News

Canada's Imperial Oil posts fall in quarterly profit on lower crude prices
Canadian oil producer Imperial Oil posted a fall in second-quarter profit on Friday, hurt by lower crude prices and a decline in refinery throughput. Benchmark Brent crude prices were lower during the April-June quarter compared to a year earlier,
Imperial Oil posts fall in quarterly profit due to lower crude prices, decline in refinery throughput
Imperial’s net income fell to $949-million, or $1.86 per share, from $1.13-billion, or $2.11 per share, a year earlier
Oil Prices Fall as Tariff Deadline Looms
Oil prices declined for a third consecutive session on Tuesday on concerns the brewing trade war between major crude consumers.
Crude Oil Futures Fall on Weak Demand
Crude oil futures eased Rs 32 to Rs 5,665 per barrel due to weak spot market demand. Global crude oil prices also saw a decline.
Imperial Oil Quarterly Earnings Dented By Lower Crude Oil Price
Imperial Oil earnings were squeezed in the latest quarter by a drop in oil prices that more than offset increased production. The Exxon Mobil-controlled Canadian energy company on Friday said its second-quarter net income fell to 949 million Canadian dollars ($684.
Imperial Oil reports $949M profit in second quarter
Imperial Oil Ltd. says its net income came in at $949 million during the second quarter, down from $1.13 billion a year earlier.
Imperial Oil (IMO) Surpasses Q2 Earnings Estimates
Imperial Oil (IMO) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for non-recurring items.
Imperial Oil Ltd. stock falls Thursday, underperforms market
Shares of Imperial Oil Ltd. IMO shed 0.99% to C$115.53 Thursday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.40% to 27,
Crude Falls on Soft U.S. Jobs Data, OPEC+ Output Expectations
Oil futures fell for a second straight session as a weak U.S. employment report added economic worries to concerns about U.S. tariffs curbing demand.
Oil prices fall as Trump's Aug 1 trade tariff deadline looms
Oil prices declined on Thursday as U.S. President Donald Trump's August 1 tariff deadline loomed over investors, with ...
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Crude Prices Fall on Dollar Strength and Energy Demand Concerns
August WTI crude oil (CLQ25 ) on Thursday closed down -1.81 (-2.65%), and August RBOB gasoline (RBQ25 ) closed down -0.0355 (-1.62%). Crude oil and gasoline prices on Thursday settled sharply ...
Midland Reporter-Telegram on MSN6d
Oil and natural gas prices fall as supply grows; economic worries mount
WTI fell 3% during the week as traders focused on negative U.S. economic news and signs of growing oil supplies.
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It’s been a hot summer, but AAA says Oregon, Bend gas prices remain ‘cool as a cucumber’
Temperatures are warm, but gas prices are relatively cool. Most states, including Oregon, are seeing fairly stable prices at ...
Sensex jumps over 700 pts from day's low, Nifty above 24,800: 3 key reasons behind sharp market recovery
Sensex, Nifty recovered as investors believe the recent Trump announcement of 25% tariff is a negotiating tactic, and that ...
Briefing.com1mon
Stock Market Update - Energy lags as crude prices fall
The energy sector (-0.6%) trails the market and extends its losses to 3.6% for the week. Crude oil prices have dropped $0.86 in the past hour following a report that OPEC+ will discuss another ...
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Exxon, Chevron profits to drop to lowest point since pandemic, analysts say
Top oil producers ExxonMobil and Chevron are expected to report their lowest earnings in four years when they release ...