Article: Big Oil’s Secret World of Trading

Article - Media, Publications

Big Oil’s Secret World of Trading

Javier Blas and Jack Farchy, 30 March 2021

It was a bleak moment for the oil industry. U.S. shale companies were failing by the dozen. Petrostates were on the brink of bankruptcy. Texas roughnecks and Kuwaiti princes alike had watched helplessly for months as the commodity that was their lifeblood tumbled to prices that had until recently seemed unthinkable. Below $50 a barrel, then below $40, then below $30.

But inside the central London headquarters of one of the world’s largest oil companies, there was an air of calm. It was January 2016. Bob Dudley had been at the helm of BP Plc for six years. He ought to have had as much reason to panic as anyone in the rest of his industry. The unflashy American had been predicting lower prices for months. He was being proved right, though that was hardly a reason to celebrate. Continue reading “Article: Big Oil’s Secret World of Trading”

Article: Joseph Hooley Net Worth

Article - Media, Publications

Joseph Hooley Net Worth

Wallmine, 06 January 2021

The estimated Net Worth of Joseph L Hooley is at least $63.1 Million dollars as of 31 October 2019. Joseph Hooley owns over 25,000 units of Exxon Mobil stock worth over $40,764,066 and over the last 7 years he sold XOM stock worth over $22,314,161. In addition, he makes $0 as Director at Exxon Mobil. Continue reading “Article: Joseph Hooley Net Worth”