Oil prices mixed; Brent eases as trade tensions weigh
Oil prices were mixed on Monday with U.S. benchmark WTI nudging higher after four weeks of declines, while Brent began the week lower. Source: CNBC RSS...
Oil prices were mixed on Monday with U.S. benchmark WTI nudging higher after four weeks of declines, while Brent began the week lower. Source: CNBC RSS...
First Solar reported a surprise loss for the second quarter as revenues badly missed expectations and the company knocked down its full-year forecast for gross margins. Source: CNBC RSS...
Houthi rebels in Yemen, with support from Tehran, have been ramping up attacks on Saudi oil tankers in the Bab el Mandeb Strait, the world's fourth-largest oil chokepoint. As tensions with the US grow, this is only set to intensify. Source: CNBC RSS...
After facing liability in wildfires last October, PG&E said Thursday that its insurance premium costs are significantly higher and it plans to transfer some of the financial risk to insurance and capital markets in agreements in the coming days. Source: CNBC RSS...
Chevron's plan to return cash to shareholders offset the impact from quarterly results that missed on the top and bottom lines, which initially sent the stock price lower. Source: CNBC RSS...
Exxon Mobil reported second quarter earnings per share of 92 cents, adding another miss to a series of profit disappointments. Source: CNBC RSS...
Oil prices edged down on Friday after three days of gains, but were still supported by Saudi Arabia's halt on transporting crude through a key shipping lane and falling U.S. inventories. Source: CNBC RSS...
If Europe started buying US natural gas, that would help lessen its dependence on Russia. But, there's one catch: Russian gas is cheap, The New York Times reports. Source: CNBC RSS...
Europe added almost 4.5 gigawatts of wind energy capacity in the first half of 2018. Source: CNBC RSS...
Oil giant Royal Dutch Shell has posted a 30 percent rise in profits but fell short of expectations. Source: CNBC RSS...