LyondellBasell is in solid financial health. Management reported a net debt/adjusted EBITDA ratio of 1.8 times as of Dec. 31, 2024. We expect the leverage ratio will remain healthy over time as the ...
Phillips 66 reported a loss for the fourth quarter, as expected, but this loss was smaller than analysts had forecast as the ...
Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...
Chevron reported lower-than-expected fourth-quarter earnings due to a loss in its refining division, despite strong upstream ...
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
Rabo is predicting a firming in its Australian commodity price index based on the lower AUD, and solid livestock and grain ...
Oil futures edged higher in early Asian trade. Brent crude oil was consolidating around the $77/bbl level amid continued uncertainty over whether OPEC will align its policies with Trump’s desire for ...
This allows Dow to manufacture at a significant cost advantage to marginal cost producers that rely on higher-cost crude oil-based feedstocks to make the same products. Dow’s commodity chemicals are ...
Report by US think tank National Center for Energy Analytics criticised IEA over what it said was organisation’s ...
U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to data released Wednesday by the U.S. Energy Information ...
The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...
OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same ...