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Oil giant Shell posts $6 billion profit beat, launches new share buyback program

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy…

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BP shares drop 3% after warning of up to $2 billion impairment, weak refining margins

BP in 2020 set out its ambition to become a net zero company “by 2050 or sooner.” Matt Cardy |…

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‘Big opportunity’: One pro names his top energy stocks for the long and short term

Energy stocks have had a mixed start to the year as ongoing geopolitical uncertainties and fluctuating oil prices continue to…

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Economy

Stocks making the biggest moves midday: Nvidia, Alaska Airlines, Twilio and more

Check out the companies making headlines in midday trading. Boeing — Shares of the aerospace and defense giant lost 6.51%…

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Look beyond valuation — this fund manager uses a unique strategy for returns that beat inflation

Hot inflation has been a global scourge in the past few years, and though it has cooled recently, consumers may…

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Goldman Sachs says European Big Oil is at a turning point — and names 3 top picks

Energy stocks have had a tough year, but Goldman Sachs sees promise in European Big Oil. “We are currently at…

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‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims

LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases…

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