Oil Extends Gains as Stocks Struggle; Pound Climbs: Markets Wrap Global markets continue to navigate a complex economic landscape, with oil prices on the rise while stocks face significant challenges. Meanwhile, the British pound is recording gains, highlighting the contrasting dynamics shaping financial markets today....

BP's Sale of Key Pipeline to Billionaire is Bad for the UK The recent decision by BP to sell a key pipeline to a billionaire is raising serious concerns about the impact of this transaction on the UK. The pipeline, which plays a crucial role...

PetroChina Suffers Worst Year Posting Lowest-Ever Profit PetroChina, one of the world's largest oil and gas companies, has experienced one of the worst years in its history, posting the lowest profit ever recorded. This performance reflects a series of challenges faced by the company in...

European Stocks End With Gains as Miners, Oil Giants Rally European stock markets closed higher today, driven by a strong rally in the mining sector and major oil companies. This surge in stock prices highlights a significant rebound in these key industries, reflecting optimism and...

The Oil and Gas Situation: The Rigs Just Keep On Coming As global energy markets continue to evolve, the persistent increase in the number of oil and gas rigs highlights a dynamic shift in the industry. This ongoing expansion of drilling operations underscores the sector's...