BP’s first-quarter earnings plunged by 40 per cent to $2.7 billion, missing forecasts after lower energy prices and a US refinery outage offset increased oil and gas production.
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers ...
There has been a huge movement in US interest rate expectations. There is now a 50% chance of a rate hike in September, up from 31% in April. Earlier this week there was only 1 rate cut priced in from ...
Rolling coverage of the latest economic and financial news. FTSE 100 hits record high 09:33 Boom! Britain’s FTSE ...
Southwestern Energy Company (NYSE: SWN) today announced financial and operating results for the first quarter ended March 31, ...
However, the market remains under pressure from steady interest rates and ... will continue these cuts through the second half of the year. If oil prices reach a bull scenario of $90-100 per barrel, ...
BP PLC is scheduled to report its first quarter 2024 financial results on May 7, 2024. Analysts expect BP's profits to slow ...
The U.S. aims to replenish its Strategic Petroleum Reserve (SPR) after a historic sale from the emergency stockpile in 2022 ...
Investors swiftly sold oil amidst eased tensions between Israel and Iran, stalling crude's rally below $100 per barrel.
The official exchange rate of the dollar to naira is determined by the Central Bank of Nigeria (CBN), which intervenes in the ...
Asian shares rose alongside their US counterparts, with Hong Kong equities extending a rally for the sixth straight day. The ...
Topline Securities, in its report, said Thursday’s “trading session at Pakistan’s stock market ended with a slight decrease ...