Commodities

On the whole, the ban on Russian crude oil has worked well. It has lowered revenues for Russia without causing the global oil price to spike. The upcoming ban on…
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Those who built the oil industry had to be good at two things: finding the black stuff and getting it out of the ground. BP, Shell and ExxonMobil are a few of the…
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Wall Street stocks rose on Friday after data showed consumer spending declined for the second consecutive month and that the Federal Reserve’s preferred measure of…
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Chevron announced record earnings for 2022 but its fourth-quarter profits slipped from previous months in a sign that Big Oil’s cash surge is cooling after fossil fuel…
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The air has leaked from Party City’s balloons, in more ways than one. Filing for bankruptcy this month, Party City cited the usual factors troubling US retailers such as…
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Wall Street equities edged higher on Thursday after the US economy proved to be more resilient than expected in the final quarter of 2022. The benchmark S&P 500 was…
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Oil companies will defy the gloom overshadowing many other industries when they start to report earnings this week, with analysts forecasting tens of billions of dollars…
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Capricorn Energy’s longstanding chief executive and chair are among the seven directors departing the board of the Scottish oil and gas group as they admit defeat…
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US miner Albemarle, the world’s largest lithium producer, has raised its earnings guidance and sales targets, saying the US Inflation Reduction Act has boosted the…
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