FILE – In this Wednesday, April 8, 2020, file photo, the sun sets behind an idle pump jack near Karnes…
Tag: Oil
Chevron’s $53B deal for Hess clinches access to a ‘once-in-several-lifetimes’ asset for the oil giant
After nearly two years, Chevron (CVX) looks set to close its $53 billion deal to buy rival Hess (HES) and…
Crude Oil Prices Fall Due to a Focus on Oil Surplus
Oil pipeline in winter by Robson Machado via Pixabay August WTI crude oil (CLQ25) on Wednesday closed down -0.14 (-0.21%),…
market outlook: Muted Q1 earnings expected, but hopes pinned on second-half recovery led by oil, cement and consumer demand: Mahesh Patil
“For now, we expect the market to remain in a narrow range. It has become more stock-specific. Clearly, companies that…
Crude Oil Prices Remain Weak on Lack of Fresh Russian Sanctions
Offshore oil platform in ocean by Wirestock via iStock August WTI crude oil (CLQ25) today is down -0.48 (-0.72%), and…
How Canada’s oil sands transformed into one of North America’s lowest-cost plays
By Amanda Stephenson CALGARY (Reuters) -Giant shovels, driverless trucks and a dog-like robot have all helped Canada’s oil sands companies…
Peter McGuire oil market outlook: EMs to drive oil demand in H2 2025: Peter McGuire
“But if you continue this sort of role forward, then I am pretty sure that you are going to see…
Exxon signals lower oil, gas prices could hit second-quarter profit
By Sheila Dang HOUSTON (Reuters) -Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter…
Oil prices ease from two-week highs as investors await tariff clarity
Oil prices edged slightly lower on Wednesday after rising to two-week highs in the previous session, as investors were watching…
ExxonMobil expects $1.5bn hit to Q2 earnings from lower oil and gas prices
ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices,…