Higher Oil Prices Boost ExxonMobil, Chevron Earnings
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a recovery in ...
Tag: Organization of Petroleum-Exporting Countries
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 refining margins, ...
Nigeria’s Ex-Oil Minister Battles Slew of Graft Cases
Nigeria's former oil minister faces charges only at home but her name crops up in a growing number of international ...
Qatar Emir Ready For Gulf Crisis Talks With Conditions
Qatar's ruler said Friday that the Gulf emirate is ready for talks to resolve a diplomatic crisis with a Saudi-led ...
Qatar Emir Ready For Gulf Crisis Dialogue With Conditions
Qatar's ruler said Friday that the Gulf emirate is ready for dialogue to resolve a diplomatic crisis with a Saudi-led ...
Nigeria Court Orders Forfeiture of Ex-Oil Minister’s Luxury $37.5m…
A Nigerian court has ordered the temporary forfeiture a $37.5 million property belonging to the country's ex-oil minister, with prosecutors ...
Libya’s NOC Sees 1.25 Mln Bpd Oil Output By Year-End
The head of Libya's National Oil Company announced on Wednesday that oil production is expected to reach 1.25 million barrels ...
Oil, Gas Key To World Energy For ‘decades To Come’
Oil and gas will remain central to the world's supply of energy for decades to come, despite a surge of ...
Energy Firms Hit By Oil Dive, N.Korea Crisis Fuels Uncertainty
Asian energy firms sank Thursday following a plunge in oil prices while equity traders remained on edge after North Korea's ...
US Stocks Pressured By Weak Oil Shares
Petroleum-linked shares tumbled early Wednesday, on lower oil prices, pressuring US stocks, while some big technology shares were modestly positive. ...
Asia Markets End Week On Quiet Note As US Healthcare Bill Returns
Asian markets limped into the weekend, with energy firms still struggling after a bruising few days, while investors eye Donald ...
Ghana Projects Slight Drop In Fuel Price
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by ...
Local Fuel Prices To Drop Slightly
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by ...
Kuwait Parliament Passes Deficit Budget
Kuwait's parliament Thursday passed the budget for the 2017/18 fiscal year, projecting a deficit for the third year in a ...
Qatar Flight Ban Begins As Crisis Grows
Egypt is closing its airspace to Qatari planes in a growing diplomatic row, with Saudi Arabia and Bahrain expected to ...
Putin Talks Syria, Oil With Powerful Saudi Prince
Russian President Vladimir Putin on Tuesday discussed cooperation on oil and the conflict in Syria with powerful Saudi Deputy Crown ...
Declining Oil Prices Will Least Affect Ghana – Economist
Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices. The decision by ...
Declining Oil Prices Will Least Affect Economy – Economist
Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices. The decision by ...
Oil Price Plummets Despite Deal To Extend Output Cut
The price of oil has plummeted by about 5%, despite oil-producing nations agreeing to extend production cuts for a further ...
Wall Street Forges Higher Despite Oil Market’s Glum Mood
Buoyant trading in New York saw Wall Street set fresh records on Thursday, with US stocks recording their sixth consecutive ...