Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in U.S. fuel inventories last week pressured ...
Exxon Mobil has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Exxon ...
It is now a belief among many in energy markets that president-elect Donald Trump will succeed in driving oil prices down, possibly even further than during Joe Biden’s term.
Both benchmarks fell more than 1 per cent on Wednesday as a stronger dollar and the bigger-than-expected rise in US fuel ...
The change in gas prices, however, may boost earnings by as much as $400 million for the quarter, the company said..
As a result, Iran boosted both its production of crude oil and exports, with the latter jumping by over 10% last year to a total of 587 million barrels. The overwhelming bulk of that went to China, ...
Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western ...