higher oil prices

Headlines

ExxonMobil Q2 Profits Nearly Double On Higher Oil Prices To $3.4 Bn

ExxonMobil saw its second-quarter profits nearly double from the year-ago period due to higher oil prices and better...

Headlines

Dow At Record, European Stocks Up As Yellen Pledges Gradual Rate Hikes

European and US stocks scored solid gains Wednesday, with the Dow ending at a fresh record, as investors welcomed...

International

Oil Prices Have Plunged 15% In 3 Weeks

Renewed fears about the oil supply glut have sent crude prices plunging 15% Renewed fears about the oil supply glut...

Headlines

GE Profitable Again In Q1; Oil Earnings Fall

Higher power and aviation earnings helped General Electric return to profitability in the first quarter as it announced...

Headlines

Wall Street’s Trump Rally Overpriced, Economists Say

Wall Street's historic rallies since Donald Trump's election overvalue the president's pledged pro-business tax and...

International

Halfway Into 2017’s Oil Supply Cut, Asia Remains Awash With Fuel

Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to rein in a...

Headlines

US Stocks Rise On Solid February Jobs Report

Wall Street stocks rose early Friday following a solid US jobs report that bolstered expectations the Federal Reserve...

International

U.S. Shale Oil Braces For the Unfamiliar In 2017

U. S. shale producers are facing their first production cost increase in five years in 2017 as industry activity picks...

International

UK Inflation Highest Since June 2014

Inflation has reached its highest rate for two-and-a-half years, mainly as a result of the rising price of fuel. Annual...