Sun Pharma, Coal India, Maruti and ICICI Bank were the top gainers in the Sensex index. NEW DELHI: Most oil & gas stocks were trading with gains during morning trade on Monday amid a decline in global crude oil prices after Russia, …
LONDON (Reuters) - Formerly skeptical investors are buying back into oil majors in the hope that upcoming results will mark a turning point for energy stocks which have failed to keep pace with a surge in crude prices. Oil stocks could …
Oil companies spent years improving their balance sheets and right sizing their operations. Firmer oil prices are spurring higher cash flows that are leading to growing earnings. Barriers to entry due to the gradual "end of the oil age" are …
Posting its third quarterly gain in a row, oil prices ended March 2017 up nearly 8% year to date. The commodity got off to a strong start this year with the West Texas Intermediate (WTI) crude futures climbing 7.1% in January. Though the …
The price of crude oil climbed to its highest level in nearly three-and-a-half years today, with the U.S. oil benchmark price rising 3% by the mid-afternoon to roughly $68.50 a barrel. Two factors fueled today's gains. First, a closely watched …
Traders are seen at the Hong Kong Stock Exchange. The index gained 1.4% to 30,402.81 points yesterday. Oil prices slipped in Asia yesterday morning from three-and-a-half-year highs as investors cautiously await Donald Trump’s Iran …
LONDON, May 16 Premier Oil said on Wednesday it is heading for a "material" reduction of its $2.7 billion debt pile, with its Catcher field ramp-up reaching a promised 60,000 barrels per day as oil prices trade at their highest in more than …