Oil and Gas
U.S. crude oil jumps more than 3% after Hamas political leader assassinated in Tehran
U.S. crude oil futures jumped more than 3% on Wednesday after Hamas political leader Ismail Haniyeh was assassinated in Tehran, Iran, renewing fears that the Middle East is teetering on the brink of a regional war. Here are Wednesday’s energy prices: West Texas Intermediate September contract: $77.28 per barrel, up $2.55, or 3.51%. Year to date, […]
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Oil major BP raises dividend as second-quarter profit beats expectations
A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter and raised its dividend despite previously warning of significantly lower refining margins. The oil […]
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U.S. crude oil falls nearly 2% as traders unfazed by Israel-Hezbollah escalation
Smoke billows following an Israeli airstrike in the southern Lebanese border village of Chihine on July 28, 2024. Kawnat Haju | Afp | Getty Images U.S crude oil futures fell nearly 2% on Monday as traders appeared unfazed by the risk of a widening war between Israel and the Iran-backed militia Hezbollah. A rocket fired […]
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CNBC Daily Open: Dow drops, Netflix beats estimates, Nvidia rebounds
Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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CNBC Daily Open: Rising geopolitical risk
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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CNBC Daily Open: Dow jumps 700 points, gold hits record, HSBC new CEO
Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter […]
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CNBC Daily Open: Dow soars 700 points to record close
Traders work on the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like […]
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BP shares fall 3% right after warning of up to $2 billion impairment, weak refining margins
BP in 2020 set out its ambition to develop into a net zero enterprise “by 2050 or sooner.” Matt Cardy | Getty Pictures News | Getty Visuals BP shares dropped on Tuesday following the business flagged it expects to put up an impairment of up to $2 billion in the next quarter and warned of […]
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Power big Shell to consider up to a $2 billion impairment hit on Rotterdam, Singapore vegetation
The Shell brand is exhibited outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Photographs News | Getty Pictures Vitality big Shell on Friday mentioned it expects to file a article-tax impairment strike of up to $2 billion mostly linked to its Singapore and Rotterdam plants, though […]
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CNBC Each day Open up: Tesla powers S&P 500, Nasdaq to file highs
This report is from today’s CNBC Day-to-day Open up, our international markets e-newsletter. CNBC Each day Open up brings traders up to velocity on everything they have to have to know, no make any difference in which they are. Like what you see? You can subscribe in this article. Traders get the job done on the […]
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