The extraordinary scale of the industry’s earnings has renewed criticism and sparked calls for a Big Oil windfall profit tax.
More Stories
: Bank of Canada hikes rates, ending ‘pause’
The Bank of Canada on Wednesday hiked interest rates by a quarter of a percentage point, resuming tightening after a...
: EIA reports weekly decline in U.S. crude supplies, product inventories rise
The Energy Information Administration on Wednesday reported that U.S. commercial crude inventories edged down by 500,000 barrels for the week...
: U.S. stocks open slightly higher after trade deficit data
U.S. stocks opened slightly higher Wednesday as investors digested data showing the U.S. trade deficit widened sharply in April. The...
: Tesla stock rises again, toward longest win streak in more than 2 years
Shares of Tesla Inc. TSLA rallied 3.0% toward a seven-month high in premarket trading Wednesday, which also puts them on...
: Ollie’s stock rises on boosted adj. profit view
Ollie’s Bargain Outlet Holdings Inc. OLLI stock is up 3% in premarket trades Wednesday after the closeout merchandise retailer boosted...
: Apollo lines up warehouse financing commitment from Abu Dhabi Investment Authority
Apollo Global Management Inc. APO said Wednesday it received a commitment from Abu Dhabi Investment Authority (ADIA) for warehouse financing...