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BP says lower oil prices will weigh on earnings
BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an increase in production and higher refining margins. In a trading update on Friday, BP said it expected earnings in its oil business to be $600mn-$800mn lower in the three months to the end of June than the previous quarter.
The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...
Saying the first six months of the year have been active when it comes to oil prices may be an understatement.
Brazil’s oil exports to the US face potential disruption from threatened tariffs, prompting the country and its ...
Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...
Alaska finishes at the bottom of CNBC’s state competitiveness rankings in 2025 with America’s worst state economy. The state ...
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...
Oil prices were steady at the close of a volatile trading session on Wednesday, after falling earlier on the back of data that raised concerns about U ...
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OPEC+ jolted markets by announcing it would flood the market with more oil.
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
With global oil demand at 104 million barrels per day and supply at 105.2 million, the market is now oversupplied by over one ...
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