Tag: Oil prices
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Shell posts $10 billion profit as trading offset lower energy prices
Shell on Thursday posted first-quarter net profit of US$9.65 billion, topping analysts' forecasts, as strong earnings from fuel trading and higher liquefied natural gas...
Oil prices recover after three-day plunge; demand worries linger
Oil prices rose on Thursday but were unable to claw back the more than 9% decline during the previous three days as demand concerns...
Oil slides as recession fears outweigh large US inventory draw
Oil prices extended the previous session's sharp losses on Wednesday, even after a report showed U.S. crude inventories fell more than expected, as weak...
Oil edges up on China demand hopes, US inventories in focus
Oil edged higher on Tuesday, on track for a third day of gains, supported by investor optimism that holiday travel in China would boost...
Oil prices steady on uncertain global outlook and supply concerns
Oil prices were steady on Monday as concern over rising interest rates, the global economy and the outlook for fuel demand were balanced by...
