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Oil Prices Rise after Trump Falsely Claims Victory in Tight US Election
2020-11-04 11:45:00| OGI
A victory by Donald Trump is viewed as bullish for oil because of sanctions on Iran and his support for Saudi-led OPEC oil cuts to support prices while a victory by his rival Joe Biden would be seen as bearish.
Financial markets rise ahead of US election
2020-11-03 17:58:08| BBC News | Business | UK Edition
Uncertainty about the outcome of the race has weighed on share prices in recent weeks.
Tags: financial
rise
ahead
markets
Lenovo revenues, profit rise in Q2 on demand for PCs, recovering mobile ops
2020-11-03 09:57:00| Telecompaper Headlines
(Telecompaper) Lenovo reported a higher set of results for the second quarter, buoyed by continued demand for PCs amid home working and learning, and a recovering mobile business group amid the continuing covid-19 pandemic. Revenues for the quarter to end September increased 7 percent from the year before to USD 14.52 billion with the profit attributable to shareholders jumping 53 percent to USD 310 million.
Tags: mobile
rise
demand
profit
Canada Turns on Oil Taps as Prices Rise, Curbs Lift
2020-11-02 15:08:08| OGI
Producers cut 972,000 barrels per day (bbl/d) in spring but they since restored all but 270,000 bbl/d, according to the Canada Energy Regulator.
Bankruptcies, Debt Rise as Credit Hope Dwindles for E&Ps
2020-10-27 20:51:22| OGI
The amount of debt associated with oil and gas bankruptcies so far this year has reached more than $50 billion, a report shows.
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