Oil giant BP sparked fresh fury among motoring groups today after it emerged the company generated profits at the rate of £1.3 million an hour. The UK-based group achieved profits of £2.86 ...
Valero Energy, the second-largest U.S. refiner by capacity, is set to kick off refiner earnings on Thursday, with analysts ...
Oil supermajor BP has lifted guidance on oil and gas output for the opening three months of this year, but warned of a hit from lower prices. The FTSE 100 giant forecasts upstream production to ...
Index’s rise has been driven by the dollar’s strength against the pound – and that effect can reverse ...
Soaring CEO pay and shareholder returns. Almost no matter the metric, the U.S. oil and gas industry has flourished under President Joe Biden, even though his administration has pushed hard to ...
The new benchmark comes hard on the heels of a strong session yesterday when the FTSE 100 ended at a closing high of 8,023, ...
As the pound fell to its lowest point against the dollar for around five months, dropping to 0.2 per cent to $1.23, the ...
Energy companies are taking consumers for fools by raking in a £420billion profit bonanza in the last four years, campaigners claim. Just 20 companies have made a combined £420bn since 2020 ...
Simply sign up to the Commodities myFT Digest -- delivered directly to your inbox. The commodity trading industry made record estimated profits of $104bn last year, a McKinsey report said, even as ...
Rolling coverage of the latest economic and financial news ...
The rejuvenated FTSE 100 index touched a new record today in a session when the focus turned to UK banking stocks. Lloyds Banking Group kicked off the sector’s reporting season by posting a 28% fall ...