SINGAPORE (Reuters) – Oil prices climbed on Wednesday after industry data showed U.S. crude stockpiles fell unexpectedly last week and China, the world’s second-biggest oil user, recorded its lowest daily rise in COVID-19 cases in more than two weeks.
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Exxon Mobil Corp. and BP Plc, both of which last year weathered their worst stock-price slumps in decades, are up more than 10% in 2021. Still, the supermajors are largely out of favor: The combined market value of Exxon, Chevron Corp., Royal Dutch Shell …
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For 2021, Tullow forecast that its production will fall to 60,000-66,000 barrels a day due to the 2020 drilling hiatus, a planned shut-down on Jubilee, and deferred development drilling on Simba, Gabon.
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TOKYO/NEW YORK (Reuters) – Asian equities slipped on Wednesday as investors looked to the Federal Reserve’s guidance on its monetary policy while futures for U.S. tech shares jumped after strong earnings from Microsoft. FILE PHOTO: A man stands on …
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“2020 has been the probably the most challenging of any of our 90 plus years here at Hawaiian Airlines,” said Brent Overbeek, Hawaiian Airlines Senior Vice President of Network Planning and Revenue Management. Hawaiian …
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