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Tag: oil price
Oil price falls below $80 a barrel
2014-11-13 21:41:33| BBC News | Business | UK Edition
Brent crude oil price falls below $80 a barrel for the first time since 2010, as Saudi Arabia fails to confirm a cut in production.
Ecopetrol Profit Falls as Oil Price, Output Declines
2014-10-31 19:24:58| Jewelry - Topix.net
Ecopetrol SA , Colombia 's state-owned oil producer, said third-quarter profit fell 41 percent on a decline in crude production and prices. Net income dropped to 2.28 trillion pesos , from 3.86 trillion pesos a year earlier, the Bogota-based company said today in a statement .
Exxon defies low oil price with refining strength
2014-10-31 18:09:49| Energy - Topix.net
ExxonMobil Corp.'s refining and chemical operations rescued the company's third-quarter results amid falling global oil prices and lower oil and gas production. Exxon, the biggest U.S. oil company, posted a surprise increase in profit thanks to a 38 percent increase in profit from turning oil and gas into fuels and chemicals.
Exxon defies low oil price with refining strength
2014-10-31 17:51:37| Oil & Gas - Topix.net
NEW YORK - ExxonMobil Corp.'s refining and chemical operations rescued the company's third-quarter results amid falling global oil prices and lower oil and gas production. Exxon, the biggest U.S. oil company, posted a surprise increase in profit thanks to a 38 percent increase in profit from turning oil and gas into fuels and chemicals.
Shell hurt by oil price drop, names new chairman
2014-10-30 10:43:27| Chemicals - Topix.net
Shell, Europe's largest oil company, reported Thursday a small fall in third quarter net profit against a backdrop of sliding oil prices, and named former DuPont Chief Executive Charles Holliday to become chairman of the board in 2015. Net profit was $4.46 billion, down 4.5 percent from $4.67 billion in the same period a year earlier.
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