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Oil Market Balance Expected to Improve Through 2024, Morningstar DBRS Says Global oil supply is expected to catch up with demand in the coming months, according to Morningstar DBRS. Shell...
Shell Launches $3.5 Billion Buyback Shell's first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to...
Tesla's Downsizing Worries Supercharger Industry Widespread layoffs within the Tesla unit are a blow to efforts to build out a national charging network. Ex-Pioneer CEO Barred From Exxon...
PG&E Nears Deal With KKR for Stake in Power Business Spinoff The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power...
Oil Extends Losses on U.S. Inflation Concerns Oil prices were down more than 1% in Europe after the latest U.S. economic data further dented hopes the Federal Reserve could start cutting...