The Latest Breaking News from Petroleum

A matter of import: On spectre of wider trade and current account deficits

Spectre of wider trade and current account deficits is dragging the rupee down

The Hindu · Jul 5, 2022

Why Camber Energy, Indonesia Energy, Houston American Energy And Imperial Petroleum Shares Are Falling Today

Camber Energy Inc (NASDAQ: CEI), Indonesia Energy Corp Ltd (NASDAQ: INDO), Houston American Energy Corporation (NASDAQ: HUSA) and

Benzinga · Jul 5, 2022

3 Large-Cap Stocks Wall Street Thinks Will Rally More Than 30%

The stock market volatility is not expected to lessen anytime soon, with soaring inflation and the Fed’s aggressive stance to fight it. Despite the market uncertainties, Wall Street analysts see significant upside in large-cap stocks Diamondback Energy (FANG), Marathon Petroleum (MPC), and E.ON SE (EONGY). Keep reading….

StockNews.com · Jul 5, 2022

Here's How Much $100 Invested In Marathon Petroleum 10 Years Ago Would Be Worth Today

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 3.44% on an annualized basis producing an average annual return of 14.14%. Currently, Marathon Petroleum has a market capitalization of $44.84 billion.

Benzinga · Jun 30, 2022

Why Indonesia Energy, Houston American Energy And Imperial Petroleum Shares Are Falling Today

Indonesia Energy Corp Ltd (NASDAQ: INDO), Houston American Energy Corporation (NASDAQ: HUSA) and Imperial Petroleum Inc (NASDAQ:

Benzinga · Jun 30, 2022

Buffett Just Stocked up on These 3 Buy-Rated Stocks

Warren Buffett has been one of the most influential investors of all time. His careful methodology in picking stocks has made him a consistently successful investor. So, we think Warren Buffett stocks Occidental Petroleum (OXY), Celanese (CE), and McKesson (MCK), which are also rated Strong Buy or Buy in our…

StockNews.com · Jun 30, 2022

$44 Million Bet On Occidental Petroleum? 3 Stocks Insiders are Buying

Although US stocks closed slightly lower on Monday, there were a few notable insider trades.

Benzinga · Jun 28, 2022

Berkshire Hathaway Raises Stake In Occidental Petroleum, Find Out How Much

Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) has purchased another 794,389 shares of Occidental Petroleum Corp (NYSE:OXY), at an average price of ~$55.39, according to a Form-4 filing with the U.S. Securities and Exchange Commission. The total purchase amount was ~$44 million for ~794 thousand shares of OXY. Last week the company…

Benzinga · Jun 28, 2022

US Apex to Ramp Up Oil Production in Egypt’s Western Desert

Apex Chairman of the Board of Directors Roger Plank held talks on Monday with Egypt’s Minister of Petroleum and Mineral Resources Tarek El Molla. Plank said his company is currently studying the expansion of its activities in Egypt’s Western Desert by acquiring several already producing concession areas and intensifying drilling…

Asharq Al-Awsat · Jun 28, 2022

Sri Lanka Hikes Fuel Prices as US Delegation Arrives

Sri Lanka hiked fuel prices on Sunday, creating further pain for ordinary people as officials from the United States arrived for talks aimed at alleviating the island's dire economic crisis. Ceylon Petroleum Corporation (CPC) said it raised the price of diesel, used widely in public transport, by 15 percent to…

Asharq Al-Awsat · Jun 26, 2022