Saudi Aramco’s Profit Drops, Hit by Lower Oil Prices, Output
[ad_1] The majority state-owned oil company boosted its dividend, highlighting the kingdom’s dependence on oil revenues. [ad_2] Source link
Crude Oil Markets
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Saudi Arabia Sought to Push Oil Prices Higher. Markets Had Other Ideas.
[ad_1] Higher-than-expected production and concern about slowing demand have been weighing on crude. [ad_2] Source link
Oil Prices Under Pressure on Economic Fears and Gusher of Russian Supply
[ad_1] With a slowing global economy crimping demand, Moscow appears not to have followed through on pledges to ax output….
U.S. Oil Inventories Drop as Refinery Activity Speeds Up
[ad_1] U.S. commercial inventories of crude oil fell dropped by 4.6 million barrels last week, surpassing expectations, as refinery activity…
Oil Prices Surge 6.3% in Steepest Rise in Over a Year
[ad_1] A Saudi Arabia-led production cut vaulted crude prices 6.3% higher in their steepest one-day increase in nearly a year,…
Dow Futures Inch Up as Oil Prices Jump
[ad_1] Markets U.S. Markets Crude oil prices gain on surprise Saudi-led production cut [ad_2] Source link
High Oil Prices Lift Saudi Arabia, Bolster Prince’s Economic Plans
[ad_1] World Middle East A bonanza of extra revenue shows how elevated crude prices are benefiting the Persian Gulf’s resource-rich…
European Differences Over a Russian Oil Price Cap Persist
[ad_1] Officials remain optimistic about reaching a deal aimed at limiting Moscow’s oil revenue. [ad_2] Source link
EU Talks on G-7’s Price Cap for Russian Oil Stall but Deal Still Seen Likely
[ad_1] World Differences over price-cap level delay agreement on mechanism intended to crimp Russian oil revenues [ad_2] Source link
WSJ News Exclusive | Western Allies Aim to Agree on Russian Oil Price Cap Wednesday
[ad_1] Officials are discussing setting the price cap at around $60 a barrel, as the group rushes to finalize the…