Tuesday, July 14, 2026
Lower oil prices drag ConocoPhillips Q4 profit below estimates- oil and gas 360

Lower oil prices drag ConocoPhillips Q4 profit below estimates

(Oil Price) – ConocoPhillips (NYSE: COP) booked lower-than-expected earnings for the fourth quarter as higher production was unable to offset the decline in oil prices. ConocoPhillips reported on Thursday fourth-quarter adjusted earnings of $1.3 billion, or $1.02 per share. That was nearly halved compared with adjusted earnings of $2.4 billion, or $1.98 per share, for the fourth quarter of 2024. The earnings for

IEA raises forecast of global oil demand growth in 2026- oil and gas 360

IEA raises forecast of global oil demand growth in 2026

(Oil Price) – The world’s oil demand growth is set to rise by 930,000 barrels per day (bpd) in 2026, thanks to lower oil prices and a normalization of economies after the 2025 tariff chaos, the International Energy Agency (IEA) said on Wednesday, raising its demand growth estimate by 70,000 bpd from last month. Oil demand is forecast to grow by

Soaring Saudi exports and trade tensions will test oil price resilience: Bousso- oil and gas 360

Soaring Saudi exports and trade tensions will test oil price resilience: Bousso

(BOE Report)– Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald Trump’s trade policies and rising OPEC+ production quotas. But that strength will now be tested, as Saudi output is starting to surge just as demand appears to be slowing. Benchmark oil prices are currently near $70 a barrel, down from a 2025

Petrobras approves $2.1 billion in shareholder dividends despite lower oil prices- oil and gas 360

Petrobras approves $2.1 billion in shareholder dividends despite lower oil prices

(World Oil) – Brazil’s state-controlled oil producer Petrobras approved dividends slightly below expectations amid a trade war that has created economic uncertainty and undermined oil prices. Petrobras will pay $2.1 billion USD (11.72 billion reais) in first-quarter dividends, it said in a filing Monday. Expectations were for a $2.2 billion payout, according to an average of six analyst forecasts reviewed