The U.S. supermajors, ExxonMobil and Chevron, continue with their plans to make the most of their priority oil and gas assets and projects and grow cash flows despite the changing geopolitical scene.
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Note : Support and Resistance level for the month, calculated based on price range of the previous trading month.
The other supermajors have warned of weaker results for Q4 compared to the previous quarter. Weak oil trading and declining refining margins are expected to lower the fourth-quarter earnings at BP ...
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The declining profits, which will remain in the billions of U.S. dollars, are set to squeeze the supermajors’ financial frames and potentially put share buybacks and dividends under pressure.
U.S. tech and power markets are still reeling from the launch of Chinese firm DeepSeek’s energy-efficient AI chatbot, complicating an already uncertain outlook for AI power demand. But that ...
Beijing’s 15% levies open the opportunity for traders and oil supermajors to resell US cargoes on behalf of Chinese buyers in exchange for gas from other regions, pocketing a fee for the service.