Oil prices fall to a three-month low above $41 a barrel as producers continue to pump more than needed. » Read More
European stocks finished in the red on Thursday as investors waded through another raft of earnings and prepared for the latest BOJ decision.
THE HAGUE, Netherlands _ Royal Dutch Shell PLC on Thursday reported second-quarter profit of $1.18 billion. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share. Shell Oil shares have increased 18 percent since the beginning of the year.
Norwegian energy giant Statoil posted a slump in second-quarter earnings on Wednesday, as low oil prices continued to weigh on the industry.
RefOil giant BP starts the week of big oil result reporting that refining margins were the weakest for a second quarter in six years.
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Oil prices are shedding their gains, but Evercore analyst Doug Terreson said it's not time to abandon the big oil trade.
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Some of the names on the move ahead of the open.
European fund manager sees buying opportunities amid the sell-off.
European equities closed higher on Wednesday, as investors prepared for the following day when the U.K. votes in its referendum on the EU.
With just one day to go until the referendum on its EU membership, it's make your mind up time for people in the U.K.
Oil prices reversed their losses in post-settlement trade after API data showed a bigger-than-expected draw on inventory.
U.S. oil prices rose on Friday for the first time in a week as the dollar fell and investors cautiously bought some riskier assets.
European markets opened higher on Friday, on the back of a positive trading session in Asia and a tick-up in oil prices.
European markets closed sharply lower on Friday, as falling oil prices, upcoming risk events and economic growth concerns weighed on sentiment.
European stocks trade lower on Wednesday amid concerns over the health of the global economy.
Evercore ISI just upgraded Royal Dutch Shell to a buy rating from hold.
Europe closed sharply higher on Tuesday as a rise in oil prices, and the latest comments from Janet Yellen, boosted investor sentiment.
CNBC's Stephen Sedgwick provides highlights of his conversation with Shell's CEO about the company's outlook and prospects for growth.