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Chevron to cut share buybacks as lower oil prices weigh on earnings
08:58am, Friday, 02'nd May 2025
Chevron Corporation (NYSE:CVX, ETR:CHV) said on Friday it will sharply reduce share repurchases this quarter to between $2.5 billion and $3 billion, down about 30% from the prior period, as lower oil
Crude Oil Price Outlook – Crude Oil Continues to See Troubles
08:54am, Friday, 02'nd May 2025
The crude oil market continues to see a lot of noisy behavior, as the market has to think about the potential slowdown economically, and of course the fact that the nations of OPEC continue to pump ou
Oil prices are down over last 6 months: what does it mean for gas prices?
08:46am, Friday, 02'nd May 2025
Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip downward despite the summer travel season.
Chevron stock falls as profit declines on falling oil prices
07:02am, Friday, 02'nd May 2025
CNBC's Becky Quick reports on the company's quarterly earnings results.
Exxon Mobil earnings beat even as profit falls on oil price decline
06:59am, Friday, 02'nd May 2025
CNBC's Becky Quick reports on the company's quarterly earnings results.
Exxon, Chevron Profits Fell Ahead of Tariff-Driven Oil Slump
06:33am, Friday, 02'nd May 2025
The major oil companies' results were hurt by narrow refining margins, lower oil prices and rising costs.
Exxon Mobil earnings beat even as profit falls on oil price decline
06:32am, Friday, 02'nd May 2025
Exxon Mobil reported first-quarter earnings Friday that beat Wall Street expectations. However, profits were down 6% hurt by weaker oil prices.
Chevron stock falls as profit declines on falling oil prices
06:32am, Friday, 02'nd May 2025
Chevron's profit declined more than 30% compared with the same quarter in 2024 as oil prices have sold off steeply. FILE PHOTO: A Chevron gas station is seen in Austin, Texas, U.S., October 23, 2023.
How the U.S. could leverage Saudi influence on oil to pressure Russia
04:48am, Friday, 02'nd May 2025
Getting Saudi Arabia to produce more oil could be a means to pressure Russia to a ceasefire with Ukraine.
Natural Gas and Oil Forecast: Weak GDP, Factory Slump Weigh on Crude Outlook
02:25am, Friday, 02'nd May 2025
Geopolitical tensions and weak U.S. GDP weigh on oil, while natural gas holds bullish structure above key EMAs amid volatile energy market conditions.
Oil major Shell posts sharp fall in first-quarter profit on weaker crude prices
02:08am, Friday, 02'nd May 2025
Shell posted adjusted earnings of $5.58 billion for the first three months of the year, beating analyst expectations of $5.09 billion, according to an LSEG-compiled consensus. The oil major reported a
Equinor Sells Stake in Brazil's Peregrino Oil Field for $3.5 Billion
10:19pm, Thursday, 01'st May 2025
Equinor's Brazilian subsidiary has signed an agreement to sell its interest in the Peregrino field to Prio Tigris, a unit of PRIO SA, Brazil's largest independent oil-and-gas firm, the company said Fr
Oil prices rise as China says it's open for trade talks with US
10:02pm, Thursday, 01'st May 2025
Oil prices pulled ahead in early Asian hours on Friday after China said its door is open for talks with the United States, raising hopes of a de-escalation in a bitter trade war between the world's tw
Oil Edges Lower Amid Supply Concerns Ahead of Next Week's OPEC+ Meeting
08:14pm, Thursday, 01'st May 2025
Oil edged lower in the early morning Asian session amid supply concerns ahead of OPEC+ meeting on Monday.
Crude Oil Price Forecast: Potential Bullish Reversal Emerges After Sharp Decline
04:47pm, Thursday, 01'st May 2025
Crude oil rebounded from a $56.67 low, showing potential early signs of strength that could lead to a bullish reversal within a broader downtrend.
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