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BP says lower oil prices will weigh on earnings
BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an increase in production and higher refining margins. In a trading update on Friday, BP said it expected earnings in its oil business to be $600mn-$800mn lower in the three months to the end of June than the previous quarter.
The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...
The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...
Crude oil prices recovered slightly but remain stuck as new U.S. tariffs, OPEC+ supply increases, diesel shortage fears, and sanctions on Russia weigh on sentiment.
Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...
Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...
Crude oil’s bounce from recent lows continues, but resistance at the 20-Day line and 200-Day MA levels could determine ...
Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...
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