Yahoo! Finance Article Rating

Big oil enters 2024 strengthened by U.S. industry consolidation

Dec 26, 2023 View Original Article
  • Bias Rating

    6% Center

  • Reliability

    30% ReliableFair

  • Policy Leaning

    6% Center

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

25% Positive

  •   Liberal
  •   Conservative
SentenceSentimentBias
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Bias Meter

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Bias Meter

Contributing sentiments towards policy:

53% : Exxon, for example, is sitting on about $33 billion in cash, more than six times the amount it held four years ago.Andre Gan, a partner at Wong & Partners law firm and an M&A expert, said fossil fuels were attracting new investment again.Rising interest rates in 2023 made paying for acquisitions with stock more attractive to investors than funding new renewable energy projects with cash.
52% : The emergence of fewer, bigger oil producers focused on extending the longevity of their fossil fuel businesses may put the companies in greater tension with governments prioritizing a shift to clean energy sources.
48% : Producers have also recognized that the U.S. move toward renewable fuels, electric vehicles and greater energy efficiency will cut fossil fuel consumption and squeeze companies with high production costs.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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