By Editorial Dept – Jul 28, 2023, 9:00 AM CDT It’s 2023, and the oil markets have clawed their way through the covid muck and are holding their own through the energy transition–aided, of course, by the war in Ukraine and Europe’s energy crisis which breathed new life into the need for energy security. But...Continue Reading

Is It Time To Buy Big Oil? | OilPrice.com Premium Content By Editorial Dept – Jul 28, 2023, 9:00 AM CDT We are now into the meat of earnings season when it comes to big oil, with the major oil companies in all reporting over the next few days. The first of them, Shell (SHEL),...Continue Reading

A Tough Earnings Season For Big Oil | OilPrice.com Premium Content By Editorial Dept – Jul 28, 2023, 9:00 AM CDT Politics, Geopolitics & Conflict The beginning of this week saw a drone attack in the center of Moscow, near the Russian Defense Ministry building, just a day after Ukraine said it would retaliate for...Continue Reading

Rising Gasoline Prices Boost Inflation Concerns | OilPrice.com Premium Content By Editorial Dept – Jul 28, 2023, 9:00 AM CDT 1. Gasoline Becomes an Inflation Scare Again – Gasoline prices have been experiencing an unexpected surge lately, with New York futures soaring to a nine-month high of $2.9 per gallon, whilst prices in Asia gained...Continue Reading

Exxon Misses Earnings Estimate With 56% Profit Decline | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 28, 2023, 8:00 AM CDT ExxonMobil (NYSE: XOM) missed analyst forecasts as it...Continue Reading

Chevron’s Earnings Drop On Lower Energy Prices, Weaker Refining Margins | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 28, 2023, 7:03 AM CDT Chevron (NYSE: CVX) reported on Friday...Continue Reading

Mexico Backs State Oil Giant Pemex With $4 Billion Capital Injection | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 28, 2023, 5:30 AM CDT Mexico’s state-owned oil giant Pemex,...Continue Reading

Russian ESPO Oil Price Surges On Strong Chinese Demand | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 28, 2023, 3:59 AM CDT Strong demand in China has sent the...Continue Reading

Saudi Arabia Ventures Into Copper And Nickel Mining | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Jul 28, 2023, 3:30 AM CDT Saudi Arabia is making a foray into copper and nickel...Continue Reading

TC Energy To Spin Off Pipeline Business | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 28, 2023, 2:38 AM CDT TC Energy will split its operations into two separate companies, separating its liquids pipeline business from the rest. In a news release, the Canadian...Continue Reading