Biden urges G7 to stay together as leaders target Russian gold, oil price
Mining News Pro - US President Joe Biden told allies “we have to stay together” against Russia on Sunday as G7 leaders gathered for a summit dominated by war in Ukraine and its impact on food and energy supplies and the global economy.
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Visit: 731
Sasol swings to $5.3bn annual loss on lower oil prices
Mining News Pro - South African petrochemicals group Sasol reported an annual loss on Monday, hit by a writedown of R111.6-billion and a drop in oil and chemical prices due to the coronavirus outbreak.
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Visit: 664
Vedanta books $1.7 billion loss in Q4 as oil prices plunge
Mining News Pro - Indian miner Vedanta Ltd reported a net loss of 125.2 billion rupees ($1.7 billion) for the fourth quarter of its financial year, compared with a profit of 26.15 billion rupees in the same period a year earlier.
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Visit: 667
Woodside predicts two year low oil price
Mining News Pro - Oil and gas major Woodside has warned shareholders that the low oil price environment could persist for the next two years.
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Visit: 725
Santos hit by lower oil prices
Mining News Pro - Oil and gas major Santos has reported a 14% drop in revenue for the three months to March, as both production and oil prices tumbled.
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Visit: 940
Sharp Drop in Oil Prices Following the Disagreement Between Russia and Saudi Arabia
Mining News Pro - Suspension of negotiations between Saudi Arabia and Russia over oil production cut has caused concern persist.
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Teck misses Q4 profit estimates on lower copper, zinc and oil prices
Mining News Pro - Teck Resources, Canada’s largest diversified miner, posted Wednesday quarterly profits below estimates, due mainly to weak prices for heavy crude and base metals.
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Visit: 946
Reducing oil prices in global markets
Mining News Pro - Oil prices fell on Thursday as concerns over the emerging market conditions shadowed the oil market.
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Visit: 1269
Oil prices higher as U.S. sanctions limit Iran exports
Mining News Pro - Oil prices rose on Monday
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Visit: 1268
US STOCKS-S&P 500 essentially unchanged as oil prices, trade worries weigh
Mining News Pro - US STOCKS-S&P 500 essentially unchanged as oil prices, trade worries weigh
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Visit: 1011
Rising oil prices threaten to erode mining sector`s profitability
Mining News Pro - Rising oil prices are the latest challenge to the mining sector`s profitability, threatening to eclipse hard-fought efficiency gains during the past two years and increasing metals demand.
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Visit: 1342
With a drop in concerns over supply disruption
Oil prices fell
Mining News Pro - With the reopening of Libyan ports and hopes for countries to get exemptions to buy oil from Iran, fell by 4% to the lowest level in the last three months.
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Visit: 1151