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Shell’s profits fell by nearly a third in the second quarter as the UK oil major was hit by lower earnings from oil and gas ...
Oil prices fell sharply on Tuesday morning after reports of a ceasefire agreement between Israel and Iran eased fears of a severe supply shock. Prime Minister Benjamin Netanyahu said Israel agreed to ...
After fuel prices jumped by more than P5 per liter this week, the Department of Energy said motorists could expect a rollback of over P2 per liter next week.
Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...
Oil markets swiftly reversed initial panic after Israel’s June 13 strike on Iran, with Brent crude falling back below $70 per barrel as traders sensed the conflict would not escalate further.
Exxon Mobil's second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped with OPEC+ ramping up production.
The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil ...
Shell's second-quarter net profit tumbled by almost a third on Thursday, dragged down by a drop in oil prices, lower gas ...
As of July 31, the average price for a regular gallon of gas in Wisconsin was $2.93 — more than 50 cents lower than the same ...
Global shares rallied and the dollar extended declines on Tuesday after US President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over ...
The U.S. attack on Iranian nuclear facilities Saturday night has raised the risk that oil prices surge into the triple digits, but experts say that’s still a remote possibility.
Saudi Arabia's budget deficit narrowed to 34.534 billion riyals ($9.21 billion) in the second quarter, marking a 41.1% ...