U.S. oil prices rose as expectations of U.S. crude draws underpinned a market already worried about potential supply shortages. » 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.
PARIS— French energy company Total SA says its net income fell 30 percent in the second quarter to $2.09 billion due to the impact of lower oil prices. The Paris- based company said its sales for the April-June period were $37.22 billion, down from $44.72 billion in the year-earlier period. Chairman and CEO Patrick Pouyanne said the company will continue to focus...
European oil majors Royal Dutch Shell and Total reported a sharp decline in profits in the second-quarter of 2016, as the low oil price continued to weigh on earnings.
European markets closed sharply lower on Friday, as falling oil prices, upcoming risk events and economic growth concerns weighed on sentiment.
The CEOs of Superior Energy and Core Labs explain why oil is heading higher and how it will impact industry spending.
Europe closed sharply up on Tuesday, as sentiment was lifted by positive U.S. trade, and strong gains from banks, insurers and retailers.
European stocks finished mostly lower on Monday as investors digested a fall in oil prices, mixed data out of the euro zone and the prospect of a U.S. rate hike in June.
Oversupply may have sent oil prices lower, but in five years there won't be enough oil to meet demand, John Hofmeister says.
European stocks finished mixed on Monday, as investors tried to shake off the sharp fall in oil prices and mining stocks.
European stocks finished slightly higher on Wednesday, as investors remained cautious ahead of the latest Fed decision and digested earnings.
Integrated oil and gas companies face headwinds as upstream production remain under pressure and downstream refinery margins are tightening.
European markets closed higher on Wednesday, as crude oil prices pared losses.
European stocks closed higher on Monday, as investors tried to shake off concerns as oil prices pared losses.
European markets ended mostly higher on Monday as a recovery in oil prices and a rally in Italian banks, boosted sentiment.
Declining earnings in the first quarter may not lead to falling stocks, according to market history.
European markets ended sharply lower on Thursday as fresh concerns over U.S. rate hikes and losses in commodity markets dragged on sentiment.
European shares ended Monday lower as the oil price came off its session lows.
European stocks finished in negative territory on Tuesday, on the back of a sharp slip in mining stocks and oil prices.
European equities were higher with investors cheering a rally in oil prices and digesting the aggressive easing measures the ECB announced.
Ashok Shah, director of London & Capital, says it is a little premature to buy stocks of oil majors and we need to see more stability.