Tag: Crude oil markets
Stocks open higher on Wall Street, on track for weekly gain
Stocks are opening higher on Wall Street Friday, keeping the market on track for a weekly gain following a big drop at the beginning...
OPEC and allies expected to gradually increase output
FRANKFURT, Germany — Members of the OPEC oil cartel and allied producing countries are juggling conflicting pressures in global oil markets as they establish...
US sells off Iranian crude oil seized off coast of UAE
DUBAI, United Arab Emirates — The U.S. has sold some 2 million barrels of Iranian crude oil after seizing an oil tanker off the...
Exxon posts $2.7B quarterly profit after unprecedented year
NEW YORK — Exxon Mobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions.
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