Oil Futures Fall Ahead of OPEC+ Meeting
Crude futures posted back-to-back weekly losses as the market awaits the outcome of the OPEC+ weekend meeting.
Exxon, Chevron Profits Fell Ahead of Tariff-Driven Oil Slump
The major oil companies' results were hurt by narrow refining margins, lower oil prices and rising costs.
Shell Launches $3.5 Billion Buyback After Earnings Beat Expectations
The results were the company's first since its March capital markets day, when it said it would grow top-line production and increase shareholder returns over the next five years.
Energy & Utilities Roundup: Market Talk
Find insight on Shell, oil futures and more in the latest Market Talks covering the energy and utilities sector.
Equinor Sells Stake in Brazil's Peregrino Oil Field for $3.5 Billion
Equinor's Brazilian subsidiary has signed an agreement to sell its interest in the Peregrino field to Prio Tigris, a unit of PRIO SA, Brazil's largest independent oil-and-gas firm, the company said Friday.
U.S. Crude Oil Stockpiles Post Unexpected Decline
U.S. crude oil inventories fell unexpectedly last week as exports increased and refineries raised their capacity use, according to data released Wednesday by the U.S. Energy Information Administration.
Wall Street Lowers Oil Price Forecast as Trade War Weighs on Demand
Brent crude is expected to average $68.23 a barrel this year, while West Texas Intermediate is projected at $64.60 a barrel, an April survey showed.
Trump Ally Lindsey Graham Pushes Russia Crackdown
The South Carolina senator is building support for new sanctions on Moscow and tariffs on countries that buy Russia's oil.
SolarWinds Security Chief Tim Brown Hopes the SEC Will Dismiss Charges
The CISO discusses personal legal liability for cyberattacks; 'I ended up having a heart attack the week that I was notified.'
TotalEnergies Keeps $2 Billion Buyback Despite Weak Oil Prices
The company said it would continue to buy back up to $2 billion of shares over the second quarter despite a softening price environment.
(END) Dow Jones Newswires
May 05, 2025 00:00 ET (04:00 GMT)
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