By Scott DiSavino (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating…
Tag: Oil
Oil prices steady after dropping as economic uncertainty, supply concerns weigh
Oil prices steadied on Thursday after falling more than $1 in the previous session as uncertainty over the outcome of…
oil prices: Oil up on signs of more Europe and China demand, less US output
Oil prices rose on Wednesday on signs of weakening production in the U.S. and higher demand in Europe and China…
Rupee ends higher, aided by stronger yuan and slumping oil prices
The Indian rupee strengthened on Monday, tracking a rise in the offshore Chinese yuan and comforted by falling crude oil…
Saudi companies retrench after fall in oil prices
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
asian shares: Oil slumps after OPEC+ plan, US stock futures drop
Oil slumped in early trading after OPEC+ agreed to a further surge in output over the weekend, bolstering global supplies.…
ExxonMobil Continues to Prove It’s the Best-Run Company in the Oil Patch
ExxonMobil delivered industry-leading financial results in the first quarter. That empowered it to return an industry-leading amount of cash to…
Oil posts biggest weekly loss in a month ahead of OPEC+ meeting
By Shariq Khan NEW YORK (Reuters) -Oil prices fell over 1% lower on Friday and recorded for their biggest weekly…
BP profits halve as oil major struggles to turn around business
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
China stockpiles oil as Trump tariff shock hits crude prices
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…