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Exxon Mobil's second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production.
Crude oil futures fell for a second straight session, ahead of a likely increase in production by OPEC+, while a weaker than ...
Earnings watch - Notable companies due to report include Palantir Technologies ( PLTR ), MercadoLibre ( MELI ), Wayfair ( W ) ...
Oil futures fell for a second straight session as a weak U.S. employment report added economic worries to concerns about U.S. tariffs curbing demand.
Oil prices $2 a barrel on Friday because of jitters about a possible increase in production by OPEC and its allies, while a weaker-than-expected U.S. jobs report fed worries about demand.
OPEC+ is inching toward a pivotal decision this weekend: whether to greenlight another 548,000 bpd in production hikes for ...
SUPPLY AND DEMAND: OPEC+ production increases are expected to continue into September, with the full extent of the 2.2 million barrels a day of voluntary production cuts returned to the market.
Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...
Exxon Mobil’s second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ...
OPEC+ emphasized that the decision was made against the backdrop of the current stable fundamental factors on the oil market reflected in low global reserves ...
Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over ...
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