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Behind Big Oil’s first-quarter beat: The quiet rise of trading desks

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An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city...
Business

Oil major BP beats profit expectations as Iran war boosts fuel prices

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The BP refinery in Lingen, Germany (aerial view with a drone).Picture Alliance | Picture Alliance | Getty ImagesBritish energy major BP on Tuesday reported...
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European markets to open higher as Trump considers Iran peace proposal

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LONDON — European stocks are expected to open higher on Tuesday as investors await Washington's response to Iranian peace proposals and look ahead to...
Business

Oil giant BP suffers shareholder revolt over climate transparency at tense AGM

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LONDON — British energy major BP suffered a shareholder revolt at its annual general meeting on Thursday, following a tense clash with investors over...
Business

‘You’re an idiot’: Apollo CEO Marc Rowan has a word for lenders who can’t meet private credit fund redemptions

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Alternative investments giant Apollo Global Management has seen its stock swoon this year as a result of fears in the private credit market. At...
Business

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

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British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.Nurphoto | Nurphoto | Getty ImagesBP's...
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Why pressure is mounting at oil giant BP ahead of its annual general meeting

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A sign at BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025.Bloomberg | Bloomberg | Getty ImagesA growing chorus of dissenting...
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Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself

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A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is reviving an uncomfortable question:...
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A fragile U.S.-Iran ceasefire sparks market relief — but no clear path to lasting peace

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WASHINGTON, DC - APRIL 06: U.S. President Donald Trump speaks alongside Central Intelligence Agency Director John Ratcliffe (L) and U.S. Secretary of War Pete...
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CNBC Daily Open: Trump’s truce sparks global relief rally

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TOPSHOT - Rocket trails are seen in the sky above the Netanya, Israel, on April 8, 2026. Israel's military issued two warnings in quick...
Business

European stocks set to soar after U.S.-Iran ceasefire deal

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Traders work on the floor of the New York Stock Exchange during morning trading on April 02, 2026 in New York City. Michael M....
Business

CNBC Daily Open: Markets cheer as Trump and Tehran agree to 2-week ceasefire

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WASHINGTON DC, UNITED STATES - APRIL 6: The United States President Donald Trump holds a Press Conference in the James S. Brady Press Briefing...
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