A 50-bp Fed rate cut could drive gold above $2,600, but a 25-bp cut may trigger a sell-off. Central bank demand and ETFs keep ...
As the climate crisis gets worse, global fossil fuel production is growing and oil and gas companies are making record ...
Growth stocks are some of the best, given their track record in outperforming the ... the previous year’s estimate, which saw BP reduce its expectations for expanding oil and gas demand. Even though ...
On Sept. 18, the Federal Reserve announced a 50-basis-point cut to its benchmark interest rate. This was its first interest rate cut in more than four years. The cut was at the high end ...
The figures add weight to calls for a windfall tax to be imposed on BP and rival Shell. Both made record profits of more than £9 billion last year, with BP's figure the highest ever recorded by a ...
On Monday, the local currency opened flat at Rs 83.90 against the US dollar, according to Bloomberg. It had closed at Rs ...
while the P/S multiple is already near record lows. Data by YCharts This dynamic shows that the market is currently pricing-in ongoing weakness in BP's profitability with operating margins ...
Record Q2 production levels and an improving ... to capitalize on the current price environment. Segment RC profit (~EBIT) for BP's oil-focused upstream segment were up 2% as higher production ...
Shell’s profits plunged from a record $40bn at the height of the ... Oil is a highly cyclical sector, so I prefer to buy when stocks are down rather than up. I resisted chasing BP and Shell upwards ...
For the time being, we note that the market seems to be pricing in a fifty basis points (bp) rate cut by 63% according to Fed ...
Plug's state-of-the-art Gigafactory in Rochester, N.Y., one of the largest PEM manufacturing facilities in the U.S., further demonstrates the company's ability to deliver on this project. Together, ...
After a long wait, it looks like September will finally see the Federal Reserve kick off its interest rate cut programme.