The Los Angeles Post
U.S. World Business Lifestyle
Today: April 17, 2025
Today: April 17, 2025
Arunima Kumar

Arunima Kumar

Staff Writer

Latest From Arunima Kumar

Business|Economy|Finance|Stock Markets|US

US producers face tough choices on growth, capital returns as oil falls below $60

A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, likely forcing companies to double down on

US producers face tough choices on growth, capital returns as oil falls below $60
Asia|Business|Economy|Finance|Political|World

Oil jumps 4% after Trump pauses tariffs on many countries, raises China levy

Oil prices climbed more than 4% on Wednesday, bouncing back from four-year lows earlier in the session, after U.S.

Oil jumps 4% after Trump pauses tariffs on many countries, raises China levy
Business|Economy|Finance|Political|US

Oil prices fall into negative territory as Trump announces new tariffs

Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as U.S.

Oil prices fall into negative territory as Trump announces new tariffs
Asia|Business|Economy|Finance|MidEast|Political|US|World

Oil prices climb 2% to five-week high on Russia, Iran supply worries

Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S.

Oil prices climb 2% to five-week high on Russia, Iran supply worries
Business|Economy|Europe|Finance|Stock Markets

Shell raises shareholder distributions and LNG sales target, trims spending

Shell on Tuesday pledged to return more cash to shareholders on the back of higher LNG sales, mainly via buybacks, trimmed its investments

Shell raises shareholder distributions and LNG sales target, trims spending
Asia|Business|Economy|Finance|Political|Stock Markets|World

Oil rises 1% as Trump plans tariff on countries that buy Venezuelan oil, gas

Oil prices gained 1% on Monday as U.S. President Donald Trump said he will impose a 25% tariff on countries that buy oil and gas from Venezuela.

Oil rises 1% as Trump plans tariff on countries that buy Venezuelan oil, gas
Business|Finance|MidEast|Stock Markets|US

Oil prices settle $1 higher after US issues new Iran-related sanctions

Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East countered strength in the dollar.

Oil prices settle $1 higher after US issues new Iran-related sanctions
Business|Economy|MidEast|Political|World

Oil rises on US fuel demand, Fed rate decision caps gains

Oil prices edged up on Wednesday after U.S. government data showed a draw in fuel inventories, but the Federal Reserve's decision to hold interest rates steady capped gains.

Oil rises on US fuel demand, Fed rate decision caps gains
Business|Economy|Finance|Political|Stock Markets|US

Oil settles slightly up on weaker dollar, US economic fears cap gains

Oil prices settled slightly higher on Tuesday, helped by weakness in the dollar, but gains were capped by mounting fears of a U.S. economic

Oil settles slightly up on weaker dollar, US economic fears cap gains
Business|Economy|Environment|Finance|Stock Markets

BP to ditch renewables goals and return focus to fossil fuels

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy

BP to ditch renewables goals and return focus to fossil fuels
Asia|Economy|Finance|Political|World

Oil settles down $2, posting weekly loss as Mideast risk premium fades

Oil prices settled down more than $2 a barrel on Friday, posting a weekly decline as investors grappled with a fading Middle East risk premium alongside

Oil settles down $2, posting weekly loss as Mideast risk premium fades
Business|Economy|Europe|Finance|Stock Markets

Elliott builds BP stake of nearly 5%, pushes for big divestments, source says

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance,

Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Business|Economy|Europe|Finance|Stock Markets

BP pledges strategy reset as annual profit falls by a third

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.

BP pledges strategy reset as annual profit falls by a third
Business|Europe|Finance|Stock Markets

BP shares climb on prospect Elliott stake will drive change

Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder

BP shares climb on prospect Elliott stake will drive change
Americas|Business|Economy|Political|US

Oil prices close at 1-month low as US pauses tariffs on Mexico

Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, as the market digested U.S.

Oil prices close at 1-month low as US pauses tariffs on Mexico
Business|Economy|Political|US

Oil eases to one-week low amid Trump tariff uncertainty

Oil prices eased to a fresh one-week low on Wednesday as the market considers how U.S.

Oil eases to one-week low amid Trump tariff uncertainty
Asia|Business|Economy|Finance|MidEast|Political|World

Oil dips as market awaits Trump's executive orders on energy

Oil prices settled lower on Monday after U.S.

Oil dips as market awaits Trump's executive orders on energy
Business|Finance|Stock Markets|Technology

Lower prices, oversupply to weigh on lithium miners

Albemarle Corp, the world's largest producer of lithium, is expected to report lower quarterly profit as prices of the silvery-white metal came under pressure due to

Lower prices, oversupply to weigh on lithium miners
Business|Finance|Stock Markets|US

Marathon Petroleum's quarterly profit tops estimates on strong fuel demand

Marathon Petroleum beat estimates for third-quarter profit on Tuesday as demand for refined fuel soared amid already-tight supplies, sending the top U.S. refiner's shares

Marathon Petroleum's quarterly profit tops estimates on strong fuel demand

Follow