Greenwashing campaign
Major oil companies have engaged in a "long-term greenwashing campaign" while making "record profits at the expense of American consumers", as the Democrat-led House Oversight Committee found after a year-lo...
Chevron in Venezuela
The US Treasury Department on Friday announced that it had extended the general licences of US oil and gas company Chevron and four other corporations to do business with Venezuelan state oil compan...
New record
The cost of gasoline at gas stations in the US has once again hit an all-time high, reaching $4.523 per gallon (3.785 litres). This is evidenced by data released on Tuesday by the nonprofit American...
Last day of trading this week
US stock indices fell slightly on Friday as investors continued to digest policy signals from the Federal Reserve.
The Dow Jones Industrial Average index fell 63.46 points to 34,520.11, while the S&P 500 and Nasdaq...
Falling at the start of trading
The New York Stock Exchange opened Thursday with key indices down 0.3-0.4%.
The Dow Jones Industrial Average fell 133.76 points (0.38%) to 35,095.05 in the first minutes of trading.
The S&P 500 index lost 13.15 ...
After the close of trading
The NYSE closed Wednesday with a decline in key indices on the back of higher oil prices.
The Dow Jones Industrial Average fell 65.38 points (0.19%) to 35,228.81.
The S&P 500 index lost 29.15 points (0.63%) to 4,602....
Petrol in the US
US President Joe Biden will give a speech at the White House on Thursday on measures to combat rising petrol prices in the United States. This is stated in the schedule of the US leader circulated by the White House on Wednesday.
B...
US inflation
The US consumer price index rose by 7.9% in February against forecasts of 7.8%, the biggest annual increase since Jan. 1982.
After a jump of 7.5% in January, US cons...
Stock market on Tuesday
US stock indices were mixed in early trading ahead of President Biden's likely announcement that the US will ban all Russian oil imports at 10:45am ET.
The Nasdaq Composite, which entered Monday's bear market, was down 0.5 p...
Stock market on Wednesday
Key indices on the New York Stock Exchange rose by 0.4-0.5% at the beginning of Wednesday's trading session, showing positive dynamics for the first time in a week amid the situation around Ukraine.
According to data poste...
Oil spill
A US federal grand jury on Wednesday indicted Texas-based US company Amplify Energy for an oil spill off the coast of Orange County, California, in October that released about 25,000 gallons (95,000 litres) of...
Omicron not a threat to the economy
US stock futures are set for a third day of gains as investors bet that the new variant of the COVID-19 virus will not pose a major threat to the economy.
Major futures indices are anticipating a 0.3% rise at the...
Economic growth
The energy crisis is gaining momentum, with oil and gas shortages likely to affect the world through rising prices. Experts predict rising inflation, a slowing economy and increased instability. Shares in oil and ...
Brent price today
Oil prices rose on Monday after falling for seven consecutive sessions, the longest such period since February 2018.
The market was supported on Monday by reports that Chinese authorities were able to contain a new wave of COVID-1...
Exxon's shares and dividend
Exxon shares rose 3.64% on Tuesday to their highest in almost 1.5 years after receiving a "buy" rating and a high target price from Bank of America. This was preceded by a rise in oil prices and long-awaited changes to Ex...
European market
The European stock market rallied on Tuesday thanks to gains by Volkswagen AG Vz (DE:VOWG_p), but new worries over COVID-19 intensified.
Germany's DAX index traded 0.5% higher, France's CAC 40 rose 0.1% and Britain's FTSE was up 0.5...
Oil rises in value
Oil prices are rising steadily amid rising tensions in the Middle East. The Saudi-led coalition at the weekend announced it had intercepted an explosives-laden drone launched by the Husis towards Abha airport in south-western Saud...
Oil production growth
ExxonMobil can reduce its huge debt and boost revenues and profits by ramping up production of cheap oil offshore Stabroek Block in the Guyana-Suriname basin. The production price of Brent crude from one of the fields: $35 a ba...
US stockpile cuts and oil price rises
Oil rose on Wednesday as hopes of US stimulus and a reduction in US inventories supported prices.
Brent crude futures rose 0.18 per cent to $51.18 a barrel, while WTI added 0.33 per cent to $48.16 a barrel.
Oi...
The rise in the oil price stopped
On Friday, oil prices continued to rise, but by this morning the information background had noticeably deteriorated.
Weekly statistics from Baker Hughes continue to point to increased drilling activity in the US. L...
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