Highlights: Exxon Mobil Corporation (NYSE: XOM) reported revenue of over US$90 billion in the first quarter of fiscal 2022. Chevron Corporation (NYSE: CVX) stock surged more than 43% YTD. ConocoPhillips (NYSE: COP) reported a revenue of US$19....
Highlights: The Russian invasion of Ukraine drove global oil prices higher. Higher oil prices benefitted the oil majors in reaping generous profits. Exxon Mobil Corp and Chevron Corp saw strong Q1 profits. As global oil prices skyrocketed...
Highlights Crude oil prices settled nearly 4% higher on Wednesday. The prices of both oil benchmarks are nearly 70% up over the last year. OPEC has reduced its 2022 crude oil demand forecast. Crude oil prices jumped nearly 4% on Wednesday...
Highlights: ConocoPhillips (NYSE: COP) will report its first-quarter fiscal 2022 earnings on May 5. EOG Resources, Inc. (NYSE: EOG) will report its first-quarter results on May 6. Devon Energy Corporation (NYSE: DVN) to report its Q1 FY2022 re...
Highlights Exxon Mobil Corporation (NYSE: XOM) revenue surged over 82% in Q4, FY21. Chevron Corporation's (NYSE: CVX) revenue was US$162.46 billion in fiscal 2021. Schlumberger N.V. (NYSE: SLB) revenue jumped 13% YoY in Q4, FY21. The glob...
The ongoing conflict between Russia and Ukraine has fuelled a rally in the commodity market. The prices of most of the commodities ranging from crude oil to agricultural products have surged to multi-year high levels. Shipping disruptions coupled ...
Highlights Oil prices rose to record highs amid fears of supply disruption due to the Ukraine crisis. On Feb 11, oil prices saw an eight-year high over the mounting Russia-Ukraine tension. The OPEC+ countries missed their output ...
Highlights The SM Energy stock price rose by over 317% over the past 12 months. Callon Petroleum’s revenue jumped around 90% YoY in Q3, FY21. Enerplus will release its financial results for Q4, FY21, on February 24. The oil an...
Oil prices started surging with the rising demand. The Federal Reserve’s upbeat outlook towards economic recovery boosted consumers' sentiments, and the investors are looking forward to ending this year on a high note. The US Energy Informat...
Highlights The US will release millions of barrels of oil in collaboration with China, India, Britain, and others. Northern Oil and Gas, Inc. (AMEX: NOG) stock surged over 132% YTD. Devon Energy Corporation (NYSE: DVN) revenue rose over 69% Yo...