Sam Meredith

Articles by Sam Meredith

BP profit more than doubles as Trump blasts Big Oil for β€˜making too much money’ - cnbc.com

Business August 5, 2026

Britain's BP on Tuesday reported a sharp upswing in second-quarter profit, as energy supermajors reap massive profits from higher fossil fuel prices amid hostilities between the U.S. and Iran. The oοΏ½...

Shell posts best quarterly profit in four years as Iran war boosts oil and gas prices - CNBC

Business July 31, 2026

British energy major Shell on Thursday reported stronger-than-expected second-quarter profit, benefitting from the jump in oil and gas prices amid the sprawling Middle East conflict. The oil giant pοΏ½...

Jeep maker Stellantis swings to profit on rising demand in North America; shares fall 5% - CNBC

Business July 31, 2026

Auto giant Stellantis on Thursday swung to profit in the second quarter, boosted by rising demand in North America as the company showed tentative signs of benefitting from CEO Antonio Filosa's turnaοΏ½...

Oil prices set for steep monthly drop as Trump, Iran issue mixed messages on talks in Qatar - CNBC

Business July 1, 2026

Oil prices were mixed on Tuesday as energy market participants closely monitored the potential for fresh talks between the U.S. and Iran in Qatar. International benchmark Brent crude futures with AuοΏ½...

Chevron CFO says gas prices will normalize after Trump presses Big Oil - CNBC

Business June 26, 2026

Chevron Chief Financial Officer Eimear Bonner told CNBC on Thursday that the oil major expects U.S. gasoline prices to fall as the Middle East situation continues to normalize. Her comments come shoοΏ½...

Shell tops profit estimates as Iran war boosts oil price, cuts share buybacks - CNBC

Business May 8, 2026

The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. British energy major Shell on Thursday reported stronger-than-expected first-quarter profit as the Iran war sent οΏ½...

BP shares fall 5% after oil major suspends share buyback plan - CNBC

Business February 11, 2026

British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower crude prices take their toll. The οΏ½...

Orsted files legal challenge over Trump's halt to $5 billion offshore wind project - CNBC

Business January 3, 2026

Danish renewables giant Orsted, the world's largest developer of offshore wind farms, said on Friday that it had launched legal action against the Trump administration over the suspension of its $5 bοΏ½...

China’s BYD poised to overtake Tesla as world’s top EV seller for the first time - CNBC

Business January 3, 2026

Chinese auto giant BYD on Friday is expected to dethrone U.S. rival Tesla as the world's biggest seller of electric vehicles on a calendar-year basis. The milestone would cap an extraordinary rise fοΏ½...

10-year Treasury yield dips as investors await final economic data of 2025 - CNBC

Business January 1, 2026

The U.S. 10-year Treasury was slightly lower on Wednesday as investors await economic data and take stock ahead of the New Year. The yield on the 10-year Treasury dipped by 2 basis points to 4.108%.οΏ½...