Energy

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Crude Price Slips on Rising US Stockpile

The U.S. stockpile of crude oil rose by nearly 6 million barrels last week while stocks of gasoline and diesel fuel declined. The price of crude has slipped by less than 1% following the…

Paul Ausick · 7 years ago

BP’s Q3 Results Reflect Doldrums in the Oil Patch

Even excluding impairment charges of more than $3 billion, BP's profit fell by around 40% in the third quarter. Expectations were even lower and investors aren't taking the bait.

Paul Ausick · 7 years ago