BP swings to loss on weaker upstream earnings

2019-10-29

BP PLC said Tuesday that it swung to a loss in third-quarter earnings as it reported a divestment-related charge as well as lower upstream earnings. The London-based energy giant BP, -0.28% BP, +0.00%  posted a replacement-cost loss–a metric similar to the net income figure that U.S. oil companies report–of $351Read More →

Gold and silver advance, tracking weaker stocks

2019-05-29

Gold and silver futures regained positive ground Wednesday, inversely tracking weaker trade for stocks and other so-called risk-on markets. Gold for June delivery on Comex GCM19, +0.42%  rose $4.80, or 0.4%, to $1,281.90 an ounce, while July silver SIN19, +0.77%  gained 12 cents, or 0.82%, to $14.440 an ounce, crawlingRead More →