chevron and europe shell until tell energies also reported bumper earnings as russia's war and ukraine continues to push up energy prices and winter demand source. the price of crude oil has gone sharply higher. the price of natural gas has gone sharply higher. and the economics of refining crude oil into products like gasoline, diesel fuel, has also improved dramatically. us president joe biden has been pressuring energy companies to use their earnings to expand production, but show exxon mobil and others have announced much of the bonanza will go to shareholders with exxon mobil. c o saying friday, there has been discussion in the us about our industry returning some of our profits directly to the american people. that's exactly what we're doing in the form of our quarterly dividend immediately after the announcement bite and tweeted, can't believe i have to say this, but getting profit to shareholders is not the same as bringing prices down for american families. and

these workers have been on strike against exxon mobil. perfect, really good members of the french trade union, cg t as seeking a substantial pay rise and the share of oil thumbs, huge profits, but nor agreement with bosses in site. the french government wants to force them back to work, but the strikers have voted to continue their fight. what was the peddler job? is there a camel? we find the government's decision very damaging. it is clearly an attack on our right to strike. and is an attack on our freedom that instead of asking the french all companies to come back to the negotiation table, they've chosen to show their power by requisitioning the employees who are on strike to return to work with ha, or like is issue. the government's decision comes after mess of supply shortages of petrol and gas than he petrol stations in the country have had to close temporarily in all over one thought a struggling to open that pumps. let back to the circle for the impact of the social conflict has become unbearable for too many french people. peopl

the cape exxon mobil has up at a 6.5 percent increase in salary for next year, which was accepted by several other workers unions. but the c t union continues to refuse. instead, they want to take legal action to be allowed to continue their strike. i forgot to listen to the dish. the national federation of chemical industries will fight this decision in full file, an emergency legal proceeding to morrow morning to denounce this illegal requisition fully. not really good for the workers here. one thing is clear, they will continue their strike until their demands are met and no government order will force them to do it any earlier. well, a lot of french citizens are fed up with the deadlock street protests. the plan for sunday and a rail strike has been cold next week. no long. but you to it's the catastrophe, really a catastrophe. and it's becoming a real problem for i would want to call to know who knows when all this will end, i guess we will just have to suffer in silence form, but all bushels so, so i think it's a shame that we're the ones who have to suffer oh, what if i lose m

but show exxon mobil and others have announced much of the bonanza will go to shareholders with exxon mobil . c o. saying friday, there has been discussion in the us about our industry returning some of our profits directly to the american people. that's exactly what we're doing in the form of our quarterly dividend immediately after the announcement bite and tweeted, can't believe i have to say this, but giving profits to shareholders is not the same as bringing prices down for american families. and more pain is expected in november when the global oil supply will lose 2000000 barrels a day. thanks to cuts from opec plus the average price for a gallon of gas in the us is now $3.76. that is down from its peak, but still high for the average american. and that has a white house worried. i believe it on for management and outlook of generally by our governments. and by were management of economy with the u. s. mid term elections just days away, democrats fear high gas prices will cost the party it's control of congress. biden has vowed consequences for saudi arabia for going through wi

oil giant exxon mobil has smashed financial forecasts, recording its highest ever quarter. we profit at nearly $20000000000.00, the company's profits of sword due to an increase in international demand and a lack of supply as a result of the war in ukraine. the result eclipses the figures posted by rival oil giants show and to tell energy is heidi show castro with more on those record numbers. it's the shortage in supply thanks in part to the western sanctions on russia. and these increased demand, especially as the colder winter months come in, and the profits with amounts by exxon mobil seo. today, they shattered expectations with 1900700000000 and net profit brought in in the last quarter. and that's the 5 pressures from president biden, for us, oil companies to increase production more drastically in order to bring down those prices. well, exxon mobil and now today, it did increase production by 50000 barrels of oil a day during the last quarter. but that pales in comparison, of course, to the $2000000.00 barrels a day in cuts that are coming from opec plus in november.

