NEW YORK (Bloomberg) - Crude oil jumped the most since early January as the trade deadlock between the worlds biggest economies showed signs of easing, calming fears that global economic growth would be endangered. Futures surged as much as......【More】
2019-08-14HOUSTON (Bloomberg) - Oil surged to start the U.S. session as investors weighed the latest steps from Saudi Arabia following a selloff earlier in the week. WTI rose as much as 4.1% in New York, but is still on track to lose about 2% this we......【More】
2019-08-12NEW YORK (Bloomberg) - Oil plunged, re-entering bear-market territory, as a surprise increase in American fuel stockpiles fueled worries about a growing glut, feeding into an increasingly dismal economic view. Futures in New York fell as mu......【More】
2019-08-08HOUSTON (Bloomberg) - Exxon Mobil and Chevron arent fazed by the drilling mistakes and funding hurdles smaller shale producers are running into in the Permian basin. The North American supermajors said Friday their strategy for the prolific......【More】
2019-08-06(Bloomberg) - A corporate tax rate cut in the oil-rich province of Alberta, where both ExxonMobil and Chevron have operations, boosted Exxon s second-quarter profit by almost $500 million, according to a statement Friday. Chevron noted a $1......【More】
2019-08-05NEW YORK (Bloomberg) - Oil surged as the Federal Reserve moved toward a rate-cut to boost the economy even as lingering tensions with Iran threatened to choke Middle East supplies. Futures in New York closed 2.1% higher for a fourth straigh......【More】
2019-07-31NEW YORK (Bloomberg) - Oil rose the most in almost three weeks on speculation that demand will get a bump from a potential U.S. Federal Reserve rate cut aimed at spreading economic benefits more broadly. Futures in New York rose 1.2%, exten......【More】
2019-07-30NEW YORK - Oil prices fluttered near $56 a barrel in a volatile trading session that pitted gnawing doubts about global demand with supply threats from the Middle East and elsewhere. Futures were little-changed in New York, despite dueling......【More】
2019-07-29HOUSTON - Americas biggest owner of drilling rigs fell the most in seven months after the chief of Helmerich Payne said he called the bottom too soon. Three months ago, when Helmerich had 220 of its rigs hired out, CEO John Lindsay told inv......【More】
2019-07-26WASHINGTON The U.S. Energy Information Administration reports first-quarter 2019 results for 43 U.S. oil producers indicate they have increased shareholder distributions through dividends and share repurchases during the past two years, ave......【More】
2019-07-25