Post Tagged with: "since 2014"

Source: Reuters

Exxon to accelerate buybacks after biggest profit since 2014

World Oil


(Bloomberg) — Exxon Mobil Corp. will accelerate the pace of a $10 billion share buyback after posting the biggest profit in almost eight years amid a broad rally in energy prices.

Net income adjusted for one-time items was …

Source: Reuters

Oil gains from highest close since 2014 as U.S. dollar falls

World Oil


(Bloomberg) –Oil continued its advance from the highest close in seven years as the U.S. dollar fell and investors assessed the energy crunch roiling global markets.

Futures in New York surpassed $83 a barrel Tuesday, gaining as much …