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Oil Price - Rising oil prices buy Iran time in nuclear talks
Image Credit: via REUTERS Tehran: Emboldened by an oil price surge since the Ukraine war, Iran’s clerical rulers are in no rush to revive a 2015 nuclear pact with world powers to ease sanctions ...
Shell Reports Record $9 Billion Quarterly Profit As Oil And Gas Prices Surged
The massive profit of $9 billion comes despite the company having to write down $3.9 billion for its decision to exit operations in Russia following the invasion.
Shell Profit Up As High Oil Prices Offset Russia Hit
British energy giant Shell on Thursday logged soaring first-quarter net profit as surging oil prices offset a sizeable charge linked to its Russia exit. Profit after tax leapt 26 percent to $7.1 ...
Russian oil ban: Putin must pay a high price for his brutal aggression
Europe has been paying Moscow a quarter of a billion dollars per day for oil, helping to finance its carnage. The announcement saw the price of Brent crude rise by around three percent to more than ...
Canadian Dollar Seen Rebounding As High Oil Price Feeds Trade Surplus: Reuters Poll
The Canadian dollar will claw back its recent decline over the coming year, as elevated oil prices bolster Canada's trade surplus and the central bank potentially hikes interest rates just as much as ...