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Notebook ODMs mull hiking quotes to reflect rising components costs
Taiwan-based notebook ODMs plan to raise their quotes to reflect rising component prices that have been heaping pressure on their production costs, according to industry sources......»»
Chevron offering U.S. workers buyouts to trim staffing: sources
Chevron Corp is offering buyouts to reduce its U.S. oil exploration and production workforce, three sources told Reuters, as the oil major moves to cut costs in the face of sharply lower oil and gas prices. The N.....»»
Airline stocks dive as Iran tensions spark oil price surge, fuel-cost concerns
Shares of airline companies were broadly lower Friday, as a surge in crude oil prices, fueled by concerns over rising U.S.-Iran tensions, sparked fears of rising fuel costs......»»
Chesapeake Tests Investors’ Patience Again With Bigger Loss, Lower Production
Oil and gas producer Chesapeake Energy missed already low estimates for revenues and a net loss. Production fell sharply with oil prices rising only modestly and natural gas prices falling again......»»
Oil prices stabilize, but set for big weekly loss amid trade gloom, rising output
Oil prices steadied on Friday after a rough week, squeezed about 4% lower by a combination of rising global supply and uncertain future demand......»»
ConocoPhillips profit beats estimates on higher production
U.S. oil and gas company ConocoPhillips' quarterly profit shot ahead of analysts' estimates on Tuesday, as higher shale production offset the impact from lower crude prices and higher exploration costs......»»
Nervous about rising gas prices? Electric vehicles can help you avoid the added cost.
Plug-in electric vehicles can save you money, with much lower fuel costs.....»»
American’s stock leads airlines lower as oil price spike fuels concerns
Shares of airline companies suffered a broad beating Monday, led lower by American Airlines Group Inc.’s stock, as soaring crude-oil prices stoked fears that rising fuel costs would act as a drag on earnings......»»
American’s stock leads airlines lower as oil price spike fuels costs, pricing concerns
Shares of airline companies suffered a broad beating Monday, led lower by American Airlines Group Inc.’s stock, as soaring crude-oil prices stoked fears that rising fuel costs would act as a drag on earnings......»»
Europe markets stung by rising oil prices
Threat of higher inputs to industrial production nudged markets lower.....»»
Brexit, oil prices nudge London markets lower
The lingering threat of a no deal Brexit and rising industrial input costs kept buyers on the sidelines.....»»
Oil prices dip on rising US rig count
Oil prices started the week lower on higher production from more rigs......»»
Futures Movers: Oil prices fall, with U.S. benchmark poised for second straight weekly loss
Oil prices head lower Friday, with the U.S. benchmark poised to mark a second straight weekly decline, weighed down by rising U.S. production and the potential easing of OPEC output curbs......»»
Futures Movers: Oil prices fall, with U.S. benchmark ending at lowest since April
Oil prices settle lower Friday, with the U.S. benchmark marking its lowest finish since April, weighed down by rising U.S. production and the potential easing of OPEC output curbs......»»
Futures Movers: Oil prices head lower as investors wait for OPEC to make a move
Oil futures fall as the market waits to hear whether OPEC and its allies will begin increasing output again, as rising U.S. production also puts pressure on prices......»»
Trump has access to a little-used tool that could lower oil prices
Susan Walsh/AP President Donald Trump has repeatedly expressed concerns about energy costs. Rising gas prices could create a political headache for Republicans ahead of the midterm election. Some analysts think Trump could turn to.....»»
Trump May Tap Up To 30MM Barrels From Oil Reserve To Halt Rising Gas Price
Having already yelled at OPEC on several prior occasions on Twitter with demands for Saudi Arabia and the rest of the OPEC cartel to boost production in order to push oil - and gasoline - prices lower... ... only to realize that the.....»»
Futures Movers: U.S. oil benchmark slips, but tries for a second straight weekly gain
Prices for U.S. benchmark crude futures trade slightly lower Friday, but may end the week higher despite rising global production......»»
Trade War Continues to Lower Commodity Prices
Commodities declined in July due to increased potential for rising production in energy commodities and lower demand expectations for base metals. The Bloomberg Commodity Index Total Return performance was lower for the mon.....»»
US sees domestic oil production rising despite lower prices
The U.S. government left its forecast for domestic crude production unchanged for 2019 even with prices averaging almost $11 a barrel lower than its previous estimate......»»