Buy back stocks to repay loans! Cash flow crisis for oil giant, will the 'platinum age' of refining industry come to an end amid low oil prices?
With the decline in crude oil prices and refining profit margins, four of the five major super oil companies may need to borrow money to fund the recent $15 billion share buyback for the last quarter.
Crude oil products experience a sharp decline. What are the influencing factors? This article examines the logic behind the decline in crude oil and market focus.
Crude oil products opened lower today, with market analysts attributing the decline to easing Middle East geopolitical tensions and the impact on supply and demand dynamics. For more details, please read on.
WTI Crude Rebounds, But Bearish Bias Holds
Oil Prices Drop After Israeli Airstrikes Spare Iran's Oil Facilities; U.S. Stock Futures Rise
Oil prices plummeted at the opening! Israeli airstrikes did not target Iranian energy and nuclear facilities.
①Although Israel launched a new round of airstrikes against Iran over the weekend, the apprehension of market investors was instead relieved at the beginning of this week; ②Because Israel's targets did not include Iran's energy and nuclear facilities, this led to a significant drop in crude oil prices on Monday, and safe-haven asset gold also experienced a slight pullback...
Oil Prices Drop As Israeli Airstrikes Spare Iran's Oil Facilities