feed: Energy Stories
Oil prices rose on Thursday on supply disruptions concerns in Venezuela and the Middle East as well as by strong demand.
Oil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas prices.
India, Indonesia and the Philippines would be hit hard if investor pulled their capital for better returns in the U.S., said Sat Duhra, a portfolio manager at Janus Henderson.
Houston-based Petroleum Products & Services, Inc d/b/a Wellhead Distributors International (WDi) has emerged from Chapter 11 Bankruptcy with a Plan of Reorganization unanimously supported by all creditors and litigants. Presiding Judge Isgur agreed with the supporters of the plan citing “insurmountable evidence in support of the WDi plan,” approving it immediately. According to Alex Kiss, […]