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Top News In கம ஹேம் Today - Breaking & Trending Today
Oil prices rose towards $71 a barrel on Thursday on rising Middle East tensions, while fresh movement restrictions imposed by countries to counter a surge in COVID-19 cases threatened the demand recovery. ....
Reuters 3 minute read The logo of U.S. oil and gas company EOG Resources is seen in its office in Chongqing, China December 15, 2017. REUTERS/Chen Aizhu Aug 4 (Reuters) - Oil and gas producers EOG Resources Inc (EOG.N), APA Corp(APA.O) and Marathon Oil Corp (MRO.N) topped Wall Street estimate for second-quarter profit on Wednesday, driven by higher crude prices. U.S. crude prices rose 24% in the June quarter and have climbed 45% since the start of 2021 on the back of a vaccine-fueled demand recovery and output cuts by OPEC+. Marathon also raised its quarterly base dividend by 25% to 5 cents per share, the company s second consecutive increase. ....
Asian shares held on to recent gains in morning trading on Thursday, despite hawkish remarks from a senior official at the U.S. Federal Reserve, that boosted the dollar while weighing on risk appetite, and uncertainty about Chinese policy. ....
Colombia's majority state-owned oil company Ecopetrol's second-quarter net profit soared to 3.72 trillion pesos ($951 million), boosted by strong sales, the company said on Tuesday, compared with 25 billion pesos in the year-earlier period. ....
World stocks eased from the previous session's record highs while the dollar reached its highest in eight days on Thursday, after hawkish remarks from a senior U.S. Federal Reserve official. ....