July
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Saudi Arabia’s Net Foreign Assets Rose in June From 10-Year Low
Saudi Arabia’s net foreign assets rose 2% in June, recovering slightly from their lowest level in more than a decade as higher oil prices gave the kingdom a boost.
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Chevron Revives Buyback of Up to $3 Billion After Oil Rally
Chevron Corp. is reviving share buybacks that were suspended more than a year ago, signaling confidence that strong cash flows from high commodity prices will be sustained well into the future.
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Big Oil Shows Confidence The Era of Large Profits Is Back
Europe’s largest oil and gas companies showed confidence that the era of big profits is back by significantly boosting returns to shareholders.