The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising through mid-century and that there is no peak in sight. Tariff uncertainty is ...

The British energy major said Friday that it anticipates booking $500 million to $1.5 billion in after-tax impairment charges alongside its second-quarter earnings. These charges are considered ...

BP Warns of Up to $1.5 Billion Impairment, Earnings Hit From Lower Prices The energy major said that while upstream production is expected to rise quarter-on-quarter, lower oil and gas sales could ...

The U.K. economy unexpectedly contracted for a second consecutive month in May, a sharp reversal in fortune following a stronger-than-expected start to the year that makes it more likely the Bank of ...

Warehouse REIT has been at the center of a competitive takeover since Blackstone announced plans to acquire it in June for 109.0 pence a share, an offer contested by Tritax on June 25. Tritax offered ...

BP said that while upstream production is expected to rise quarter-on-quarter, lower oil sales could hurt earnings by up to $800 million and lower gas sales could drag earnings by as much as $300 ...

Unilever Picks New Ben & Jerry's CEO, Escalating Dispute With Independent Board Jochanan Senf, a longtime Unilever executive, starts in the role this month. Air India Probe Puts Early Focus on Pilots' ...

Kuaishou maintains a strong financial position, with a net cash balance of CNY 82 billion as of end-2024. Combined with its favorable operating cash flow outlook, we believe the company is ...

DNB Bank's second-quarter results came in just short of analysts' expectations, but the lender said the Norwegian central bank's recent rate cut had prompted strong demand for mortgages while income ...

U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell as demand picked up ahead of the Independence Day holiday. Exxon just warned ...

It's part of a larger push by Trump-aligned officials to probe the Fed and challenge Chair Jerome Powell's leadership. Reports of copper theft from trucks are rising even faster than the metal's ...