again, overall, some very strong numbers in that stock up by about a dollar exxon mobil shares are respondingpected quarterly result and is there were high expectations exxon did benefit from higher natural gas prices all of that helped offset a drop in crude oil prices during the quarter. crude was down 25% for the quarter. very strong year over year and the company also talking about additional production, that it was able to do we'll be talking about all of that with the chairman and ceo darren woods in just a few minutes. >>> chevron shares after rising after they reported a better than expected quarter. chevron mentioning cost controls chevron shares could open at a record high if these levels carry over into regular trading right now, up the 180.99. >>> and elon musk has taken over at twitter yes, this is him from a few days ago, carrying the kitchen sink into twitter headquarters, perhaps signaling a wide variety of changes for the social media platform musk first announced he wanted to buy twitter back in april, and then he tried to back out of the deal the two sides had until today t

the situation remains in dead like, despite exxon mobil having already negotiated an agreement between trade unions and management. mark: president biden is to reevaluate the u.s. relationship with riyadh. this, coming from the white house after a saudi-led coalition of oil-producing nations sided with russia to cut output. the 30-nation opec cartel and its 10 allies angered the white house last week with its decision to reduce output to 2 million barrels a day from november. this raises fears that oil prices will sharply increase. not related to the problems here in france, which are industrial relations related. lebanon and israel have struck an agreement recognizing maritime borders. the deal puts down on paper see borders as well as drilling rights over unexplored oil fields. u.s. president joe biden has hailed this as a historic rate through. there are positive and negative points to every deal, of course, this one perhaps more than most. our guest is the associate fellow of the middle east at chatham house. professor of international relations, thanks for being with us. always a

time to update you on a trade last month that was laid out on exxon mobile. >> crude oil had a toughal, energy prices have stabilized. we saw what happened in gasoline prices early in the year then they came back down. that is fantastic. and if you look at the names, for example exxon mobile, that stock is back into the middle of the range that it has enjoyed for most of the year. let's not get too far by the terminology. we do that in november by selling an 80 strike put and 90 strike call and limiting our risk by buying a 75 strike put and a 100 strike call. >> that trade hung out in the green for a while. exxon gains pushed it into the red, scott. what do you do now? >> sarah, this was a gut punch when it came to the -- russia, russia and the saudis cutting back oil production. that lit a fire under the energy names. this is way past that 100 strike call. nothing to do here. no way to rejuvenate the trade or rehabilitate the trade. this is the reason we use options. we used a unique trade set up. unique trade strategy to limit risk and we have done that. >> up next, final call, st

and on the other side of that, maria, exactly -- look at exxon mobil. we're villinizing it yet the stock is up 80% year-to-date. that's the contrast, exxon mobil versus amazon. one's a villain in esg, once a darling and the difference in returns is over 100% in favor of exxon mobil year-to-date. maria: yeah. it's pretty incredible what has gone on with the oil stocks in the last year. exxon included. in the middle of all of this, alien ating the fossil fuel industry, the returns have been the best returns in the market get. let me bring in rob astorino with me this morning. go ahead, rob. rob: mark, it's like you can't serve two masters and the companies have to figure out blackrock do they want to actually make money for their shareholders and invest wisely or do they want to push an i'd controlling and i think they should -- ideology and i think they should take notice in eight days when you push an ideology against all other things, things can go bad and they are, like the economy and the democrats are going to take a shellacking and i'm wondering, do

oil giant exxon mobil has smashed financial forecast recording its highest, ever quarterly profit that nearly $20000000000.00. the result eclipses the figures posted by rival oil giants shell and total in algae. here is hydrogen castro with more on those record numbers. the shortage in supply st. in part to the western sanctions on russia and the increase of man, especially as the colder winter months come in and profits with amounts by exxon mobil seo. today they shattered expectations with 1900700000000 and net profit brought in in the last quarter. and that's the 5 pressures from president biden, for us, oil companies to increase production more drastically in order to bring down those prices. well, as a mobile anal today, it did increase production by 50000 barrels of oil a day during those last quarter. but that pales in comparison, of course to the $2000000.00 barrels a day in cuts that are coming from opec plus in november. and the fear of the vitamin ration is that the price at us gas stations, like the $1.00 behind me that, that only go up there down currently from the peak th

