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HOUSTON] ExxonMobil expects lower oil and gas prices to reduce the company’s earnings by about US$1.5 billion as a volatile ...
In April, Trump unveiled a tariff base rate of 10% on most countries, and additional duties ranging up to 50%, although he later delayed the effective date for all those except the 10% rate until July ...
Exxon Mobil Corp. late Monday warned investors that its second-quarter profit may take a hit of more than $1 billion from ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
The Trump administration on Monday wound down a license allowing shipments of liquefied petroleum gas (LPG) to Venezuela's ...
Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...
US stocks extend losses, downabout 1%, near miidday after Trump announces 25% tariffs on Korea and Japan. Tesla bleeds on ...
August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...
Average gasoline prices in Eugene have decreased by 9.5 cents per gallon over the past week, now averaging $3.88 per gallon.
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.
Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals days before US ...
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