LONDON — Europe’s major energy companies profited from a rise in oil prices to report big increases in first-quarter earnings on Thursday, putting the worst of the pandemic-driven slum... Read more
New York — Oil prices were down 2% on Friday, falling from six-week highs as investors unloaded positions after weak Japanese crude import data and on worries about fuel demand in Indi... Read more
Madrid — Spain’s Repsol beat first-quarter net profit expectations on Thursday as higher oil and gas prices offset thinner refining margins. Stronger upstream earnings from extracting... Read more
LONDON — Oil prices extended gains on Thursday as bullish forecasts of recovering demand, strong U.S. economic data and a weak dollar outweighed concerns about the impact of rising COV... Read more
LONDON — Oil prices were steady on Wednesday as support coming from forecasts of a recovery in global fuel demand was tempered by a surge in India’s coronavirus cases and rising U.S. c... Read more
News wire — Chesapeake Energy Corp said on Tuesday that Chief Executive Officer Doug Lawler would leave this week, months after the company emerged from a contentious bankruptcy reorga... Read more
Moscow — Russian oil exporters may suspend supplies to Belarus’s Naftan refinery after the United States tightened sanctions on Belarus over alleged human rights violations and abuses,... Read more
News wire — Motorists taking weekend trips have helped boost gasoline demand in the United States, China and the United Kingdom, but the recovery has been crimped by rising coronavirus... Read more
News wire — U.S. Supreme Court justices on Tuesday appeared divided over a bid by small oil refineries for exemptions from a federal law requiring increasing levels of biofuels to be b... Read more
News wire — Exxon Mobil Corp on Tuesday made its 19th discovery offshore Guyana at the Uaru-2 well in the Stabroek Block, as the U.S. energy firm continues to develop one of the world’... Read more
