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[ad_1] DUBAI, United Arab Emirates — Oil giant Saudi Aramco reported a first-quarter profit on Tuesday of $31.88 billion, down nearly 20% from the same period...
[ad_1] Oil demand is likely to hold up longer than many people expect during the anticipated transition to electric vehicles. And changes in the industry point...
[ad_1] Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts [ad_2] Source link
[ad_1] The Organization of the Petroleum Exporting Countries and its allies said they decided Sunday to cut production in an effort to support oil-market stability, but...
[ad_1] Surprise crude oil production cuts from Saudi Arabia and other oil-rich countries shouldn’t produce worries of skyrocketing gas costs for U.S. drivers still smarting from...
[ad_1] DUBAI, United Arab Emirates — Saudi Arabia and other major oil producers on Sunday announced surprise cuts totaling up to 1.15 million barrels per day...
[ad_1] Oil prices spiked late Sunday, after Saudi Arabia led a surprise oil production cut across several OPEC+ nations that will remove more than 1 million...
[ad_1] SACRAMENTO, Calif. — California lawmakers on Monday approved the nation’s first penalty for price gouging at the pump, voting to give regulators the power to...
[ad_1] SACRAMENTO, Calif. — California lawmakers on Monday approved the nation’s first penalty for price gouging at the pump, voting to give regulators the power to...
[ad_1] DUBAI, United Arab Emirates — Oil giant Saudi Aramco reported Sunday its profits surged to $161 billion last year off higher crude prices, a record...
[ad_1] BANGKOK (AP) — Shares fell Monday in Asia after Wall Street benchmarks closed out their worst week since early December. U.S. futures edged higher while...
[ad_1] BRUSSELS — U.S. Treasury Secretary Janet Yellen said Friday that industrialized countries in the Group of Seven are imposing a price cap on refined Russian...
[ad_1] NEW YORK — Exxon Mobil posted record annual profits in 2022 as Americans struggled with high prices for gasoline, home heating and consumer goods. The...
[ad_1] Stocks that traded heavily or had substantial price changes Friday: Wynn, Marathon Oil rise; Microsoft, Lowe’s fall NEW YORK — Stocks that traded heavily or...
[ad_1] Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies...
[ad_1] BRUSSELS — European Union and southeast Asian countries commemorated 45 years of diplomatic ties Wednesday at a summit overshadowed by political distractions in Europe, ranging...
[ad_1] Benchmark U.S. crude oil for January delivery fell $3.05 to $76.93 a barrel Monday. Brent crude for February delivery fell $2.89 to $82.68 a barrel....
[ad_1] BANGKOK — Shares advanced in Europe and Asia on Thursday after a rally on Wall Street spurred by the Federal Reserve chair’s comments on easing...
[ad_1] NEW YORK — Stocks are wavering in early trading on Wall Street ahead of a speech by Jerome Powell, the chair of the Federal Reserve,...
[ad_1] TOKYO — Asian shares were mostly higher Tuesday as jitters over protests in China set off by growing public anger over COVID-19 restrictions subsided. U.S....