NEW YORK (Reuters) - U.S. consumer prices decelerated in July as gasoline prices dropped sharply, raising hopes the U.S. Federal Reserve may dial back its aggressive path of interest rate...
By Ann Saphir (Reuters) – Traders slashed bets the Federal Reserve will deliver a third straight 75-basis-point interest rate increase in September after data released Wednesday showed...
Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug a liquefied natural gas (LNG) supply gap after several outages hampered efforts to fill...
Oil production at the BP-led Azeri–Chirag–Gunashli project in Azerbaijan reached 12 million tonnes in the first seven months of 2022, down from 13.3 million tonnes in the same period of...
DENVER (Reuters) – Oil major BP on Monday said it has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said.
SAO PAULO (Reuters) – British oil major BP and U.S. commodities trader Bunge Ltd have put their Brazilian sugar and ethanol joint venture BP Bunge Bioenergia up for sale, newspaper Valor...
Applications for state tax exemption in Texas reveal who actually benefit from subsidies for wind and solar projects
Treasury yields tick higher Wednesday as investors weigh data on the U.S. services sector, more remarks by Federal Reserve officials and await jobs data.
Europe’s embattled energy majors are warming up to increased investment in oil and gas amid intense regional energy security concerns, dwindling production metrics, triple digit oil prices...
By Ron Bousso, Shadia Nasralla and Sabrina Valle LONDON (Reuters) - The West's energy giants are set to return a record $30 billion to investors after reporting bumper profits in the second...
Refiners in the Asia-Pacific region have been raising runs and output, for the most part, although some have reduced processing as demand has been affected by high fuel prices. ** The...
By Cynthia Kim SEOUL (Reuters) – South Korea’s residential property prices are likely to drop by up to 2.8% in two years with a full percentage point hike in policy interest rate,...
By Ron Bousso and Shadia Nasralla LONDON (Reuters) - BP (LON:BP)'s second quarter profit soared to $8.45 billion, its highest in 14 years, as strong refining margins and trading prompted...
By Geoffrey Smith Investing.com -- Chinese markets tumble and risk assets struggle as Nancy Pelosi's visit to Taiwan raises the risk of a U.S.-China confrontation. The Labor Department...
Investing.com - BP (LON:BP) ADR reported second quarter {{erl-21257||earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts. The firm reported earnings...
Investing.com - BP (LON:BP) reported on Tuesday second quarter {{erl-284||earnings that beat analysts' forecasts and revenue that topped expectations. BP announced earnings per share of...
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP on Tuesday reported a second quarter profit of $8.45 billion, its highest in 14 years, as strong refining margins and oil trading...
U.K. oil giant BP on Tuesday reported bumper second-quarter profits, benefitting from a surge in commodity prices.
By Ron Bousso LONDON (Reuters) – Big Oil has never had it so good, and its immediate priority is rewarding shareholders.
Here's a look at what to expect when these four companies report quarterly results before U.S. markets open Tueday morning.
The world’s largest energy traders, independents and majors, are poised to post record earnings for the first six months of the year due to volatility in markets caused by the Ukraine war...
TD are looking for more aggressive hikes from the Bank of Canada ahead, at the next two meeting:We look for the BoC to lift the overnight rate by 75bps at its September meeting, and again by...
Refiners in Europe are taking decisions on new renewables projects. Shell has taken a final investment decision to build the 200-MW Holland Hydrogen I electrolysis plant, on course to be...
In past booms, oil companies have been the fabled grasshopper in summer, enjoying the good times while laughing at the ants storing up food for winter. Cash has been ploughed into more...
(Reuters) -British aero-engine maker Rolls-Royce on Tuesday named former BP executive Tufan Erginbilgic as its new CEO, succeeding Warren East who is stepping down at the end of this...
The ECB hiked by 50 basis points, sending the EURUSD to key resistance near the 50% of the move down from the June 27 high. Get above is more bullish. The support is defined at 1.02198. The...
By Geoffrey Smith Investing.com -- U.K. inflation rose to its highest in 40 years in June, as big monthly rises at both the consumer and producer price levels pointed to continued strong...
By Gwladys Fouche OSLO (Reuters) -Norwegian oil company Aker BP posted upbeat second-quarter results on Wednesday and said it will raise its dividend payments in the second half of the year,...
By Geoffrey Smith Investing.com -- The European Central Bank will discuss raising its official interest rates by 50 basis points on Thursday, not just the 25 basis point rise it has...
BP Azerbaijan is not planning to pump oil through the Baku-Supsa pipeline in August and will instead redirect next month’s volume to the Baku-Tbilisi-Ceyhan pipeline, Vice-President...
By Zhang Mengying Investing.com – Gold was up on Monday morning in Asia over a pullback in the U.S. dollar as investors’ bets of a 100-basis-point interest rate hike from the U.S. Federal...
Noting this from the Reserve Bank of New Zealand for those interested. Standing Repo Facility will allow for eligible counterparties to lend NZD overnight and from tomorrow to the next day,...
By Geoffrey Smith Investing.com -- The Federal Reserve may need to raise interest rates by a full percentage point at its next meeting, Fed Governor Chris Waller said on Thursday. Waller...
By Sonali Paul SYDNEY (Reuters) – BP Plc is aiming to start producing sustainable aviation fuel (SAF) in Australia by 2025 after converting its oil refinery near Perth to produce...
OTTAWA, July 13 (Reuters)- The Bank of Canada surprised on Wednesday with a full-percentage-point increase to its policy rate, a super-sized hike last seen in 1998, citing “higher and more...
By Julie Gordon OTTAWA (Reuters) – The Bank of Canada on Wednesday is expected to make its largest interest-rate increase since the late 1990s as the central bank hastens tightening to...
Investing.com – U.K. equities were higher at the close on Tuesday, as gains in the Financial Services, General Industrial and Electrical sectors propelled shares higher. At the close in...
Monday's top analyst upgrades and downgrades included Affirm, American Airlines, BP, Colgate-Palmolive, Costco Wholesale, Diebold Nixdorf, Healthpeak Properties, Howmet Aerospace, Huntington...
NEW YORK (Reuters) - A deteriorating inflation situation and concern about lost faith in the Federal Reserve's power to make it better prompted U.S. central bank officials to rally around an...
(Reuters) – Australia’s “big four” lenders raised their home loan variable interest rates on Wednesday by 50 basis points (bps) per annum, passing on the central bank’s third consecutive...
Investing.com – U.K. equities were higher at the close on Monday, as gains in the Oil & Gas Producers, Mining and Mobile Telecommunications sectors propelled shares higher. At the close in...
By Sabrina ValleHOUSTON (Reuters) -Oil producer BP (LON:BP) PLC on Wednesday joined Shell (LON:RDSa) PLC in pledging to cover travel expenses for U.S. employee health care treatment...
Investing.com – U.K. equities were lower at the close on Friday, as losses in the Oil & Gas Producers, Industrial Metals & Mining and Fixed Line Telecommunications sectors propelled shares...
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