Throughout this year, executives from oil majors and big independents have detailed plans to commit larger shares of their capital budgets to their core businesses of finding and developing reserves of oil and natural gas. […]
What Pretoria should have done was play it cool, refuse to indulge the media circus surrounding the upcoming summit, and candidly discuss everything with the bloc behind closed doors. That would have kept up appearances […]
The headline from TSLA’s earnings tonight for Q2 2023 appear positive with top- and bottom-line beats: *TESLA 2Q REV. $24.9B, EST. $24.51B *TESLA 2Q ADJ EPS 91C, EST. 81C That is a record revenue for […]
Both WTI and Brent dropped in early trading on Wednesday before recovering as traders weigh economic concerns and tightening supply. The API reported a draw in crude and gasoline inventories which, if confirmed by the […]
Oilfield services provider Baker Hughes (NASDAQ: BKR) reported on Wednesday second-quarter earnings beat analyst expectations as strong global upstream activities and the return of offshore drilling more than offset a recent market softness in North […]
Authored by Terri Wu via The Epoch Times (emphasis ours), China’s economy is facing its biggest challenge in decades, and the authorities are running out of tools in their toolbox to address the issues, according […]
Authored by Simon White, Bloomberg macro strategist, Inflation breakevens have potential to rise due to supportive conditions in the oil market. US inflation is falling. The trend should remain intact, for the next three-six months […]
Buenos Aires – There were a lot of thumbs-up signs from Argentine Economy Minister Sergio Massa on a recent trip to Beijing. The packed agenda for one of the most influential politicians in Argentina was […]
Earnings season began last week, with 12 S&P 500 companies reporting. Banks and financial companies were a big part of the mix. Better news on consumer inflation (CPI) boosted stocks while lowering yields and expectations for […]
The global economy’s brief run of good luck may be ending. Manufacturing activity is weakening across the world. Europe slid into a mild recession earlier this year. China’s much-anticipated rebound from Covid-19 lockdowns is sputtering. Many emerging markets continue […]
Copyright © 2025 | Sandstone Group