The Trump administration said it had an agreement with Venezuela’s government, but the country’s state-owned oil company said ...
Muir says it's not a bad time to own XLE, but also sees an opportunity in Canadian energy names, which sold off on Venezuela headlines as that country represents heavy crude competition. "The XEG ...
BP said it has agreed to sell a majority stake in its Castrol lubricants business to investment firm Stonepeak, a deal that values the entire division at $8 billion. Under the deal, BP is set to ...
Stephen Schork, the Principal and Editor of The Schork Group, discusses the different factors at play in the oil markets. He says the bigger downside risk for the oil market is a supply glut, with the ...
Gunvor said billionaire founder Torbjörn Törnqvist would leave the commodities-trading company and sell his stake to employees, less than a month after the Trump administration pilloried the firm over ...
Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. The ‘Big Oil’ quarterly earnings season ended last week, as one ...
Nov 7 (Reuters) - Abu Dhabi state oil firm ADNOC's trading unit plans to increase the volume it handles by two-thirds over the next few years as part of its international expansion, Bloomberg News ...
Indian Oil Corp. plans to start a joint venture with commodities trader Vitol Inc. in Singapore to trade oil and fuel products early next year, a person familiar with the development said. The ...
BP is undervalued, offering a strong dividend and steady cash returns amid cautious investor sentiment and negative headlines. BP's shift to core oil and gas operations, disciplined spending, and ...
Mega-cap integrated oil giants with rich and reliable dividends are among the best energy ideas now. With natural gas demand jumping at utilities providing electricity, the big integrated companies ...
BP Plc said weak oil trading undercut profit while production increased for a second straight quarter, offering investors a mixed snapshot as the energy giant continues efforts to improve performance.
British major BP on Tuesday raised its estimate for hydrocarbons production for the third quarter of this year, with higher gas output and stronger refining margins strengthening its performance, but ...