China’s three major oil majors are the top performing stocks year-to-date among the exchange-listed ADRs trading in the US markets. These stocks have fared relatively well compared to other foreign oil firms. Before we get to the performance list, crude oil decline dramatically since the start of the year even before COVID-19 started raging the …
The S&P Global Platts Top 250 for this year was published last month. These firms are ranked based on asset worth, revenues, profits and return on invested capital. This ranking considers only publicly traded energy firms. The following table shows the Top 50 of S&P Global Platts Top 250 Energy Firms for 2019: Click to enlarge …
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The global oil industry got a wakeup call with the huge attack on two Saudi oil facilities on Saturday. Oil prices are soaring Sunday night as a result of this attack. Experts in the media are using words such as “game changer”, “crippling”, “big deal”, “big one” etc. to describe the attack. The use of …
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Oil is the most important commodities in the world. The price of crude oil impacts most of the global economies. Rising oil prices tend to be a boon to oil producing countries but adversely affect consuming countries. Despite being the most important and highly traded commodity, the price of oil is one of the mysteries …
