Fuel prices are displayed at an Exxon Mobil Corp. service station in Arlington, Virginia, USA, on Wednesday April 29, 2020. Andrew Harrer | Bloomberg | fake pictures Exxon said Friday that it lost $ 1.1 billion in the second quarter amid “global oversupply and COVID-related demand impacts.” It was the …
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Carl Court | AFP | fake pictures Oil giant Royal Dutch Shell reported a sharp net loss year-on-year on Thursday after an unprecedented period of turmoil in the energy market and significantly weaker oil and gas prices. The Anglo-Dutch company reported that net income attributable to shareholders based on current …
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Chevron announced Monday that it will buy from independent oil and gas producer Noble Energy, in a move that Chevron CEO Michael Wirth said would be “good business” for shareholders of both companies. “These are high-quality assets at a very fair price,” Wirth said Monday on CNBC’s “Squawk on the …
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Offshore oil platforms are seen on April 20, 2020 in Huntington Beach, California. Oil prices were negotiated in negative territory for the first time as the spread of the coronavirus (COVID-19) affects demand. Michael Heiman | fake pictures Oil prices rose on Wednesday after a sharp drop in US crude …
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South Belridge Oil Field is the fourth largest oil field in California and one of the most productive in the USA. David McNew | fake pictures Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, dimmed prospects …
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