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
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
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 -
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 -
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.
*Paris, 28 July 2017*
*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
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
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.
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
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
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
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 •Reuters •Sify
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