our, including america's largest oil company, exxon mobil records, the highest ever quarterly profit. pakistan's ousted prime minister, run con, leads the march toward the capital to force an early election and in sport to the biggest title in north american baseball is up for grabs. details coming up later on in the element fighting is intensifying and eastern. don bass, russia is shelling the cities of mc alive and buff moods, where there is a fierce battle for control. its forces are edging closer to seizing the city. mercenaries from the russian military company, wagner group are also involved. i said, beg has more now from battle days, exchange of fire taking place between the ukrainians and the russians. the russians have made some gains, but they still not in back what the ukrainians are said, that they have managed to repel those attacks. and everywhere around us is signs of destruction. you can see the car burnt out behind me. there's buildings on the other side. you can see that they've been damaged the chalet, shuttling and rockets the powers out in the city as well. and co

oil giant exxon mobil has smashed financial forecasts, recording its highest ever quarterly profit at nearly $20000000000.00, a company's profits of sword due to an increase in international demand and a lack of supply as a result of the war and ukraine. exxon mobil says it more than doubled its revenue in the 3rd financial quarter. this result, eclipse is the figures posted by rival oil giants shell. and to the analogy here is hydro castro, the shortage in supply st. in part to the western sanctions on russia and the increase of man, especially as the colder winter months come in and the profits with amounts by exxon mobil seo today, they shattered expectations with 1900700000000 and net profit brought in in the last quarter and that's the 5 pressures from president biden, for us, oil companies to increase production more drastically in order to bring down those prices. well, as a mobile anal today, it did increase production by 50000 barrels of oil a day during the last quarter. but that pales in comparison, of course to the $2000000.00 barrels a day in cuts that are coming from ope

at least 50 meters of the baltic pipeline is missing. investigators believe it was sabotage. exxon mobil says it has left russia altogether. after president vladimir putin seized its properties. exxon says it has not received any compensation for assets valued at $4000000000.00. an iranian climber praised internationally for taking part in a competition without wearing a he job, has allegedly apologized a post of on as recovery. instagram account said her headscarf came off by accident during an event in south korea rights activists. and i fear for her safety. she has reportedly been sent home to a ran with fears. she may be imprisoned on arrival in so parental title when the game she shira kai is an activist for women's rights. and we spoke to her earlier about the claim that el knows were copies. he job fell off by accident. oh, we were actually expecting that we were expecting the security and intelligence services, putting pressure on her to publish something as a pattern they've been doing for the last 34 years. so every time there's something happening that they don't take rebate,

baltic. sea pipeline is missing. investigators believe the extensive damage was caused by sabotage. exxon mobil says it has left russia altogether after president vladimir putin seized its properties. exxon says it has not received any compensation for assets valued at $4000000000.00. australia has reversed a previous government's recognition of jerusalem as israel's capital. foreign minister penny wong says the city status should be decided by peace talks. israel's prime minister, jerry la pete says it's a hasty response on a rainy and climber who took part in a competition with that wearing a he job has reportedly apologized a post on l. now as we're copies, instagram a can said, her head scarf came off by accident during an event in south korea rights activists, no fear for her safety. she has reported be being sent home to iran with fears she may be imprisoned on arrival. here that is all about well and again, sheer a k e is an activist for women's rights and i asked her while she and she spoke to my colleague about the claim that l 9 were copies. he job fellow faxed. oh, who were actually

