Energy & Utilities Roundup: Market Talk
Find insight on Harbour Energy, Aramco, oil futures and more in the latest Market Talks covering Energy and Utilities.
Platinum Market Set for Third Year of Major Deficits on Weak Supply — Commodities Roundup
The platinum market is likely to post a third year of deficits in 2025, as supply is stretched. The precious metal is forecast to be in a market deficit of 848,000 ounces in 2025--from prior ...
Low energy prices sting Aramco profits and squeeze the Saudi kingdom’s development plans
Saudi Arabia’s state-owned oil giant reported a $106.25 billion profit in 2024, down 12% from the prior year as the lower ...
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Threat of Rising Supply and Demand Destruction Puts Oil Prices Under Pressure
Oil prices are under pressure as OPEC+ prepares to unwind its production cuts just as the U.S.-China trade war gets underway.
The world’s biggest dividend has just been cut. Here’s why.
Saudi Arabian Oil Co. has slashed its massive dividend payout — the world’s biggest — as the state oil producer’s profit fell ...
European Midday Briefing: Investors Brace for More Trade Salvos
The French aerospace-and-defense company on Tuesday said that it made 1.42 billion euros ($1.49 billion) in net profit last year, compared with 1.02 billion euros a year prior, on sales which grew 12% ...
Saudi oil giant Aramco posts drop in full-year profit, slashes dividend
Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut. Lower oil prices hit ...
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Saudi Aramco to announce 2024 earnings on March 4
Saudi Arabian Oil Co. (Saudi Aramco) will release its 2024 financial results on March 4. The oil major’s net profit, after minority interest, fell to SAR 307.14 billion in the first nine months of ...