HOUSTON, Jan. 31 (Reuters) – Exxon Mobil Corporation (XOM.N) The company said on Tuesday that its net profit for 2022 amounted to $56 billion, and it made about $6.3 million per hour last year, setting not only a record for the company, but also a historic high for the western oil industry. Major oil companies …
Exxon will crush the profits of major western oil companies by $ 56 billion in 2022 Read More »
The loss in 2022 surpassed the previous record from 2008 Inflation and geopolitical tensions remain risk factors Record flow of funds from the oil and gas industry OSLO (Reuters) – Norway’s wealth fund, one of the world’s largest investors, posted a record loss of 1.64 trillion crowns ($164.4 billion) for 2022, ending a three-year streak …
The Norwegian Wealth Fund records record losses of $164 billion Read More »
SINGAPORE (Reuters) – Oil prices fell on Monday, giving up previous gains, as global producers are likely to keep output unchanged at this week’s meeting and investors remain cautious ahead of a US Federal Reserve meeting that could spur market volatility. . Brent crude futures fell 20 cents, or 0.2 percent, to $86.46 a barrel …
Oil is falling ahead of the OPEC + and US Federal Reserve meetings Read More »
https://tmsnrt.rs/2zpUAr4 The Fed saw a 25bp rise this week, the European Central Bank and the Bank of England up 50bp The tech giants lead a slew of earnings results China shares the rise with the rise in holiday travel SYDNEY (Reuters) – Asian stocks turned cautious on Monday ahead of a week that is sure …
Asian stocks turn cautious as prices soar, and earnings loom Read More »
Brent crude and US crude hit their highest levels since early December The Group of Seven industrialized nations (G7) is seeking to set a price cap for Russian oil products India’s crude imports hit a five-month high in December NEW YORK (Reuters) – Oil prices were mixed on Monday, falling as investors reaped, jumping to …
Oil settled mixed after hitting a 7-week high amid strong expectations for China Read More »
