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Tag: Oil
Oil falls more than 1% on expectations for US-Iran nuclear deal
Oil prices lost nearly $1 in early trade on Thursday on expectations of a potential U.S.-Iran nuclear deal, while an…
Oil jumps 4% as traders signal ‘risk back on’ after China-US trade truce
Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market…
US sanctions companies alleged to be shipping Iranian oil to China
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Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday,…
Trump’s trade war hits profits at Saudi oil giant
Saudi Aramco’s profits over the first quarter of the year fell by 5pc to $26bn (£19.5bn) – Simon Dawson/Bloomberg Uncertainty…
Warren Buffett’s $11 billion oil bet is down 21% from 2025 peak. Will this be his oil regret 2.0?
One of Warren Buffett’s largest public equity investments is now deep in the red. Occidental Petroleum, in which Berkshire Hathaway…
A note on the news: “Break-even” oil prices
(Oil & Gas 360) – Over the past few weeks, several headlines regarding the international oil business have surprised market…
US-China trade talk optimism drives oil prices to weekly gains
Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade…
UK hits key figures in Russian oil trade with sanctions
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