REPI: transportation fuel

Exxon will crush the profits of major western oil companies by $ 56 billion in 2022

Exxon will crush the profits of major western oil companies by $ 56 billion in 2022

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 …

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Oil is falling ahead of the OPEC + and US Federal Reserve meetings

Oil is falling ahead of the OPEC + and US Federal Reserve meetings

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 …

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Oil settled mixed after hitting a 7-week high amid strong expectations for China

Oil settled mixed after hitting a 7-week high amid strong expectations for China

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 …

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