Bloomberg's Will Kennedy and James Herron discuss BP's results after the British energy giant reported strong second-quarter earnings. They also talk about Vitol's decision to hand traders a record $6

Analyst discusses outlook for oil markets

03:45am, Tuesday, 30'th Jul 2024
Carole Nakhle, CEO at Crystol Energy, discusses the oil market outlook amid geopolitical tensions in the Middle East.
Jersey Oil and Gas PLC (AIM:JOG, OTC:JYOGF)said it would assess its North Sea developments when the full extent of tax changes and allowances proposed by Chancellor Rachel Reeves are published in the
BP PLC (LSE:BP.) announced a second-quarter profit of $2.76 billion, surpassing market expectations.
British oil giant BP posted underlying replacement cost profit, used as a proxy for net profit, of $2.8 billion for the second quarter. That beat analyst expectations of $2.6 billion, according to an
WTI crude oil dips below $75.50 amid weak Chinese demand, raising questions about further potential selloff and market instability.
Oil prices slipped in early Asian trading on Tuesday, extending losses from the previous session, over concerns about Chinese demand and as the market shrugged off the risk of conflict escalating in t
Oil futures slid by nearly 2% to seven-week lows by the close of trading in the U.S. on Monday, as global demand concerns outweighed rising geopolitical tension in the Middle East.
Oil traders bet that rising tensions in the Middle East will not hurt oil supplies.
The impacts of OPEC+ oil production cuts on Enbridge are misinterpreted by the market. Historical data displays no correlation between ENB's profit and oil prices. Such insensitivity certainly has pot
Global tensions have impacted crude oil (BZ=F ,CL=F) prices, with investors closely watching how further geopolitical developments might affect the market. Path Trading Partners Bob Iaccino joins Morn
The oil market has been a bit slippery over the last few days, as we are trying to figure out whether or not we have hit the floor. Ultimately, there are a lot of different things coming together in o
A rocket fired from Lebanon killed 12 children in an Israel-occupied the Golan Heights on Saturday. Israel has blamed Hezbollah for the attack.
Indian refiner Hindustan Petroleum reported a drop in first-quarter profit on Monday, hurt by lower marketing margins as the price of crude oil remained high.
Oil futures turned lower Monday morning, failing to hold gains scored during Asian trading hours as investors reacted to fears of a wider conflict between Israel and Hezbollah.
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