A weaker crude price environment has ramped up the pressure on Big Oil’s commitment to allocating cash to shareholders.
Lower oil prices are squeezing Big Oil earnings, with crude around $60 per barrel undermining the sustainability of ...
Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a challenging period as prices continue to slide. The London-based energy company ...
A surge of new LNG supply led by the United States and Qatar is pushing the global market from tightness toward abundance, easing price pressures while stimulating demand, particularly in Asia.
The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading conditions in the months ahead. Image by Stanley Yeh via iStock Shell Plc said its ...
What impact will last year’s oil price slump have on Shell’s earnings? - Shell is set to report a 21% drop in full-year ...