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One oil company CEO declared his company was a “cash machine.” Brent averaged US$74 in 3Q21, up 7% from the previous year and 71% higher than a year ago, reflecting favorable supply-demand balance and inventories below pre-pandemic levels. Gas prices increased sharply through the quarter.
Oct 18, 2024 · While North American benchmark oil prices (CL=F) slid six per cent in the third quarter versus the prior three months, the discount on Canadian crude was largely flat, thanks to the Trans...
- Jeff Lagerquist
Oct 19, 2022 · According to Zacks Investment Research, based on 8 analysts' forecasts, the consensus EPS forecast for the quarter is $5.06 vs. $2.96 for Q3 2021. ConocoPhillips (NYSE: COP) is expected* to...
- Alex Kimani
Nov 1, 2021 · In 2021, the average prices were $72.49 in July, $67.73 in August and $71.65 in September, i.e., much stronger year over year. The news is even better on the natural gas front.
Nov 23, 2021 · One oil company CEO declared his company was a “cash machine.” Rising prices Brent averaged US$74 in 3Q21, up 7% from the previous year and 71% higher than a year ago, reflecting favorable supply-demand balance and inventories below pre-pandemic levels.
- Andy Brogan
Nov 7, 2022 · Here’s a look at three of the biggest oil corporations and how they’re profiting right now: Exxon: Grew earnings to $19.7 billion and $24.4 billion in Q3 2022. Shares rose 3% to $110.70, a ...
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Oct 5, 2021 · Prices for Brent crude, which is the gauge for international oil, are up 54% in 2021 to $80 a barrel and could spring to $90 by year's end, according to Goldman Sachs. Oil prices have a...
