BP’s Chief, Bernard Looney, Resigns Over Relationships
Mr. Looney, a longtime BP employee who was named chief executive in 2020, agreed to step down immediately, the board said.
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$100 Oil? What a Price Spike Could Mean for the Global Economy
Analysts see Brent crude climbing to levels last seen in the first months of the Ukraine war after Saudi Arabia and Russia extended production cuts.
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Oil Prices Jump on Extension of Production Cuts by Saudi Arabia and Russia
The move reflected renewed efforts by the two major exporters to bolster the price of crude.
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Investors Feel Anxious Despite Falling Odds of a Recession
Some economists are playing down the chances of an economic downturn. But investors and voters aren’t feeling nearly as optimistic.