Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.
Category: Oil (Petroleum) and Gasoline
-
Oil Giant Saudi Aramco Reports 33% Profit Surge, Despite Iran War Disruptions
The New York Times – Business: -
How the War in Iran Is Complicating Trump’s Agenda at Home
The New York Times – On the Runway:As President Trump heads to the West Coast to talk to Americans about the economy, the war in Iran is driving up costs and polls show the already unpopular conflict is losing support.
-
Saudi Aramco Reports 33% Profit Surge Despite War’s Disruption
The New York Times – Business:Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.
-
Documents Undercut Trump’s Claims About Bears Ears National Monument
The New York Times – Travel:President Trump said recreation in Bears Ears National Monument was virtually impossible. Documents reviewed by The New York Times show officials knew otherwise.
-
Trump’s ‘Perimeter of a Deal’ Rallies the Market
The New York Times – Business:Bullish investors are out in force on Monday despite more mixed messages about potential U.S.-Iran peace talks.
-
Oil Prices Plummet as Investors Digest Pause in Fighting in Iran War
The New York Times – Business:The markets’ moves were the first since President Trump said late Saturday that he had halted a U.S. assault as Iran.
-
BP Puts Its North Sea Drilling Business Up for Sale
The New York Times – Business:The plans are part of the energy giant’s efforts to streamline operations, but BP has deep roots in the region.
-
Iran War Drives Oil Profits to Highest Levels in Years
The New York Times – Business:The world’s biggest oil companies are benefiting from the high commodity prices that have been a drag on the rest of the economy.
-
Europe Is Caught Between Low Gas Reserves and Rising Prices From Iran War
The New York Times – Business:Across Europe, reserves of natural gas for use in the winter months are lagging, meaning continued higher prices for households and businesses.
-
The German Auto Industry, a Pillar of the National Psyche, Is Trembling
The New York Times – Business:The country’s iconic carmakers are struggling with tariffs, the growth of electric vehicles and intense competition from Chinese companies.
-
Trump’s Tariff Exemptions Include Diamonds, Oil and Gas, Copper and Other Items
The New York Times – Business:A new round of tariff carve-outs has raised familiar questions about who should receive the lucrative exceptions, and why.