Andrew Rudakov | Bloomberg | Getty Images Gold prices tumbled further into Asian hours on Wednesday, a day after the precious metal fell during the day to a record low day. Prices fell more than 5% Tuesday to $ 1,927.39 per ounce – the worst one-day high in seven years …
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Text size Getty Images Vestas Wind Systems‘s stock hit record highs on Tuesday as strong demand in the US for wind turbines in the second quarter drove upward sales. The world’s largest wind turbine manufacturer restored its lead year-on-year as sales rose to € 3.5 billion – a 67% increase …
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Sunset oil pumps, industrial oil pumping equipment Pramote Polyamate Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, though uncertainty over a deal to boost the U.S. economy’s economic recovery limited gains. US West Texas Intermediate (WTI) crude …
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An offshore drilling rig is located in shallow waters near the Manifa offshore oil field, operated by Saudi Aramco, in Manifa, Saudi Arabia. Simon Dawson | Bloomberg | Getty Images Oil giant Saudi Aramco has reported a 50% drop in net income for the first half of its fiscal year, …
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Investors had braced themselves for the bad news for Exxon Mobil Corp. and Chevron Corp., and their fears were confirmed on Friday when both power companies reported second-quarter results that showed sharp declining sales and losses amid economic destruction caused by the coronavirus. Exxon XOM, -0.58% reported an adjusted loss …
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