
Suncor Energy to Release Third Quarter 2023 Financial Results
Calgary, Alberta–(Newsfile Corp. – October 31, 2023) – Suncor (TSX: SU) (NYSE: SU) will release …
Calgary, Alberta–(Newsfile Corp. – October 31, 2023) – Suncor (TSX: SU) (NYSE: SU) will release …
2023-10-31 16:50:00 ET As global crude prices continue to soar, investors are increasingly …
Oil Price Strong U.S. fuel demand helped Marathon Petroleum (NYSE: MPC) easily beat analyst estimates after reporting on Tuesday an adjusted net income of $3.2 billion for the third quarter of 2023. Adjusted earnings per share came in at $8.14, above the analyst consensus estimate of $7.75 compiled by The Wall Street Journal. In the refining and marketing segment, adjusted EBITDA was
Oil Price U.S. crude oil production hit an all-time high in August, according to new data published by the Energy Information Administration on Tuesday, with production surpassing pre-covid levels. U.S. field production of crude oil reached 404.6 million barrels during the month of August, new EIA data shows, for an average of 13.05 million barrels per day–squarely breaking the previous record
Nasdaq LONDON – OPEC oil output has risen for a third straight month in October, a Reuters survey found on Tuesday, led by increases in Nigeria and Angola and despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market. The Organization of the Petroleum Exporting Countries has pumped 27.90 million barrels
Nasdaq Slow global economic growth will keep crude prices anchored below $90 a barrel this year and next, unless the Israel-Hamas conflict draws in more countries in the Middle East and exacerbates supply tightness, a Reuters poll showed on Tuesday. A survey of 40 economists and analysts forecast Brent crude LCOc1 would average $84.80 a barrel this year, and $86.62 in 2024,
World Oil (Bloomberg) – bp Plc’s temporary boss gave a robust defense of the company’s strategy, batting away suggestions that he needs to follow the big oil deals done by U.S. competitors Exxon Mobil Corp. and Chevron Corp. “We’re focused really on transition” to net zero emissions, Interim Chief Executive Officer Murray Auchincloss said on Tuesday. bp’s growth engines will be clean
Oil Price Venezuela’s Supreme Justice Tribunal has suspended the results of a primary that took place earlier this month in the opposition segment of the country’s political spectrum. Bloomberg’s Javier Blas commented on X that the move was not surprising and said Venezuela’s president, Nicolas Maduro, had called the primaries a fraud. Reuters reported that the suspension had come despite a deal between the opposition
RICHMOND, British Columbia, Oct. 31, 2023 (GLOBE NEWSWIRE) — Today, General Fusion announced the…
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