US commercial crude oil inventories increased by 2% during the week ending May 6, according to data released by the Energy Information Administration (EIA) on Wednesday.Inventories rose by 8.5 million barrels to 424.2 million barrels, against the marke…
Russian oil giant Lukoil agreed to buy 100% shares of Shell’s retail and lubricants businesses in Russia, the companies announced on Thursday.Shell’s decision to sell Shell Neft, which includes 411 retail stations, primarily located in the central and …
Emission reduction plans of oil and gas companies to invest in expensive and unproven technologies at scale are putting investors at risk, a new report from financial think tank Carbon Tracker finds Thursday.’Oil and gas companies are gambling on emiss…
US stocks closed higher Tuesday as investors weighed a deluge of earnings reports.Johnson & Johnson earned $457 million from coronavirus vaccine sales in the first quarter of 2022, according to a financial results statement released Tuesday.The America…
The Los Angeles Lakers fired head coach Frank Vogel on Monday after they failed to qualify for the playoffs.Having finished the regular season with a 33-49 win/loss record in 11th spot, the Lakers were eliminated from play-in tournament contention afte…
The Turkish economy’s total turnover surged by 105.4% on an annual basis in February, the country’s statistical authority reported on Tuesday.This was driven by significant growth in the industry, construction, trade, and services sectors, according to…
Manchester City and Liverpool drew 2-2 in a highly-anticipated English Premier League weekend clash as the title race heated up in the league.AC Milan, Paris Saint-Germain (PSG), Real Madrid, Manchester City and Bayern Munich remain at the top of their…
The Philadelphia 76ers beat the Indiana Pacers 133-120 in an NBA game Saturday. Star […]
Chelsea triumphed with 6-0 victory against Southampton in week 32 of the English Premier League […]
