Business Exxon and Chevron Signal They Are Still Shopping for Deals Nick J Adam Jul 29, 2023 Though earnings dipped last quarter, oil giants together added $14 billion in profits to their cash piles and are… Read More...
Business U.S. Oil Boom Blunts OPEC’s Pricing Power Nick J Adam Jul 7, 2023 U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the… Read More...
Business Exxon, Chevron Profits Are Robust Even as Oil Prices Drop Nick J Adam Apr 29, 2023 Exxon Mobil Corp. and Chevron Corp. collectively posted $18 billion in first-quarter profits, showing… Read More...
Health Food prices fall on world markets but not on kitchen tables James Pereira Apr 27, 2023 By PAUL WISEMAN and EVELYNE MUSAMBI - Associated Press A restaurant on the… Read More...
Business Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts Nick J Adam Apr 17, 2023 As Russia scours the globe for buyers of its energy products, it is finding eager trade partners in an… Read More...
Business Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says Nick J Adam Apr 15, 2023 The oil market will fall into a far larger oil deficit sooner than expected following surprise production cuts… Read More...
Business Saudi Aramco Posts Record $161 Billion Profit for 2022 Nick J Adam Mar 13, 2023 Saudi Arabia’s national oil company reported record annual profit of $161 billion for 2022, the largest ever by an… Read More...
Business War in Ukraine Drives New Surge of U.S. Oil Exports to Europe Nick J Adam Feb 27, 2023 A year of war in Ukraine is revitalizing U.S. oil exports as a source of financial influence and geopolitical power. As… Read More...
Business North African Countries Snap Up Russian Oil Products Shunned by West Nick J Adam Feb 26, 2023 With Russia cut off from the European market, North African countries have stepped forward to become voracious buyers of… Read More...
LifeStyle Liquor before beer: Spirits beat brews in new market data Taner Halicioglu Feb 9, 2023 By BRUCE SCHREINER and JIM SALTER - Associated Press LOUISVILLE, Ky. (AP) —… Read More...