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Occidental Petroleum said in a Tuesday filing that its worldwide average realized oil prices rose 32.6% year over year in the third quarter. The report links the increase to crude supply concerns amid the US-Iran war and restricted flows through the Strait of Hormuz.
Oil prices are on track for a weekly gain as escalating attacks in the Middle East keep a geopolitical risk premium in place. The piece says Brent is around $104 a barrel and WTI near $92.
Qatar National Bank said it is looking to finance digital infrastructure, real estate and business expansion as it reported a third-quarter net profit of 4.65 billion riyals, up 4.9% from a year earlier. Nine-month profit rose 4% to 13.3 billion riyals, while loans and advances increased 6% to 1.061 trillion riyals.
Valvoline (NYSE: VVV ) held its third-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary Full Transcript OPERATOR Hello everyone. Thank you for joining us and
Oil prices have been choppy as the flow of oil through the Strait of Hormuz has returned to nearly 80% of pre-war levels. Bloomberg Oil Analyst Julian Lee reports. ()
A Reuters survey showed November Arab Light OSP is expected to rise by as much as $3 a barrel to the Oman/Dubai average. The report said Middle East spot crude markets strengthened amid supply disruptions.
The food and agri group said revenue rose 33% in Q2 to US$1,139 million and 32% in 6M to US$2,161 million. Net profit fell 35% in Q2 to US$28 million.
For best results when printing this announcement, please click on link below: RNS Number: 0615W Baker Steel Resources Trust Ltd 24 September 2026 BAKER STEEL RESOURCES TRUST LIMITED (Incorporated in Guernsey with registered number 51576 under the provisions of The Companies (Guernsey) Law, 2008 as amended) 24 September
President Trump said at the UN General Assembly Sep. 22 that he is considering restricting diesel exports, a move which appears to have blindsided oil executives. * Treasury Secretary Scott Bessent said that officials are "examining whether it's feasible in terms of the overall refining capacity and whether a full or p
A P Moller Maersk (OTC: AMKBY ) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary A P Moller Maersk reported strong financial performance for
Oil prices eased on conflicting reports of increased supply from the Middle East, with exports from Saudi Arabia recovering in September after a slump in August. Admiral Brad Cooper stated crude oil and LNG volumes were higher than at any point in the past six months, though shipping data provided a mixed picture.
Asian share markets edged higher as chipmakers benefited from AI demand, while oil prices eased on speculation of increased supply. The dollar dipped against the yen amid intervention concerns.
Asian share markets edged higher on Monday, boosted by chipmakers, while oil prices eased slightly but remained above $100 a barrel. The dollar held steady against the yen at 157.00, with investors wary of potential intervention by the Bank of Japan.
The EIA now expects Brent crude to average about $91 a barrel in 2026 and WTI $84.65, both higher than its prior forecast. The agency said global oil stocks have fallen by an estimated 400 million barrels this year and cited reduced Middle East production and exports.
Heidmar Maritime Holdings reported second-quarter 2026 consolidated net income of $2.2 million, or $0.04 per share basic, versus a $13.7 million loss a year earlier. Revenue rose to $29 million from $9.6 million.
US heating oil prices stayed around $4.25–$4.50 a gallon while supplies fell to the lowest seasonal level on record. US distillate inventories dropped to 103.4 million barrels in the week ended Aug. 21.
TORM reported second-quarter TCE earnings of US$512 million, EBITDA of US$416 million and net profit of US$338 million, then raised full-year guidance and approved an interim dividend of US$2.40 per share.
When the Middle East conflict spikes, most investors rush to oil stocks and crude futures. That reaction makes sense, but it can miss a trade that often becomes just as important when geopolitical risk hits a major shipping chokepoint: the companies that can make more money when moving oil become slower, riskier, and p
Oil market expert Dan Dicker warns that shrinking global oil inventories could trigger a sharp rally in crude prices to $135 a barrel