Ripple In The Pond – Oil & Gas In 2022

Happy New Year friends and investors! What an amazing new year it is likely to be. Like a bolder dropped in a pond, the virus produced a huge implosion of…

Shell (RDS.A) Hits Oil in Gulf of Mexico’s Blacktip North Prospect

This story originally appeared on Zacks A subsidiary of Royal Dutch Shell (RDS.A) recently made a major oil discovery at the Blacktip North prospect in the Alaminos Canyon block 336 in the…

U.S. Futures, Oil Rise as Traders Evaluate Omicron: Markets Wrap

(Bloomberg) — U.S. equity futures, crude oil and Treasury yields climbed Monday as investors tried to calibrate economic risks from the omicron coronavirus strain, bringing some calm back to markets.…

BP posts $3.3 billion third-quarter profit, beating estimates as oil prices surge

Oil and fuel large BP defeat 3rd-quarter earnings anticipations on Tuesday, fueled by surging electricity charges. The British vitality important posted an underlying substitute value revenue, a proxy for internet…

Exxon And Chevron Post Blockbuster Earnings Amid Oil Price Rally

It was supposed to be a blockbuster quarter for energy names thanks to the ongoing surge in oil prices and it did not disappoint: earlier today Chevron reported stellar Q3…

Oil giant Shell misses on profit as Dan Loeb calls for break up

Gasoline price ranges at a Royal Dutch Shell Plc gas station in San Francisco, California, U.S., on Wednesday, July 7, 2021. David Paul Morris | Bloomberg | Getty Photos LONDON…

Big Oil Is About to Post Highest Cash Flow in More Than 13 Years

(Bloomberg) — The Western world’s biggest oil companies likely just generated more cash than at any time since the Great Recession, and investors are about to find out what they’ll…

Brent Oil Tops $86 as Saudi Arabia Vows Caution on OPEC+ Supply

(Bloomberg) — Oil rallied above $86 a barrel after Saudi Arabia said that the OPEC+ alliance should maintain its cautious approach to managing global crude supplies given the threat to…

Peak Oil Demand Forecasts Turn Sour As Demand Keeps Growing

In the mind of many a news consumer, oil is on its way out. So is coal. So is gas, although that one might stick around for a little longer.…

Oil Falls From 7-Year High as China Seeks to Ease Energy Crisis

(Bloomberg) — Oil fell from the highest level in seven years as China unleashed measures aimed at stabilizing its power supplies for the winter, while a U.S. industry report pointed…