Oil Price

Oil & Gas
Five Major Challenges Facing the Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
Oil & Gas
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
Oil & Gas
Oil Prices Drop on Profit-Taking, Supply Fears Linger
Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the E
Oil & Gas
Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar
Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO.
Oil & Gas
Opec to Attend Iraq Energy Forum in June
Opec said it will participate in the sixth Iraq Energy Forum in Baghdad from June 18-20.
Oil & Gas
Equinor Sells Stakes in 2 Norway Fields to Sval Energi
Norwegian oil major Equinor said on Tuesday it had agreed to sell its 7.6% stake in Norway's giant Ekofisk field as well as a 19% stake in the Martin Linge fiel
Oil & Gas
Oil Slips as Investors Eye EU Vote on Russian Oil Ban
Oil prices slipped in early Asian trade on Monday as investors eyed talks at the European Union on a Russian oil embargo that is expected to tighten global supp
Oil & Gas
U.S. Shale Swings From Losses to Record Cash Flows
U.S. shale focuses on returning capital to shareholders in 2022.
Oil & Gas
Why Shale May Not Stage a Comeback Despite Higher Oil Prices
Inflation, supply bottlenecks and a shortage of equipment and personnel have affected the exploration and production cycle.
Oil & Gas
Oil Rises, Defying Stock Market Falls as Supply Concerns Persist
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned
Oil & Gas
Shell’s Profit Soars on Higher Oil and Gas Prices
Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices despite taking a charge due to its phased exit fr
Oil & Gas
OPEC+ Set to Stick to Modest Oil Output Rises amid Price Rally
OPEC+ will likely stick to modest oil output increases on Thursday arguing it is not responsible for geopolitics and supply disruptions.
Energy Economy
Shell Posts Record Profit on High Energy Prices and Trading Boost
Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of it
Oil & Gas
OPEC Tells IMF that Oil Price Rally Mainly Due to Geopolitics
OPEC told IMF's steering committee on Thursday that the surge in oil prices was largely due to the Ukraine crisis, in the latest signal that the producer group
Oil & Gas
China Oil Giant CNOOC Jumps 20% in First Mainland Trading
Cnooc Ltd. jumped 20% in its first day of trading in Shanghai as mainland investors jumped at the chance for exposure to soaring oil and gas prices.

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Shell Posts Record Profit on High Energy Prices and Trading Boost

Oil Price

Five Major Challenges Facing the Energy Industry

Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN

Oil Prices Drop on Profit-Taking, Supply Fears Linger

Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar

Opec to Attend Iraq Energy Forum in June

Equinor Sells Stakes in 2 Norway Fields to Sval Energi

Oil Slips as Investors Eye EU Vote on Russian Oil Ban

U.S. Shale Swings From Losses to Record Cash Flows

Why Shale May Not Stage a Comeback Despite Higher Oil Prices

Oil Rises, Defying Stock Market Falls as Supply Concerns Persist

Shell’s Profit Soars on Higher Oil and Gas Prices

OPEC+ Set to Stick to Modest Oil Output Rises amid Price Rally

Shell Posts Record Profit on High Energy Prices and Trading Boost

OPEC Tells IMF that Oil Price Rally Mainly Due to Geopolitics

China Oil Giant CNOOC Jumps 20% in First Mainland Trading

Shell Posts Record Profit on High Energy Prices and Trading Boost

U.S. Shale Swings From Losses to Record Cash Flows

Oil Prices Drop on Profit-Taking, Supply Fears Linger

Oil Rises, Defying Stock Market Falls as Supply Concerns Persist

OPEC+ Set to Stick to Modest Oil Output Rises amid Price Rally

Shell’s Profit Soars on Higher Oil and Gas Prices