an auto, some of the other global business stories making news. exxon mobil says it has completely left russia after president putin expropriated is properties. the move from the russian liter followed months of discussions. exxon says it was not compensated for the assets which are estimated to be valued at $4000000000.00. a group of 8 starbucks employees in south carolina and united states or soon the company. they are part of a unionized group of workers and say their manager has falsely accused them of assault and kidnapping. after they demanded arrays. large financial institutions have increased their funding to companies responsible for deforestation around the world. that's according to the forest and finance coalition. the n g o says that said financing rose over 60 percent to $47000000000.00 from last year. and all 3 of germany's remaining remaining nuclear power plans will stay operational until mid april. that's after a decision. by chancellor, all shots of the social democrats, the measure is targeted to help the country through an energy crisis energy from the power plants

at petro pumps. exxon mobil is just reported. it's highest ever quarterly earnings. meanwhile, chevron posted it's 2nd highest, as they capitalize on high global demand for oil and gas brought about by war and ukraine. biden's says petroleum majors could face extra taxes if they don't help to cut costs for consumers. rather than increasing our investments in america, or giving american consumers a break, their excess profits are growing back to their shareholders in a bind back their stock. so the executive pays are going to skyrocket. gimme a break enough is enough. look, i'm a capitalist. you've heard me say this before. i have no problem with corporations . turning to fair profit get in return on their investment and innovation. but this is much remotely what's happening, oil companies record profits a day or not because to doing something new or innovative. their profits are a windfall of war. velasquez more on that from our wall street correspondent yann's court again, thanks for joining us. so what are the chances of big oi

now let's take a look at some of the other global business stories that are making the news. exxon mobil says it has completely left russia after president putin expropriated its properties. the move from the russian leader followed months of discussions next on says it was not compensated for the assets, which i estimated to be valued of $4000000000.00. a russian court has fine live streaming platform, twitch for refusing to take down what moscow calls inappropriate content content relates to russia's invasion of ukraine to which received to fines totaling a $120000.00. same court has also submitted promotion against wikipedia. large financial institutions have increased their funding to companies responsible for deforestation around the world. that's according to the forest and financed coalition. the angio says that such financing rows over 60 percent to 47000000000 dollars last year. and philanthropist, mackenzie scott, who was previously my a $2000000000.00 jeff bezos has pledged to donate nearly $85000000.00. the girl scouts of the usa in 2019 scott promised to give away her entire

the second largest oil company in the country behind exxon mobile. going to be crossing in about 12 minutes from now and net production right now they are saying 3.30 million barrels per day but again very strong numbers from chevron, oil prices have remained higher, maria, as you know and this could bode well for exxon's numbers which will be released in 12 minutes or so. maria: yeah, looks like they are talking about the permian basin being a big positive in the quarter for chevron. thanks very much, cheryl casone. >> yeah, so -- maria: your reaction to the quarter. >> energy is one place that continue to have strong earnings, take you through otherwise economic time because inflation is what's driving everything. typically energy, one of the parts of the economy that would have a hard time during recession and this time energy could be a place to help portfolio despite the fact that other parts of the economy are starting to slow down. maria: we will leave it there. chris joining us. feeling the heat all caught on tape. we will show you the hot mi

exxon mobil and chevron, both reported on the day up 1% or 2%.they did do on a combined basis for the last quarter, $31 billion in profits. $14 million per hour. all that increase in oil flowing to the bottom line, record profits for exxon mobil, second-best profits ever or chevron. amazon on the year down 40%, a divergence. energy is the only sector up on the year, the rest of the sectors are down in a big way. amazon stopped -- stock-taking today on their production for -- production for a rough holiday season. market cap losses for amazon single day, $203 billion lost. alphabet, microsoft, meta, apple which is the best house on a bad block. $60 million thereabouts. let's look at what is happening to the boj's decision to stay the course relative to be more accommodative, and outlier relative to the global central banks. the rest of the global central banks hiking, the boj staying a common if. dollar-yen rallying, the japanese 10 year yield, jgb down about flat. 10-year yield in the u.s. up six basis points. that is acting as a headwind to stoc

