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Shell achieves record annual profit of $40 billion

Shell achieves record annual profit of $40 billion

Shell said on Thursday it posted a record profit of $40 billion in 2022, capping a tumultuous year in which Russia’s invasion of Ukraine allowed the energy giant to distribute shareholders unprecedented returns. The British company’s record annual profits, which…

U.S. crude stocks hit highest since June 2021: EIA

U.S. crude stocks hit highest since June 2021: EIA

U.S. crude inventories rose last week as fuel demand declined, and while the rise was smaller than expected, U.S. crude stockpiles petroleum touched their highest level since June 2021, the Energy Information Administration (EIA) said Wednesday. Crude inventories rose by…

Oil falls on global economic concern

Oil falls on global economic concern

Oil prices fell on Tuesday amid concerns about a slowing global economy and the expected build-up of U.S. inventories. At 1746 GMT, the Brent crude It was down $1.36, or 1.5 percent, at $86.83 a barrel, while the West Texas…

What should you know about the Bitcoin blockchain?

Bitcoin blockchain

With such widespread connectivity, the need for a trusted and secure digital ledger of transactions across supply chains is paramount. Check websites like quantum-ai-trading.com to utilize the best trading strategies to make your bitcoin trades profitable. That is where Bitcoin…