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Tag: Oil
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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US oil and gas rig count falls to lowest since January, Baker Hughes says
By Scott DiSavino (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating…
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…