Oil Prices Slightly Lower Amid Middle East Tensions, Fed Remarks
Oil prices edged lower as investors weighed escalating geopolitical risk in the Middle East against hawkish comments from the Fed and a stronger dollar.
BP Beats Expectations; Boosts Buyback
BP posted a higher-than-expected annual profit, joining others in the sector in showing resilience despite volatile energy prices, but its results were weaker than the prior-year's record numbers.
DOJ Charges Iranian Revolutionary Guard Members in Oil Trafficking Cases
Federal officials said they seized $108 million used as part of the funding scheme and 500,000 barrels of Iranian fuel.
Oil Profits Keep Flowing for Exxon and Chevron
U.S. giants join Shell in posting strong earnings, but face an uncertain outlook as countries vow to phase out fossil fuels.
Energy & Utilities Roundup: Market Talk
Gain insight on the Canada's cap and trade plan, European offshore wind sector, Parkland's board departures, and more in the latest Market Talks covering Energy & Utilities sector.
Biden Gas-Export Decision: Smoke, but No Fire
With so many permitted projects struggling to secure contracts, pausing LNG approvals was an easy, low-stakes political win.
Shell Launches Buyback as Earnings Beat Forecasts
Shell's adjusted earnings beat forecast, driven by higher trading gains from LNG, and said it would buy back $3.5 billion in shares this quarter.
U.S. Crude Oil Stocks Rose For the Week
U.S. crude oil inventories rose by 1.2 million barrels to 421.9 million barrels in the week ended Jan. 26, compared with analysts' predictions that supplies would decline by 800,000 barrels.
Mexico's Top Court Overturns Flagship Energy Law
Rejection of provisions of President Andrés Manuel López Obrador's electricity overhauls deal setback to his nationalist agenda.
The U.S. Is Spoiled by Cheap Canadian Oil. That's About to Change.
A long-awaited pipeline project promises to cut Americans' discount.
(END) Dow Jones Newswires
02-06-24 0715ET
