Santos Reports Strong Finish to 2023
Santos, the oil and gas company, announced that its fourth-quarter production saw a modest increase compared to the prior quarter, marking a strong end to 2023. However, it highlighted the…
U.S. Crude Oil and Gasoline Inventories Show Mixed Results
According to data released by the U.S. Energy Information Administration (EIA), there was an increase in U.S. crude oil and gasoline inventories last week. However, distillate fuel stocks experienced a…
Barrick Gold Reports Decline in Q2 Profit
Barrick Gold, the Canadian mining major, announced a decrease in net income for the second quarter, attributed to lower production and increased costs during the period. The company reported a…
Global Grains Production to Reach New Record in 2023/24
The International Grains Council (IGC) has projected that global grains production will reach a new record in the 2023/24 season, driven by strong growth in U.S. corn and Brazilian soybeans.…
Platinum Production and Sales Decline in Q2
Anglo American Platinum reported a decrease in platinum production and sales volumes in the second quarter. However, the company remains confident in achieving its full-year targets for both production and…
Ford Motor Cuts Prices for F-150 Lightning Electric Pickup Truck
Ford Motor has announced a price reduction for its F-150 Lightning all-electric pickup truck. The company attributes the price cuts to improved production and increased supply. Ford has decreased prices…