U.S refiners' first quarter profits are expected to fall from recent records, when earnings soared following Russia's ...
The rejuvenated FTSE 100 index touched a new record today in a session when the focus turned to UK banking stocks. Lloyds ...
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 ...
The sources quoted said the UAE's state-owned oil firm's deliberations did not go beyond the preliminary stage, so that ...
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 ...
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 ...
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 ...
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 ...
Rolling coverage of the latest economic and financial news ...
Gross domestic product (GDP) and corporate profits both smashed expectations in the fourth quarter of 2023 as the knock-on effects of pandemic stimulus juiced the U.S. economy. GDP came in at a 3. ...