brent

Oil Prices Stabilize As Tensions Deescalate

Oil Prices Stabilize As Tensions Deescalate

Oil prices fell on Wednesday as President Donald Trump announced that tensions with Iran subsided.The markets stabilized as the initial news of the Iranian crisis led investors to believe Iran would retaliate."Iran appears to be standing down, ..

Oil Prices Plunge 7% to One Year Low

Oil Prices Plunge 7% to One Year Low

Oil prices plunged by 7% on Friday, falling to its lowest levels in over a year. Oil price concerns have caused the stock market to decline heavily into bear territory over the recent months.Friday’s decline was pressured by OPEC’s antic..

BP Reports Third-Quarter Earnings

BP Reports Third-Quarter Earnings

BP Plc. (NYSE: BP) reported on Tuesday that profit more than doubled in the third quarter, as strong oil prices put the Company on track to deliver record results this year.The British oil giant posted first-quarter underlying replacement cost profi..