Saudi Aramco reports $42 billion profit as oil prices climb
admin DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco on Tuesday reported a $42.4…
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BP rakes in quarterly profit of $8.2 billion as oil majors post another round of bumper earnings
The world's largest oil and gas majors have reported bumper earnings in recent months, benefitting…
Read MoreOil slides as China factory gauge slumps; natural-gas futures move sharply higher
Oil futures fell Monday, feeling pressure after a weak reading on China factory activity and…
Read MoreBiden to charge that oil companies ‘refuse to help lower prices at the pump’ in afternoon speech
President Joe Biden on Monday will speak about major oil XLE, +0.38% companies’ record-setting profits,…
Read MoreOil slips as China expands COVID curbs, but on track for weekly gains
Oil futures fell Friday as several Chinese cities widened COVID-19 curbs, but crude remained on…
Read MoreRich nations are quitting their oil and gas habit too slowly, U.N. says in ’emissions gap’ report
Led by the richest carbon-polluting nations, global efforts to slow the Earth’s temperature remain “far…
Read MoreOil aims for 3-day winning streak
Oil futures ticked higher early Thursday, attempting to build a three-day winning streak. Price action…
Read MoreOil ticks higher, shaking off industry data showing rise in U.S. crude stocks
Oil futures edged higher early Wednesday, with traders awaiting official data on U.S. crude inventories…
Read MoreDepleting strategic oil reserves could prove ‘painful in the months to come’: Saudi energy minister
“‘It is my profound duty to make it clear to the world that losing emergency…
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Analysts upgrade price targets as BP tops earnings expectations
Analysts have boosted their price targets for oil and gas giant BP as it reported…
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