Blogposts tagged 'Oil Demand'

It's big energy money week! Get your annual financial thrills as the big international oil companies - Shell, BP, ExxonMobil and the rest - publish their quarterly financial reports results this week, all at once!

And if you like a gory financial thriller, they promise to be quite a good read, because profits are tanking. Take Shell, for example. When your quarterly profits fall by 70% in one year, you know something's gone a bit wrong. ExxonMobil's are down by 66%. BP's profits have more than halved. The global economic downturn is kicking in.