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GLOBAL MARKETS-Stocks fall with tobacco shares, Amazon; oil climbs

Global stock markets fell on Friday as tobacco shares dropped and Amazon earnings disappointed, while oil prices added to recent gains and were on track for their biggest weekly percentage rise this..
DNA

Oil Prices Rise As Saudi Arabia Attacks The Glut

Back in late May, Saudi Oil Minister Khalid Al-Falih said that 'exports to the U.S. will drop measurably', as the OPEC Kingpin adjusted its focus to reducing exports to the world's most transparent..
OilPrice.com

Videos for "Oil Prices"

News video: GAS PRICES

GAS PRICES

AAA Texas is reporting the statewide average for gas prices is on the rise.
Source: KWKT -

News video: Statoil Says Results Confirm Changes Over Past 3 Years

Statoil Says Results Confirm Changes Over Past 3 Years 03:37

Jul.27 -- Hans Jakob Hegge, chief financial officer at Statoil, discusses second-quarter earnings, plans for investment and capital expenditure and his outlook for the business. He speaks on "Bloomberg..
Source: Bloomberg Global Business -

News video: PetroChina Forecasts Profit Boost

PetroChina Forecasts Profit Boost 03:10

Jul.26 -- PetroChina Co., the nation’s biggest publicly traded oil and gas company, forecast profit rebounded during the first half of this year on higher oil prices. Bloomberg's Tom MacKenzie..
Source: Bloomberg Global Business -

News video: Ayers Alliance's CIO Says Having Oil in a Range Is Good

Ayers Alliance's CIO Says Having Oil in a Range Is Good 02:07

Jul.24 -- Jonathan Barratt, chief investment officer at Ayers Alliance Securities, discusses his outlook for oil markets on "Bloomberg Markets: Asia."
Source: Bloomberg Global Business -

News video: Kendra anchors FOX 7.23.17

Kendra anchors FOX 7.23.17

Kendra anchors FOX 7.23.17
Source: WXXV -

 

Brent reaches two-month high as British American Tobacco smokes FTSE 100

brent reaches two-month high as british american tobacco smokes ftse 100
Brent crude oil prices rallied to their highest point in almost two months today amid otherwise limp UK markets. Futures for September delivery of the North Sea benchmark traded above $52 per barrel..
City A.M.

Maurel & Prom : End of the Anticosti project in Quebec

*Paris, 28 July 2017* *No. 16-17* *End of the Anticosti project in Quebec* The Government of Quebec has informed Saint-Aubin Energie, a wholly owned subsidiary of Maurel & Prom, of its intention..
GlobeNewswire

Goldman Sachs: Oil Market To Rebalance By Early 2018

Recent data show that the rebalancing of the oil market is speeding up and if the drawdown trends are sustained, stockpiles will normalize by early 2018, Goldman Sachs said on Thursday, adding that it..
OilPrice.com

Chevron and Exxonmobil both miss earnings targets but post healthy profits

chevron and exxonmobil both miss earnings targets but post healthy profits
America’s two biggest oil supermajors, Exxonmobil and Chevron, both missed earnings expectations despite today posting profits in the billions of dollars. Exxonmobil, the world’s largest listed..
City A.M.

Oil prices on track for best monthly gain this year

Falling US stockpiles help push Brent crude back above $50 a barrel
FT.com

Exxon Reports Twofold Rise In Profit, But Stock Plunges

Exxon reported a profit of US$3.35 billion for the second quarter of the year, up from US$1.7 billion a year earlier, thanks to better refining margins and higher oil prices. The latter pushed upstream..
OilPrice.com

Analysis: US shale players to become cash-flow positive by 2020

Wood Mackenzie expects US shale companies to start making returns by 2020 if oil prices hold at around $50 per barrel.  -More- 
SmartBrief

ExxonMobil profits nearly double on higher oil prices

ExxonMobil saw its second-quarter profits nearly double from the year-ago period due to higher oil prices and better refining margins, the company reported.
RTE.ie

Exxon profit swells but disappoints as global oil surplus continues

Exxon Mobil's second-quarter profit nearly doubled but missed expectations as a downward swing for oil prices constricted the company's momentum.
USATODAY.com

Global Markets, Futures Slide Spooked By Poor Amazon Earnings, US Politics

global markets, futures slide spooked by poor amazon earnings, us politics
S&P futures have tracked both European and Asian markets lower, which were dragged down by the big EPS miss and guidance cut reported by Amazon on Thursday. Meanwhile, the pounding of the dollar has..
Zero Hedge

Eni returns to profit in second quarter as output grew

MILAN (AP) — Italian oil and gas company Eni returned to second-quarter profits as it ramped up new production in three regions amid ongoing pricing volatility. Eni noted that most of its first-half..
SeattlePI.com

Easing demand drags down crude palm oil futures 0.77 pc

Crude palm oil prices went down by 0.77 per cent to Rs 487 per 10 kg in futures trading today as speculators cut down positions following easing demand in the spot market against adequate stocks..
DNA

Refined soya oil futures slide 0.53 pc on low demand

Refined soya oil prices moved down by 0.53 per cent to Rs 643.20 per 10 kg in futures trading today as participants cut down positions, taking weak cues from spot market on sluggish demand.
DNA

Bellevue Group increases client assets to CHF 11.8 bn and triples consolidated net profit

EQS Group-News: Bellevue Group AG / Key word(s): Half Year Results 28.07.2017 / 07:00 -------------------- *Media Release * Küsnacht, July 28, 2017 *Bellevue Group increases..
EQS Group

National Oilwell Varco, Inc.'s Results Continue Their Slight Improvement

Despite weaker oil prices in recent months, the oilfield-equipment company is getting more optimistic about its outlook.
Motley Fool

Oil climbs for sixth day, near eight-week highs on U.S. crude stock declines

SEOUL (Reuters) - Oil prices extended a rally into a sixth day on Friday, hovering near 8-week highs on a decline in U.S. inventories and OPEC's ongoing efforts to curb production to ease a global..
Reuters India Also reported by •ReutersSify

GLOBAL MARKETS-S&P 500 declines with transports; oil extends recent rally

The S&P 500 ended lower following a drop in technology and transportation shares on Thursday, while oil prices extended their recent rally.
DNA

Electric Vehicles No Threat To Oil Prices Anytime Soon

Hardly a day goes by without another media report about the impending demise of the Internal Combustion Engine (ICE) as petroleum powered cars and trucks are replaced by uber-clean Electric Vehicles..
OilPrice.com


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