Oil prices rise as dollar slips to 18-month low against yen
Oil prices rose on Tuesday as the dollar slipped to an 18-month low against the yen, potentially spurring fuel…
Browsing Tag
Oil
IEA chief says oil price decline depends on global growth
International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing…
Refining’s silver lining loses luster at Exxon and Chevron
Exxon Mobil Corp and Chevron Corpon Friday reported their most dismal quarterly results in more than a decade on…
Crude oil prices take a breather after hitting 2016 highs
Crude futures pulled back from 2016 highs on Thursday as traders locked in profits after April's sharp rally, but…
Asia stocks slip with central banks in focus, oil holds gains
Asian stocks were mostly lower on Wednesday, as investors stayed cautious ahead of U.S. and Japanese central bank…
Oil prices jump on weak dollar, strong investor appetite
Crude oil futures rose around half a dollar on Wednesday and remained near 2016 highs on the back of strong…
Aramco value to top $2 trillion, less than 5% to be sold, says prince
Saudi Arabia expects state oil company Saudi Aramco to be valued at more than $2 trillion and plans to sell less…
Saudi prince unveils sweeping plans to end ‘addiction’ to oil
The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the…
BP eyes more spending cuts after 80% profit drop
BP (BP.L) said on Tuesday it could cut capital spending further after reporting an 80 percent drop in profits in…
Oil prices dip on looming production race between Saudi Arabia, Iran
Crude oil futures dipped on Tuesday as analysts warned of an intensifying producer race between Saudi Arabia and…