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Saudi Aramco Net Income Falls on Declining Crude Oil Volumes -- Update - Vimarsana News

Saudi Aramco Net Income Falls on Declining Crude Oil Volumes -- Update

By Christian Moess Laursen Saudi Arabia's national oil company first-quarter profit fell and missed analysts' forecasts due to a lower volume of crude oil sold and weaker refining and...

Shell appoints Kohli as UK boss - Vimarsana News

Shell appoints Kohli as UK boss

Shell announced the appointment of Parminder Kohli as its next UK country chair on Friday, replacing David Bunch who will head the energy company's mobility division. Kohli will also...

AP Business SummaryBrief at 10:45 a.m. EST - Vimarsana News

AP Business SummaryBrief at 10:45 a.m. EST

Lower auto prices are finally giving Americans a break after years of inflationary increases

AP Business SummaryBrief at 3:36 p.m. EST - Vimarsana News

AP Business SummaryBrief at 3:36 p.m. EST

Lower auto prices are finally giving Americans a break after years of inflationary increases

Shell, Exxon Mobil profits drop due to lower oil and prices - Vimarsana News

Shell, Exxon Mobil profits drop due to lower oil and prices

Oil giant Shell experienced a significant decline in profits in 2023, with post-tax earnings falling by 29% to $28.3 billion. This drop was primarily attributed to lower oil and natural gas prices, which had surged the previous year following Russia's invasion of Ukraine.