Monday, December 2, 2024
OPEC+ sees slightly smaller oil market surplus this year, sources say- oil and gas 360

OPEC+ sees slightly smaller oil market surplus this year, sources say

Nasdaq LONDON – OPEC+ sees this year’s oil market as slightly less supplied than previously thought, a day ahead of a meeting at which the producer group is set to decide on its production policy for next month.   New data showed that the OPEC+ Joint Technical Committee (JTC), meeting on Tuesday, trimmed its forecast for a surplus in the

Oil major BP boosts dividend as quarterly profits jump on high commodity prices- oil and gas 360

Oil major BP boosts dividend as quarterly profits jump on high commodity prices

CNBC Publisher’s Note: BPX Energy will be the lunch keynote on Monday, August 8, 2022 at EnerCom Denver- The Energy Investment Conference. Please register and schedule your one-on-one meetings with presenters at  EnerCom Denver. LONDON — U.K. oil giant BP on Tuesday raised its dividend and boosted share buybacks after tripling second-quarter profits on robust refining margins and trading.   The British