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Energy Up on Oil Rally, Conoco Earnings -- Energy Roundup
Shares of energy companies rose after Conoco earnings and an up-tick in oil prices. Shares of Houston oil major ConocoPhillips rose as the exploration-and-production giant posted second-quarter adjusted earnings ahead of Wall Street targets. Oil…
Oil Industry Launches Lobbying Blitz To Block Trump Export Restrictions On Exxon (NYSE: XOM) And Chevron (NYSE: CVX)
The U.S. oil industry has shifted into emergency mode, mounting an aggressive campaign to prevent the Trump administration from restricting fuel exports to foreign countries. Industry executives say the business of exporting fuel has boomed since…
Ukraine says two Russian oil refineries hit, as Moscow targets energy sites
Ukraine has said it conducted multiple overnight strikes deep inside Russia, hitting two oil refineries, as well as patrol boats and other vessels in the Black Sea. President Volodymyr Zelensky said the Bashneft-Novoil and Slavneft-Yanos refineries…
Crude oil supplies at 45-year low
U.S. crude oil supplies are at a 45-year low as the Iran war continues to tarnish strategic reserves. Bank of America Global Research data shows that the level of the U.S. Strategic Petroleum Reserve is at its lowest level since 1983, leaving the…
Oil Rises Amid Supply-Disruption Concerns
2343 GMT — Oil rises in early Asian trade amid concerns over supply disruptions in the Middle East. The “Iranian-backed Houthi militant group said they had conducted a ‘large-scale' attack on forces from Yemen 's Saudi…
Oil Rises on Doubts That Strait of Hormuz Can Reopen Soon
Arab mediators working on a deal with Tehran to reopen the Strait of Hormuz said they fear Iran's diplomats, who are under pressure from the country's hard-liners, lack the clout to guarantee compliance even if an agreement is reached. Mediators…
Asian Stocks to Slip on Iran Concerns, Oil Climbs: Markets Wrap
Stocks in Asia looked set to edge lower Friday after a resurgence in geopolitical tensions jolted global markets, sending equities and bonds lower as oil jumped, reviving inflation concerns ahead of the US jobs report. Equity-index futures pointed…
Asian Government Bonds Fall Amid Rising Oil Prices
0115 GMT — Asian government bonds fall in price terms amid rising oil prices, which typically spur inflation and could prompt central banks to raise rates further. Global yields are moving higher, supported by firmer oil prices as optimism…
Ukraine hits two oil refineries deep in Russian territory
Ukraine said it has hit two oil refineries in multiple strikes deep inside Russia with patrol boats and other vessels in the Black Sea also hit. President Volodymyr Zelensky said the Bashneft-Novoil and Slavneft-Yanos refineries were struck in the…
Chevron's Kazakh Oil Field Accused of Waste-Storage Violation
The Chevron Corp. -led Tengiz oil field, the largest in Kazakhstan, has been accused by regional authorities of storing waste at the site without an appropriate permit. An unscheduled inspection of the Tengizchevroil LLP project by the Department…
Oil prices steady amid uncertainty over Iran war - TT
Gas prices are displayed at a Mobil gas station in Miami Gardens, Fla. (Marta Lavandier/AP) Oil prices are steady amid uncertainty about the direction of the U.S. war with Iran. Markets will get an update Aug. 7 on U.S. jobs with the monthly…
Oiles Corp 1Q Net Y1.08B Vs Net Y1.20B
Oiles Corp. (6282.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y16.83 bln Y16.70 bln Operating Profit Y1.87 bln Y1.68 bln Pretax Profit Y1.82 bln Y1.77 bln Net Profit Y1.08 bln Y1.20 bln Per share Earnings Y36.88 Y41.07 Results are…
Ukraine strikes more oil facilities deep inside Russia, Zelenskyy says
KYIV, Ukraine — Ukraine hit more oil facilities deep inside Russia in overnight attacks, President Volodymyr Zelenskyy said Thursday, as Kyiv kept up its campaign to undermine Moscow's wartime economy and embarrass the Kremlin. The repeated…
Ukraine strikes Russian oil refineries; 6 killed, dozens hurt in Ukraine
Aug. 6 (UPI) -- Ukraine said Thursday that it hit two oil refineries deep inside Russian territory in strikes overnight as well as tankers in Russia's so-called shadow fleet and Russian naval vessels in the Black Sea. Six people were killed and 28…
Ukraine Says It Hit Two of Russia's Oil Refineries Overnight
Ukraine struck two of Russia's oil refineries overnight, the latest in a flurry of attacks that show a resumption of the assault on the nation's fuel-production industry. Ukrainian forces hit the Yaroslavl refinery, one of Russia's largest…
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