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BP (NYSE:BP) posted a 30% drop in Q3 profit to $2.3 billion, the lowest in nearly four years as softer refining margins and oil trading results continue to weigh on the company’s performance. For the...
Proactive Investors - Hunting PLC (LSE:LON:HTG) shares dropped over 15% in early deals on Tuesday, as the oil services engineer cautioned that the US onshore market remains weak due to low natural...
Proactive Investors - Oil and gas supplies are only set to become more abundant as nations increasingly turn to clean sources of energy over the remainder of the decade. Demand for coal, oil and gas...
Investing.com -- U.S. natural gas prices have been on a red-hot winning streak of late, powered by a bullish wave of increasing power demand and an easing glut in supplies. "The more bullish scenario...
Invezz.com - Britain’s last remaining coal-fired power plant at Ratcliffe-on-Soar in Nottinghamshire is set to generate electricity for the final time on Monday, after serving the UK for 57...
Investing.com -- Oil prices are expected to remain subdued through 2025 due to the elevated risk of global oversupply, as per analysts at Wells Fargo (NYSE:WFC) in a note dated Tuesday. A...
Investing.com -- Analysts at UBS in a note dated Tuesday emphasized that the current natural gas market dynamics require higher prices in 2025 to sustain stronger export demand. Despite recent price...
Proactive Investors - Oil producers cartel OPEC+ sees global energy demand increasing 24% in the next two and a half decades as a slight drop in power needs of developed countries is offset by a huge...
Investing.com - European stock markets traded with small gains Tuesday, with investors expecting a dovish leaning from the Federal Reserve at its latest policy-setting meeting, which starts later in...
Investing.com. -- UBS has raised its European gas price forecasts for the fourth quarter of 2024 and 2025, citing heightened geopolitical risks and supply constraints, despite weak market...
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