Big Oil Needs to Borrow to Cover Dividends and Share Buybacks | OilPrice.com Premium Content By Editorial Dept – Nov 01, 2024, 8:36 AM CDT Big Oil Needs to Borrow to Finance Own Share Buybacks – Oil majors have been reporting lower Q3 profits, suggesting that the era of windfall revenues is coming to an...Continue Reading
Exxon Beats Profit Estimates as Production Hits 40-Year High | 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 – Nov 01, 2024, 8:30 AM CDT ExxonMobil (NYSE: XOM) reported on Friday third-quarter...Continue Reading
A Mixed Earnings Season for Oil and Gas Giants | OilPrice.com Premium Content By Editorial Dept – Nov 01, 2024, 8:30 AM CDT Politics, Geopolitics & Conflict LIbya’s Akakus Oil Company said on Monday that production at the Sharara oilfield (the country’s largest) had hit 285,000 bpd, representing a 10,000-bpd increase in a week’s time...Continue Reading
Why the Energy Sector May be a Post-Election Safe Haven | OilPrice.com Premium Content By Editorial Dept – Nov 01, 2024, 8:30 AM CDT As readers here will know all too well, energy markets are notoriously volatile. The commodities that underlie them and therefore the stocks in the sector are subject to multiple influences such...Continue Reading
By Editorial Dept – Nov 01, 2024, 8:30 AM CDT World War III is a proxy war, almost in its entirety. And Russia’s proxies are no longer simply its “non-state” (formerly Wagner) mercenaries, which Putin now fully controls. Now, it’s North Korea, which is desperate for the leverage it can win by being one of...Continue Reading
Oil Prices Volatility Spikes as Demand Concerns Clash With Geopolitics | OilPrice.com Premium Content By Editorial Dept – Nov 01, 2024, 8:30 AM CDT Volatility in the Light Crude Oil Market: A Week in Review This week, crude oil (WTI) prices experienced substantial volatility, with light crude gapping sharply lower on Monday before clawing back...Continue Reading
Chevron Tops Q3 Earnings Forecast as Its U.S. Oil Output Jumps to Record | 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 – Nov 01, 2024, 7:30 AM CDT Chevron Corporation (NYSE:...Continue Reading
UK Offshore Oil and Gas Industry Says Standoff With Government Is Over | 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 – Nov 01, 2024, 6:32 AM CDT The UK offshore oil...Continue Reading
Australia Tax Overhaul Brings in Billions From Big Oil | 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 – Nov 01, 2024, 4:42 AM CDT Australia’s state coffers have seen a record-high tax haul...Continue Reading
Saudi Arabia May Cut Oil Prices for Asian Buyers Next Month | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 01, 2024, 3:26 AM CDT Saudi Arabia may reduce the official selling prices for most of its oil grades for Asian buyers next month, Reuters...Continue Reading
