Oil Markets

Sub-$70 oil is squeezing margins, forcing Exxon, Chevron, and BP to rethink $100 billion in annual returns. Dividends…

(Bloomberg) — Oman’s state-owned commodities trading firm plans to grow its liquefied natural gas business from a fraction…

(Bloomberg) — The owner of the New York Stock Exchange is nearing a deal to invest $2 billion…

Predictions of an oil glut have dominated oil market reporting for months. Bloomberg this week suggested the first…

(Bloomberg) — Russia launched a massive airstrike at targets across Ukraine overnight, including at energy facilities, killing at…

(Bloomberg) — Czech billionaire Andrej Babis turned to forming a governing majority a day after winning a resounding…

(Bloomberg) — The European Parliament is considering accelerating a phaseout of Russian oil and gas imports in a…

(Bloomberg) — Inside the investment banking division of JPMorgan Chase & Co., there’s concern that enthusiasm for nuclear…

(Bloomberg) — Nigeria suffered significant crude and gas production losses after a three-day oil workers’ strike that threatened…

(Bloomberg) — Investors are snapping up shares in the Czech Republic’s biggest power utility, betting a potential win…

ADIPEC Energy. Intelligence. Impact Webinar As the world faces a dual imperative, building resilience in the face of…

(Bloomberg) — Imperial Oil Ltd. plans to trim its workforce by about 20% by the end of 2027…

Oil Majors Brace for Dividend Drought as Sub-$70 Crude Bites