Oil gives up gains as panic eases over Israel's retaliation against Iran
Oil prices slipped Friday, following price spikes earlier after Iran fired defenses in military bases in response to drones in the air, suspected to be Israel's.
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.
BP to Simplify Structure, Trim Leadership Team
BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.
Santos's Oil, Natural Gas Output Fell 7% in First-Quarter
Santos said its oil and natural gas production fell by 7% in its latest quarter, after its operations were disrupted by bad weather and planned maintenance.
U.S. Says Oil Companies in Venezuela Can Still Operate Despite Regime Oppression
Companies that entered Venezuela after U.S. lifted sanctions must apply for licenses on a case-by-case basis to remain in the country.
U.S. Crude Oil Supplies Rise More Than Expected
Weekly commercial crude storage grew by 2.7 million barrels to 460 million barrels, while analysts predicted an increase of 600,00 barrels.
New Maui Fire Report Shows the Role Hawaiian Electric Power Line Played in Deadly Blaze
Hawaii attorney general's report offers details about high winds and a downed power line on the day catastrophic flames engulfed Lahaina on Maui last summer.
Vinci Buys Majority Stake in Edinburgh Airport
Vinci has bought a majority shareholding in Edinburgh Airport for around $1.6 billion, expanding its network in the U.K. to three airports.
Wall Street Is Betting OPEC+ Can Fend Off $100 Oil
Traders expect spare capacity will cap crude prices despite the conflict in the Middle East.
(END) Dow Jones Newswires
04-19-24 0715ET