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Oil price
Oil Price
Suncor Energy's Quarterly Profit Halves on Lower Oil and Gas Prices
Canada's Suncor Energy (SU.TO) on Monday joined its global peers in reporting a sharp drop in quarterly profit, as oil and gas prices retreated from last ye…
Oil Price
Azerbaijani Oil Price Exceeds $90
Baku, August 5, AZERTACThe Azerbaijani oil price has increased in the world markets.The price of a barrel of Azeri Light crude oil rose $1.21 to trade at $90.11…
Oil Price
Brazil's Petrobras Beats Profit Forecast, $3 Bln Payout Announced
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo MoraesSAO PAULO, Aug 3 (R…
Oil Price
Oil Major BP Posts 70% Drop In Second-Quarter Profit, Raises Dividend by 10%
Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed acr…
Oil Price
Kuwait Petroleum Corporation Posts Net Profit of $8.5 Billion in Last Fiscal Year
Kuwait Petroleum Corporation and its subsidiaries posted a net profit of more than 2.6 billion Kuwaiti dinars ($8.48 billion) in the last fiscal year, the highe…
Oil Price
Shell's Profits Tumble 56% To $5 Bln as Energy Prices Cool
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …
Oil Price
Oil prices rise as tight supply counters expected rate hikes
Brent crude futures rose 44 cents, or 0.6%, to $81.51 a barrel by 11 GMT. U.S. West Texas Intermediate (WTI) crude was at $77.51 a barrel, also up 44 cents, or …
Oil Price
Iran Raises August Light Crude Price to Asia - Source
Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $3.15 a barrel above the Oman/Dubai average for August, a…
Oil Price
Nigeria, Other OPEC Nations Earn $873.6bn From Oil Export in 2022
Nigeria and other countries in the Organization of Petroleum Exporting Countries(OPEC), earned $873.6 billion from oil export in 2022.The OPEC’s petroleum expo…
Oil Price
California New Oil Well Approvals Have Nearly Ground to a Halt
Active pumpjacks from oil wells are pictured at the Inglewood Oil Field, the largest urban oil field in the United States, from the Baldwin Hills Scenic Overloo…
Oil Price
Oil Prices Rise in Early Trade as US Inflation Cools
A view of the Johan Sverdrup oilfield in the North Sea, January 7, 2020. Carina Johansen/NTB Scanpix/via REUTERS/File PhotoOil prices rose in early Asian trade …
Oil & Gas Trade
India Is Using Chinese Yuan to Pay For 10% Of Its Russian Oil Imports, Rest in Rupee and Dirham
India is making about 10 percent of its payments for Russian oil in the Chinese yuan, ThePrint has learnt, with the rest of the payments being made in Indian ru…
Oil Price
Callon Petroleum Company Announces the Closing of Delaware Basin Acquisition and Eagle Ford Divestiture
HighlightsReduces Outstanding Debt by Approximately $300 MillionWill Commence Share Buyback Program in the Third QuarterCallon Petroleum Company (NYSE: CPE) ("C…
Oil Price
Saudi Arabia, Russia Deepen Oil Cuts, Sending Prices Higher
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, Septemb…
Oil Price
Sheetz to Offer $1.776 Gas for July 4th in Much of the Region
HUNTINGTON/CHARLESTON, W.Va. (WSAZ) - How does $1.77 a gallon gas sound?It will be a reality Tuesday, July 4 for Sheetz customers in parts of the Mid-Atlantic, …
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