performing sector down 16% this quarter and in case you missed it, if case you haven't noticed exxon mobilehan meta, bigger than facebook. 411 billion-dollar market cap versus a 360 billion-dollar market cap. my concern as it relates to this quarter's earning season is the guidance. i'm expecting that we are going to hear more of these jamie dimon-like comments where ceo's are concerned about what lies ahead. obviously policy is working against every single company out there. so the question is where do you hide out, first thing is first, i don't think you can afford not to own energy stocks. and while we are on that topic, if you think the strategic petroleum reserves, that stockpile being depleted is bad there's another place to hide out, raytheon and military weapons are being depleted as we are sending aid to ukraine and this is all happening in a time where every single one of our advisories is becoming more aggressive and taking us less seriously. maria: you're right. absolutely. david, arc investment cathie wood writing open letter to federal reserve. the fed seems focused on two var

they are operated by the french company total energy, which ranks after bridge petrollium and exxon-mobilee world 's fourth largest hydrocarbon producer, was the european energy market. and so in a panic. and then there are these incomprehensible drones, everyone is afraid to sell just like that. uh, energy resources without any collaterals and without any guarantees and the story ahead is similar to the history of lemon brothers, that is, perhaps some large european energy companies. they just want existence, which will unbalance the completely european energy and financial systems after terrorist attack on the nord streams europe found itself in a very vulnerable position, in fact. all major natural gas supplies. now tied to norway, if the norwegian gas pipeline system makes the european union completely dependent on us lng deliveries across the ocean. they are already rubbing their hands to take advantage of the situation. if you want to sell your liquefied gas at astronomical prices. do you want to limit supplies and watch the death of european industry? why won't they survive? only if

the other one to look at would be exxon mobil getting a healthy dividend, seeing its growing businessenerated returns of 4,000,000,000 x 2030. jack: i sense a little skepticism on your part. if you were advising the big oil companies would you tell them to keep pumping oil? andrew: that is what exxon and chevron are doing, investment in renewables but focused on core business. that's why they traded big premiums to the european majors which are focused on renewables. investors like the approach american companies are doing. jack: supercheap those european big oil companies. is that interesting? andrew: they are cheap for a reason but trading for half the valuation of the us companies because of the pressure on european companies for the government and climate activists, much tougher to operate an energy company, an oil company in europe than it is here. jack: another big earnings week with tech company's report, great investment ideas going into the weekend. andrew's take on losses elon musk could take on the twitter deal. they only cover select cities with 5g. and with coverage of ov

check out these names, exxon mobil and chevron. average over the past years anywhere from 5 and 6% >> sarat, apa, chevron, eog, pioneer all over this space. i find it interesting you call it a good hedge right now. are you playing more defense here >> we owned it, and we owned it when people hated it, scott. that's a time when chevron was basically covering its dividend as well. our play is we know there's much more div depend supply even if we go into a slow down there's not enough production out there, so these companies are going to do well what i'm looking at all the other ones have solid balance sheets other than apache i do like them i think of them as a defensive play in a portfolio we don't know where the economy is going to soften or get better. >>> still ahead big swings in the market pushing many retail investors to the side lines. we're following that headline next on the half ♪ ♪ no more waiting. no more running. [ screaming ] we finish this tonight. >>> welcome back to the half looks like the tee may be setting in for

the suspect has been identified as 42 year old debit. de pappy us all giant exxon. mobil has smashed financial forecasts, recording its highest quarterly profit at nearly $20000000000.00, a company's profits of sword due to an increase in international demand and disruptions in supply. due to the war in you crave. cutter has summoned the german ambassador in protest after berlin's interior minister criticized the world cup house human rights record. doha says comments by nancy feasible, undiplomatic and provocative insistence. reform this labor laws. those were the headlines and use continues here on our 0 after level education. such and thanks for watching life now and talked to al jazeera, we also do believe that women of afghanistan was somehow abandoned by the international community. we listen, we are paying a huge price for the war against terrorism as going on in some money. we meet with global news makers. i'm talk about the stories that matter on al jazeera education matters. the universal rights to expand, arrive, and offer better prospects, the passports to a better life.

