Chevron Cuts Investment On Oil Plunge

US company latest to trim back in response to low crude price

BING NEWS:
  • Marathon Oil narrowly beats first quarter profit estimates on higher prices
    Oil and gas firm Marathon Oil narrowly beat first-quarter profit estimates on Wednesday, helped by higher oil and liquefied natural gas (LNG) pricing.
    05/1/2024 - 9:32 am | View Link
  • Crude oil prices today: WTI prices are up 10.38% YTD
    WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
    05/1/2024 - 4:54 am | View Link
  • Eco Pressures and Investment Shifts are Charting a New Course for U.S. Crude Oil Production
    Dr. Ronn emphasizes the necessity of crude oil in 2050's energy landscape, urging sustained investment for maintaining US oil production into the future.
    05/1/2024 - 4:36 am | View Link
  • Oil prices fall, with weekly U.S. crude supplies up by more than 7 million barrels
    Oil futures declined Wednesday, poised for a third straight session loss after official U.S. data revealed an unexpected weekly rise of more than 7 ...
    05/1/2024 - 3:54 am | View Link
  • Gulf markets drop on lower oil prices; Egypt gains
    May 1 (Reuters) - Most stock markets in the Gulf ended lower on Wednesday as oil prices fell, with investors also awaiting ... later in the day that could give a clearer sense on rate cuts this year.
    05/1/2024 - 2:22 am | View Link
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