ExxonMobil expects third-quarter earnings were hit by lower oil prices
A SLUMP in oil prices probably reduced ExxonMobil’s third-quarter upstream earnings by US$600 million to US$1 billion, the oil major ...
Tag: Oil
Oil jumps over US$3 a barrel as Middle East conflict stokes supply worry
OIL prices surged on Thursday (Oct 3) as concerns mounted that a widening regional conflict in the Middle East could ...
TotalEnergies plans to grow oil and gas production until 2030
FRENCH energy giant TotalEnergies has announced plans to increase its oil and gas production until 2030, as it seeks to ...
World’s most popular vegetable oil is no longer the cheapest
Palm oil has lost its position as the world’s cheapest edible oil, thanks to shrinking output in the biggest growers ...
Oil dips on worries China stimulus plans not enough to boost demand
OIL prices fell on Wednesday as investors reassessed the ability of China’s stimulus plans to boost the economy enough to ...
Oil prices climb 2% on China stimulus, Middle East conflict
OIL prices climbed about 2 per cent to a three-week high on Tuesday (Sep 24) on news of monetary stimulus ...
US FTC set to greenlight Chevron’s US$53 billion buy of oil rival Hess: sources
THE US Federal Trade Commission (FTC) is expected to greenlight US oil producer Chevron’s purchase of Hess as soon as ...
Oil ends week higher as investors take stock of Fed rate cuts
Oil prices settled lower on Friday (Sep 20) but recorded a second straight week of gains, garnering support from a ...
Indian plans to keep buying cheap Russian oil, oil minister says
INDIA is prepared to keep buying oil from Russian companies that are allowed to make such sales, since prices are ...
India plans to keep buying cheap Russian oil, oil minister says
INDIA is prepared to keep buying oil from Russian companies that are allowed to make such sales, since prices are ...
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