The Economic survey also predicts a reduction in prices for metals and minerals, especially iron ore and zinc.
Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...
Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.
A few big questions hang over Chevron as it prepares to report fourth-quarter earnings on Friday. The company’s planned ...
Chief Economic Adviser V Anantha Nageswaran says global conditions will influence GDP growth in some years positively, and in ...
Patrick De Haan, head of petroleum analysis at GasBuddy, warned Americans in the Midwest, the Rockies and the Great Lakes ...
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
Oil prices were steady on Friday but on course for a weekly decline as markets wait to see if U.S. President Donald Trump follows through on his threat to impose ...
Oil prices were on track for weekly losses of roughly 2% amid uncertainties over looming U.S. tariffs. Brent crude was down 0 ...
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
Even as consumer demand remains sluggish, FMCG companies are set to hike prices again in 2025, as raw material and input costs are rising and margins are shrinking. With no immediate relief in sight ...
In a 2023 post to the r/Frugal subreddit, one Redditor wondered why it’s cheaper to buy the oil from Walmart in smaller quantities. They included a picture of the same Great Value olive oil, which ...