Newsfeeds Archive - Spark Newswire

2 minute read

Production Up, Profit Down: Imperial Oil Navigates Seasonal Trends In Q1

April 26, 1:26 PM

Imperial Oil reported higher first-quarter EPS and Upstream production, but lower net income. Dividend declared and carbon capture project initiated.

IMO

2 minute read

3 Energy Stocks Stand Among S&P 500’s Top 10 Performers In 2024 As Oil Prices Reach $90

By Piero Cingari

April 9, 4:18 PM

Sharp increase in oil prices has led to outperformance of energy stocks, with WTI rising 20% this year. EIA forecasts $90/bbl in Q2 2024 and $3.60/gal in retail gasoline prices by 2024. 3 energy firms in top 10 S&P 500 performers YTD and many more set to report earnings in April 2024.

CCJ

2 minute read

Iraq To Resume Oil Exports To Turkey Via Pipeline Shuttered A Decade Ago Amid Kurdish Negotiation Deadlock

By Benzinga Neuro

April 8, 7:34 AM

Islamic State attacks halted the pipeline's operations in 2014 which was responsible for about 0.5% of the world's oil supply.

BNO

2 minute read

Analyst Warns Of ‘Serious Escalatory Tit-For-Tat Cycle’ If Iran Strikes Back, Raising Fears Of ‘Wider War’ In Middle East

By Benzinga Neuro

April 5, 2:03 AM

Croft added that Iran has the potential to repeat its playbook from 2019 when it allegedly attacked oil tankers in the Strait of Hormuz, a critical waterway for oil import and export.

BNO

2 minute read

IEA Forecasts Slowdown In Oil Demand, Contrasts Positive Outlook By OPEC+

By Benzinga Neuro

December 14, 8:12 AM

The IEA cautions that this forecast "masks the impact of a further weakening of the macroeconomic climate."

BNO

1 minute read

General
News

COP28 Draft Proposes Historic Shift From Fossil Fuels Amid Global Debate

By Benzinga Neuro

December 13, 3:31 AM

The deal has sparked controversy for insufficient financial and equity provisions for developing nations and resistance from major oil-producing countries.

BNO