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BP says lower oil prices will weigh on earnings
BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an increase in production and higher refining margins. In a trading update on Friday, BP said it expected earnings in its oil business to be $600mn-$800mn lower in the three months to the end of June than the previous quarter.
The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...
Oil prices are set to end the week higher after Trump delayed his tariffs and the Houthis sunk ships in the Red Sea.
Midland Reporter-Telegram on MSN1h
East Daley: Permian operators to maintain slower growth amid lower pricesRob Wilson of East Daley notes that prices rode a roller coaster in the second quarter, plunging early in the quarter on ...
Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...
A big drop in crude prices year over year leaves Alaska, reliant on oil for revenue, at the bottom of CNBC’s annual Top ...
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...
Oil prices steadied in early trading on Friday following a 2% drop in the previous session that was driven by U.S. President ...
Oil bull Josh Young tells CNBC's Dan Murphy that OPEC's latest World Oil Outlook forecast could set the stage for a long-term ...
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