Latest in Oil Prices Suffer
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Exxon and Chevron suffer profit falls on lower oil prices
Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023Business - Financial Times - November 1 -
Oil prices suffer November drop as Middle East fears ease, OPEC+ delays meeting
Oil futures fell Friday, booking weekly and monthly losses after a cease-fire this week between Israel and Iran-backed Hezbollah helped soothe remaining worries over a wider conflict that could ...Business - MarketWatch - 7 hours ago -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - November 4 -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - November 5 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - November 8 -
Joe Biden’s overdue missile consent for Ukraine
Allies should provide Kyiv with all the aid they can ahead of the Trump presidencyBusiness - Financial Times - November 18 -
Starmer declines to rule out allowing Kyiv to use Storm Shadow missiles in Russia
UK premier under increasing scrutiny after Biden authorised deployment of US-supplied long-range weaponsBusiness - Financial Times - November 18 -
Chinese tech groups build AI teams in Silicon Valley
Alibaba, ByteDance and Meituan seek to poach top talent from US rivals despite Washington’s chip curbsBusiness - Financial Times - November 18 -
Shell Earnings Beat Views as Gas Trading Offsets Low Oil Prices
Shell’s earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors’ results over the third quarter.Business - The Wall Street Journal - October 31 -
Oil prices end higher as risk of Iranian strike on Israel grows
Oil futures finished higher on Thursday, contributing to a gain for the month, as traders weighed the growing risk of an Iranian attack on Israel that would further fuel tensions in the oil-rich ...Business - MarketWatch - October 31 -
Oil prices rise after Iranian commanders vow response to Israeli attack
Belligerent comments come as Tehran weighs options in wake of air strikesBusiness - Financial Times - November 1 -
Oil ends higher for a fifth straight session as traders await U.S. election results
Oil futures settled Tuesday with a fifth straight session gain as investors awaited the outcome of a contentious and close U.S. presidential election and weighed developments in the Middle East.Business - MarketWatch - November 5 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - November 6 -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - November 7 -
Oil prices post first gain in 3 sessions, but demand concerns prevail
Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the prospects for demand, which contributed to a retreat in the U.S. benchmark below ...Business - MarketWatch - November 12 -
Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.Business - MarketWatch - November 13 -
Oil prices settle higher but stay on track for a weekly loss
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back of strength in the U.S. dollar and the latest forecast from the ...Business - MarketWatch - November 14 -
Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the ...Business - MarketWatch - November 15 -
Oil prices end higher following latest developments in Russia-Ukraine war
Crude futures settled a bit higher on Tuesday as traders tracked developments in the Russia-Ukraine war that looked to raise the risk of oil-supply disruptions from one of the world’s largest ...Business - MarketWatch - November 19 -
Oil prices end lower as U.S. supplies rise for a third week
Oil futures settled lower on Wednesday, as a third straight weekly rise in U.S. crude supplies and worries about global demand outweighed support from a “meaningful escalation” this week in ...Business - MarketWatch - November 20 -
Oil prices near 2-week high on further escalation in Russia-Ukraine missile exchange
Oil prices climbed Thursday, with U.S. and global benchmark crude trading at their highest levels in nearly two weeks, as traders monitored reports from Ukraine claiming Russia had launched an ...Business - MarketWatch - November 21 -
Oil prices drop as talk of Israel-Hezbollah cease-fire cuts ‘security premium’
Oil futures ended lower Monday, with talk of a potential cease-fire deal between Israel and Lebanon-based Hezbollah leading prices to shrink their ”security premium,” pulling global benchmark crude ...Business - MarketWatch - 4 days ago -
Oil prices finish lower, pressured by an Israel-Hezbollah cease-fire deal
Crude futures settled slightly lower on Tuesday as a cease-fire deal between Israel and Iran-backed Hezbollah eased concerns about risks to supplies in the oil-rich Middle East.Business - MarketWatch - 3 days ago -
Oil prices end mixed as attention turns to OPEC+ decision on crude production
U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict.Business - MarketWatch - 2 days ago -
Oil prices lifted by report Iran may be planning another major strike on Israel
Oil futures finished higher on Friday, finding support after a news report that Iran may be planning another major strike on Israel.Business - MarketWatch - November 1 -
Oil prices end at highest in a week after OPEC+ delays output hike by another month
Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...Business - MarketWatch - November 4