Latest News for: Oil analyst

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Oil loses ground on increase in US crude and fuel stocks

Business Day 08 May 2024
Analysts polled by Reuters expect US crude oil inventories to have fallen by about 1.1-million barrels last week ... sessions, with some analysts saying that the risk premium on oil declined in tandem.
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Occidental beats profit estimates on higher oil prices

Natural Gas World 08 May 2024
HOUSTON, May 7 (Reuters) - Occidental Petroleum on Tuesday reported profit that beat analysts' first-quarter consensus estimate and forecast second quarter oil and gas production would climb 7%.
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U.S. crude oil inventories up last week: API

Hellenic Shipping News Worldwide 08 May 2024
... million barrels of crude oil in U.S ... Oil prices inched down ....
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MEG Energy says Trans Mountain expansion will boost Canadian oil prices 'for years'

Moosejaw Today 07 May 2024
expects the recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for years to come. MEG's vice-president of marketing Erik Alson made the comments Tuesday on a conference call with analysts.
photo: AP / Rafael Yaghobzadeh, File
FILE - The logo of the 187-meters (613-foot) TotalEnergies headquarters tower is pictured in La Defense business district outside Paris, Tuesday, Sept.7, 2021.
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Europe risks losing its biggest oil companies to America

CNN 07 May 2024
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Occidental: Q1 Earnings Snapshot

my SA 07 May 2024
The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share ... Five analysts surveyed by Zacks expected $6.66 billion.
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Oil rises after Israel strikes Gaza

Business Day 07 May 2024
Singapore — Oil prices edged higher on Tuesday after Israel struck Rafah in Gaza, while negotiations for a ceasefire with Hamas continued without resolution ... Oil prices had settled higher on Monday, partially reversing last week’s declines.
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FTSE 100: BP profits slump to $2.7bn amid falling oil prices

AOL 07 May 2024
The oil major reported an underlying profit of $2.7bn in the first quarter of 2024, below a consensus forecast from analysts of $2.9bn. BP said its earnings had fallen because of lower oil and gas prices compared with the same period last year.
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BP: Q1 Earnings Snapshot

San Francisco Chronicle 07 May 2024
The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share. The oil and gas company posted revenue of ...
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Mozambique’s ruling party nominates presidential candidate

Voa News 07 May 2024
Chapo is viewed by analysts as a leader who may be able to restore security in the troubled oil- and gas-rich province of Cabo Delgado, where Islamic State-linked insurgents have been terrorizing ...
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Trident Royalties PLC Announces Q1 2024 Activities Update

ACCESSWIRE 07 May 2024
... the AIM Rules - Note for Mining and Oil & Gas Companies. Mr O'Reilly is a Principal Consultant working for Mining Analyst Consulting Ltd which has been retained by Trident to provide technical support.
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