ExxonMobil (XOM.N): Fourth-quarter net production was 3.8 million barrels of oil equivalent per day.

ExxonMobil (XOM.N): Launched a new lithium battery business with the potential to supply up to 1 million electric vehicles per year by 2030.

Exxon Mobil Oil (XOM.N) Q4 revenue in 2023 was US$84.34 billion, market expectations were US$85.234 billion, and US$95.429 billion in the same period last year.

Chevron (CVX.N): Permian Basin production is expected to reach 1 million barrels of oil equivalent per day by 2025.

Chevron (CVX.N): Production in the Permian Basin is expected to fall by about 2%-4% in the first half of this year compared with the fourth quarter of last year, and production will climb to about 900,000 barrels per day in 2024.

Chevron (CVX.N): Expected production growth in 2024 of 4%-7%.

Chevron (CVX.N): Net production in the fourth quarter was 3.39 million barrels of oil equivalent per day.

After the financial report was released, Chevron (CVX.N) rose slightly before the market opened and was now up 0.6%.

According to Fox Business Channel: Trump said he will not nominate Powell as chairman of the Federal Reserve.

Market news: Germany’s lower house of parliament passed the 2024 budget.

Citigroup lowered its price target for Apple (AAPL.O) to $225 from $230.

Citi: Raised the target price on META Platforms (FB.O) from $440 to $525.

Russian Presidential Press Secretary Peskov: The issue of returning the remains of the Ukrainian victims in the Il-76 transport plane crash is the responsibility of the relevant investigative agencies.

Susquehanna Financial Group: Raised target price on META Platforms (FB.O) to $550 from $400.

Tata Motors (TTM.N): Fourth-quarter revenue was 1.11 trillion rupees, market expectation was 1.09 trillion rupees; net profit was 70.3 billion rupees, market expectation was 47.76 billion rupees.

JPMorgan Chase: Raised the price target for META Platforms (FB.O) from $420 to $535.

Kremlin: Russian President Vladimir Putin will discuss Ukraine with Turkish President Erdogan.

According to TASS: Russian students will learn drone technology for military and industrial purposes.

National Highway Traffic Safety Administration: Tesla (TSLA.O) recalls some vehicles due to font size display issues.