Chevron profit falls on gas prices, refining margins
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Chevron Corp. , the No. 2 U.S. oil company, said on Friday its fourth-quarter profit fell, pulled down by weaker natural gas prices and refining margins.
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BP reported a 45 percent fall in  third-quarter replacement-cost profit to $3.867 billion due to  lower oil and gas production, problems at its refining division  and fewer asset sales which had flattered the year-earlier  result.
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NEW YORK  - The world&#39;s leading alumium producer, Alcoa, said Thursday quarterly net profit slipped as operations took a double-hit from a labour strike and Hurricane Ivan.
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Costco Wholesale Corp. , the  largest U.S. warehouse club operator, on Wednesday posted  lower-than-expected quarterly profit, hurt by higher taxes and  soaring oil prices that pressured margins at its gas stations.
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Anglo-Dutch energy giant Royal Dutch Shell said Thursday that its net profit fell by eight percent in the third quarter as the company experienced a drop in oil production.
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LONDON - Oil prices have fallen after forecasts of mild US weather prompted traders to take profits from a rally that has added over 30 per cent to the cost of crude this year.
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Oil prices fell below $61 on Friday as easing U.S. supply concerns spurred a bout of profit taking.
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BP has said that net profits retreated in 2006 -- reflecting a decline in production and refining margins -- and revised downwards its output for next year.
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Alcoa Inc.AA.N, the world's biggest  aluminum producer, said on Monday its quarterly net profit  slipped because of higher energy costs, a weaker dollar and a  charge it took for selling some of its businesses.
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BP reported a 45 percent fall in third-quarter replacement-cost profit to $3.867 billion due to lower oil and gas production, problems at its refining division and fewer asset sales which had flattered the year-earlier result.
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Energy giant BP, reeling from fatal safety errors and a boardroom scandal, said Tuesday that third-quarter profits almost halved owing to lower output, US gas prices and refinery outages.
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Oil prices dropped sharply today in what traders called a wave of profit-taking sparked by a steep drop in gasoline futures. In afternoon trading, November crude futures traded at US$53.
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Shares fell as Caterpillarâs disappointing profit fueled caution over the economy, while a pullback in crude oil prices from a record high hurt shares of energy companies.
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US oil giant ConocoPhillips says the cost of quitting operations in Venezuela led to a 95% drop in quarterly profits.
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Oil prices fell nearly 1 percent to  below $93 a barrel on Tuesday, fading from their latest record  high as investors took profits from a rally fuelled by a  Mexican supply outage and the spiraling dollar.
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Oil prices fell nearly 1 percent to below $93 a barrel on Tuesday, fading from their latest record high as investors took profits from a rally driven by a Mexican supply outage and the spiralling dollar.
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Apparel retailer Talbots Inc.  said on Wednesday that quarterly net profit fell, hurt by heavy markdowns and declining sales at its flagship Talbots chain.