Shares of energy companies rose alongside oil futures as Ukrainian attacks on Russian refineries boosted the geopolitical risk premium.
California lawmakers approved a measure to boost oil drilling in an effort to reverse the state's long decline in fuel production, stave off refinery closures and reduce some of the highest gasoline prices in the country.
Oil major Exxon Mobil is enlisting the help of retail investors in proxy battles against activist firms, by giving small shareholders a chance to vote their stakes alongside board positions.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
September 15, 2025 17:38 ET (21:38 GMT)
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