strikes at two exxon mobil refineries.al workers want a 10% pay increase to help cope with inflation, pointing to the 10.6 million dollars net profit the company made in the first half of this year. send a come of the petrol giant offered to bring forward talks if employees ended the strike the union called the proposal a form of blackmail. >> management has just made an announcement that tries to shift responsibility to the strikers. we have no guarantee we will get any concrete measures. >> more than 60% of the country's refining capacity has been taken off-line. driving up diesel prices and prompting france to reese fuel imports. >> let's having the markets. shares on wall street fell with the nasdaq hitting a fresh two year low. tech and chipmakers sank after the u.s. announced export instructions event being the chinese semiconductor industry check. amazon says it will invest one billion euros to add thousands more electric vans and lorries to their delivery network in europe. the e-commerce giant has already ordered

oil giant exxon mobil post record breaking profits.hevron reported 11.2 billion dollars in net profits, hitting as all-time record set in the previous quarter. those gains driven by skyrocketing energy prices meant russia's were on ukraine, biden's call comes through for midterm elections with high gasoline prices a key driver of inflation. what we see this is driven by corporate profits. it will be something that central banks will have a tough time reining in with interest rate hikes alone. >> thank you for that. i will be back in a couple of minutes with all of the top stories. stay with us on france 24. ♪ ♪ people and profit. your business show that goes beyond the numbers and the corporate jargon. understand everything related to major business stories and how economy affects our lives. people and profit france 24 and france24.com. ♪ >> joined the marriott travel program and discover endless possibilities. get exclusive rights and offers that are extraordinary hotel brands -- and our extraordinary hotel brands bu. unforgettable mo

they are operated by the french company total energies , which, after bridge petroleum and exxon-mobilee finished their work, occupies the fourth position in the world in terms of hydrocarbon production, the european energy market. and so in a panic. and then there are these incomprehensible drones, everyone is afraid to sell. just leave energy resources without any collateral and without any guarantees, and the story ahead is similar to history. leon brothers, that is, perhaps some large european energy companies. they just want existence, which will unbalance the completely european energy companies, and at the same time the financial system, after the terrorist attack on the nord streams, europe found itself in a very vulnerable position, in fact. all major natural gas supplies. now they are tied to norway if the european union becomes completely dependent on the supply of american lng across the oka with the norwegian gas pipeline system. they are already rubbing their hands in order to take advantage of the situation as soon as possible. if you want to sell your liquefied gas at as

sakhalin-1 was a subsidiary of the american exxon. mobile last spring.nced her desire to leave the project in april and announced the introduction of force majeure regimes. in connection with this production decision, with this decision, oil production on sakhalin 11 decreased by 22 times. and more about presidential decrees. vladimir putin gave the right to commanders groupings of troops to award state awards to distinguished military personnel; on his behalf, the decree was published on the official portal of legal information. it gives commanders the right to help out the military order of courage , the insignia of the order of st. george, the st. george cross of the fourth degree, the medal for courage and the medal for saving those who died, the document also notes that the award should take place in combat areas. the authorities of the kherson region promised to pay 2 million rubles each. to the families who died in the apu missile strike in daryevka, the victims will receive 400,000 each, let me remind you that during the shelling of the darya bri

it was also when exxon mobil shares put in their best week ever, jumping more than 17% in october.or just beating that record close out the week with a gain of almost 16% close to it. it was a good excuse to play disco music. i tim, i know you have bell bottoms somewhere. >> trying to think of songs from 1974 hooked on a feeling is one of them, by blue suede. i also remember a show not in the '70s feels like we have been on since the '70s, but it was 2000 when exxon was kicked out of the dow. it is not surprising if you look back, that was probably the time to buy it. the sentiment was so low this was a company that was threatening or about the cut the dividend, a company in a world where oil was on the skids they're buying back debt, dividend is secured, it's a company that's not spending at all costs in places like the arctic circle or russia and i think is focused much more on profitable businesses. you heard me say all the time and what we saw with energy stocks is they're responding differently than they did in the first two an a three waves of understood lying price of oil. w