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U.S. crude oil inventories fell by more than 2 million barrels last week, considerably more than expectations. Prices have jumped more than 3%, largely due to the U.S. withdrawal from the nuclear...
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Both Boeing and Airbus stand to lose about $20 billion in Iranian business as a result of the U.S. withdrawal from the nuclear non-proliferation deal with Iran. That sounds like a big deal, but is it...
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Boeing has signed a memorandum of agreement to sell 30 737 MAX airplanes to Iran Aseman Airlines with purchase rights for another 30. The deal is the first with Iran since President Trump took office.
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Increased tensions between the U.S and Iran could be leading to a new wave of cyberattacks against U.S. firms. Financial sector companies are especially attractive targets, according to some security...
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WTI crude oil slipped by about a dollar a barrel in Monday's futures market on a continuing rise in U.S. drilling rigs and massive sales of stored Iranian oil are responsible for the downturn.
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By now most people know that when The Boeing Co. (NYSE: BA) or Airbus or any other commercial plane manufacturer announces a firm contract, the total value of the contract is reported at the full...
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Airbus Group SE announced Thursday that it has signed a firm contract with Iranian flag carrier Iran Air for 100 aircraft. The order includes 46 A320 family, 38 A330 family and 16 A350 XWB aircraft....
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On Sunday at a press conference in Tehran, Iran Air's CEO said it will cut its order to a total of 100 Airbus planes and eliminate all A380s.
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Boeing has announced that it will raise its dividend by 30% and cut production of its current model 777 to five per month.
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Boeing will sell more than $16 billion worth of planes to Iran in a deal that it says will create 100,000 jobs. Can it possibly know that number?
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Iran’s official news agency, IRNA, said this morning that the Islamic Republic has signed an agreement with The Boeing Co. (NYSE: BA) to purchase 80 aircraft valued at around $16.6 billion. The...
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Crude oil prices have added about $5 a barrel since Wednesday's announcement from OPEC that the cartel had reached an agreement to slice more than a million barrels a day from production.
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Many top oil stocks have risen handily. Where the moves look really crazy is in the more speculative second-tier stocks, which are either not as strong in the balance sheet or are still down...
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U.S. commercial crude inventories decreased by 900,000 barrels last week, according to the latest U.S. Energy Information Administration petroleum status report.
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The price for crude Monday morning is about $46 a barrel, and where it goes from there depends on the outcome of a meeting of OPEC oil ministers scheduled for Wednesday in Vienna.
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