Energy giant posts $2.21 billion quarterly profit, signaling renewed focus on oil and gas amid strategic reset.
Tag:
Oil Market
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Futures & Commodities
US Sanctions Leave 40,000 Tons of Russian Oil Stranded Off India’s Coast
by Dean Dougnby Dean DougnThe sanctions, expanded last week as Washington tightened its pressure on Moscow over the war in Ukraine, have disrupted the …
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Futures & Commodities
Oil Market Shifts to Oversupply: Contango Deepens Amid Trade Tensions and Gloomy Demand Outlook
by Dean Dougnby Dean DougnEscalating U.S.-China trade tensions and fresh warnings of an economic slowdown are compounding concerns about weaker energy demand, putting sustained …