Dinko Cvjetojevic, a fishing captain in Dubrovnik whose day's work was halted because of the rising cost of fuel, sat on his?boat, moored there. The summer was...
Aluminum?prices rose on Friday as a result of fears that supply would be limited due to the ongoing standoff between Iran and the U.S., which has impacted...
Gold prices dropped more than 1% on Friday, and are expected to drop a similar amount each week as high oil prices continue to fuel inflation fears...
It is generally believed that the United Arab Emirates' decision to withdraw from OPEC will weaken the influence of the producer group, and lead to a race...
Chevron's first-quarter earnings exceeded Wall Street expectations on Friday as higher oil prices related to the U.S./Israeli war against Iran helped boost its results in its upstream...
Exxon Mobil beat expectations for the first-quarter adjusted earnings, but unadjusted profits?dropped below their previous level of five years because of disrupted shipments due to the Iran...
HF Sinclair announced a surprising first-quarter 'adjusted' profit on Friday. This was aided by increased refining % margins and higher refined product sales. The U.S. refineries are...
Exxon Mobil beat expectations for the first quarter adjusted earnings on a Friday. However, unadjusted 'profit' dropped to its lowest in five years because of disrupted shipments...
Gold prices dropped more than 1% last Friday and are expected to drop by a similar amount this week, as rising oil prices continue to fuel inflation...
The weather office said on Friday that many 'Indian states will likely?experience an above-average amount of 'heatwave days' in May, as India continues experiencing higher-than average temperatures,...
Chevron's first-quarter earnings exceeded Wall Street expectations on Friday as higher oil prices related to the U.S./Israeli war against Iran helped boost its upstream business. According to...
According to a survey, the impact of the war with Iran was highlighted by the rise in cost pressures for British manufacturers in April. Delivery delays also...
Reporting shows that Russia is now the largest oil supplier to Syria despite the alignment of the new government with the West, and despite widespread mistrust of...
Asian shares rose on Friday, as investors reacted to the relief that oil prices had dropped and positive company earnings attracted them into tech stocks. Japan's first...
Wayne Cole gives us a look at what the future holds for European and global markets. Investors in Asia are once again made to feel foolish by...
Oil prices rose on Friday as efforts to resolve Iran conflict have hit a deadlock, with Tehran blocking the 'Strait of Hormuz while the U.S. Navy is...
As oil prices dropped and investors shifted to tech stocks due to positive earnings, the Asian stock markets recovered on Friday. Japan also stabilized its currency with...
It is generally believed that the United Arab Emirates' decision to withdraw from OPEC will lessen the clout and influence of the producer group, as well as?start...
The conflict in Iran has shifted oil flows around the globe, and China is now the final destination of 62% (or more) of Petrobras' crude oil exported...
The U.S. president Donald Trump has until Friday to either end the Iran War or "make the case" to Congress to extend it. But the deadline is...
According to four sources 'close to the matter,' Brazil's state run?oil firm Petrobras will have a stronger voice in the operations of Braskem following a management revamp?by...
Acting president Delcy Rod said that the monthly minimum income in Venezuela would be increased to $240 and pensions to $70. This was announced amid protests from'some...
On Thursday, global bond yields dropped and stocks rose as oil prices fell from their four-year highs. The yen also jumped after reports that Japan intervened to...
India's government announced that it had cut the export duty on aviation turbine fuel and diesel on Thursday, but left the duties on domestic consumption of petrol...
Mastercard, along with Visa and American Express, posted a quarterly profit that was higher than expected on Thursday. This highlights the resilience of consumers' spending as well...
The U.S. Supreme Court has been deciding on a number of important cases in its current term. These include voting rights, presidential power, tariffs and birthright citizenship....
Residents of the Russian city of Tuapse were ordered to not drink the tap water on Thursday as the authorities dealt with the aftermath following the third...
Valero Energy Corporation runs its 13 refineries in the United States and Britain up to 95% their combined throughput capacity of three million barrels per days (bpd)....
Residents of Tuapse, a Russian port city, were told not to drink the tap water on Thursday. Schools remained closed as officials dealt with the aftermath following...
Italy extended for three weeks the reduction in acquisition duties on fuels to help families, firms and individuals cope with rising energy costs. The government has announced...
U.S. president Donald Trump faces a Friday deadline to either end the Iran War or convince Congress to extend it. But the deadline is unlikely to change...
The Trump administration wants to lend up to 92.5 million barrels of oil from the Strategic Petroleum Reserve to energy companies to help calm down oil markets...
ArcelorMittal’s chief financial officer said that steel imports into the European Union will remain high during the second quarter as buyers rush to get material into the...
Josu Imaz, the chief executive of Repsol, said that the company is not in a hurry to list the oil and gas production unit it has in...
After initial reports of failure, last-minute discussions between Austria's three ruling parties continued on Thursday. The government must set the amount of the two elements. Austrian media...
According to a Thursday decree published in Argentina's official gazette, the government will increase fuel taxes by a portion starting May 1. Further increases will be delayed...
Health officials reported that Israeli strikes had killed four Palestinians on Thursday in the Gaza Strip. Hamas leaders were meeting mediators in Cairo to discuss ways to'reinvigorate'...
The U.S. economy grew in the first quarter, thanks to a resurgence in government spending following a crippling shutdown. However, the increase is only temporary because the...
Industry and government sources claim that India's gold imports in April are likely to drop to a low of 15 metric tonnes, a level not seen for...
The copper price rose on Thursday, and was poised to 'crack a five-day decline after positive factory data from China. Nickel prices were 'heading towards their biggest...
Mastercard's first-quarter profits surpassed Wall Street expectations on Thursday as resilient consumer spending supported its sustained transaction volume. The spending has mostly?held steady despite the economic uncertainty...
Gold prices jumped Thursday as the dollar eased, and oil prices fell. Some analysts also cited an increase in demand for safe-haven assets due to growing fears...
Southern Co beat analyst's expectations for the?first quarter profit on Thursday. According to the Energy Information Administration (EIA), U.S. power consumption is expected to increase this year...
Molson Coors beat analyst's expectations for the first quarter sales and profit on Thursday, thanks to price increases and increased demand, particularly in Americas. The brewer's shares...
U.S. utility Xcel Energy narrowly beat the adjusted 'profit estimates' for the first quarter as stronger sales and higher recoupment of electric infrastructure investments helped 'offset warmer...
Bombardier, a Canadian jet manufacturer, beat Wall Street's expectations for the first quarter profit. This was due to a robust demand for "repair and maintainance services" as...
Baoshan Iron & Steel Co, 'China's largest listed steelmaker said it would reevaluate a?investment into a steel joint venture? in Saudi Arabia. Baosteel and Saudi Aramco signed...
?U.S. Valero Energy, a refiner, surpassed Wall Street's expectations for the first quarter adjusted profit on Friday, thanks to its refining segment and margins, as well as...
Fitch, a credit?rating company, said the United Arab Emirates'?decision to withdraw from OPEC 'would not have an immediate 'impact on its metric' but could increase oil revenues...
A poll conducted on Thursday showed that analysts have raised their oil price predictions for the second consecutive time since the Iran War began at the beginning...
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