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As OilPrice.com reports, Brent crude oil prices fell 2.8% through 10:30 a.m. ET today, to about $71 per barrel, while U.S.-preferred West Texas Intermediate (WTI) crude prices dropped more than 3% ...
Oil prices are notoriously volatile. Over the past year, crude oil has topped out around $90 a barrel and been down in the $60s. That volatility can have a big impact on the cash flows produced by ...
Shell plc is a multinational energy company that operates worldwide and produces petroleum, natural gas, lubricants, and petrochemicals. It was formed in 2005 by the merger of Royal Dutch Shell and Shell Transport and Trading, and has a history of acquisitions, divestitures, and environmental issues.
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The NYSE Arca Oil Index, previously AMEX Oil Index, ticker symbol XOI, is a price-weighted index of the leading companies involved in the exploration, production, and development of petroleum. It measures the performance of the oil industry through changes in the sum of the prices of component stocks.
Oil production advanced 2% on an annual basis to 3.6 million barrels of oil equivalent per day. Promisingly, the solid first-quarter performance prompted Shell to raise the Q1 dividend 5% to 45 U ...
Buckeye Partners is a subsidiary of IFM Investors that operates over 6,200 miles of petroleum pipelines and over 100 truck-loading terminals in the US. It is a descendant of Standard Oil and has acquired pipelines and terminals from Shell, Penn Central, and Chevron.
The oil and gas giant makes $6.2bn between July and September as crude oil prices crept up again.