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Oil is trading in ranges near break-evens for US shale producers, who told the Federal Reserve Bank of Dallas that they need WTI to stay above $65 to turn a profit. US shale is more sensitive to ...
Stronger refining margins are expected to contribute between $100 million and $300 million to first-quarter earnings while oil trading is expected to be flat, the company added. "We still expect ...
(Bloomberg) -- Gunvor Group is renewing its leadership team after taking some hits in crude oil trading last year including a bullish North Sea play that went wrong, according to Chief Executive ...
Equinor advised analysts on Wednesday to expect weak liquids and LNG trading results for the first ... thanks to higher oil and gas prices and rising refining margins.
The US imposed sanctions on an Iranian oil trading network on Thursday, including a China-based crude oil storage terminal. Nuclear talks in Oman between the US and Iran on Saturday will be given ...
which pointed out that Brent crude oil prices had “crashed by a whopping $13 per barrel (-21 percent) since [the] last Wednesday high, marking a significant decline in just four trading days”.
Oil prices continued to climb in late trading Wednesday, with benchmark U.S. crude futures rising to about $63 a barrel. That's up from Tuesday's settled price of $59.58, which was the lowest in ...
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