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ECB Governing Council member MAKHLOUF said he had seriously considered the possibility of an ECB rate hike this week.

2026-10-30

ECB Governing Council member MAKHLOUF said he had seriously considered the possibility of an ECB rate hike this week.

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2026-10-30

High oil prices and record U.S. refining margins lifted Chevron (CVX) above expectations. Q3 adjusted EPS $5.28, beating analysts by $0.35; refining Earnings totaled $4.93 billion, a record and roughly four times year-ago. Chevron reduced share buyba

High oil prices and record U.S. refining margins lifted Chevron (CVX) above expectations. Q3 adjusted EPS $5.28, beating analysts by $0.35; refining Earnings totaled $4.93 billion, a record and roughly four times year-ago. Chevron reduced share buybacks to $2.5 billion but remains within full-year guidance. The company expects Venezuelan output of about 300,000 bpd by year-end, roughly 20% above a year earlier, with production costs under $20/bbl, making it one of the most profitable basins. European peers also reported large profit gains: Shell increased buybacks to match Exxon Mobil and BP posted its strongest profit in 18 years on heavy refining margins.
2026-10-30

GFZ (German Center for Geosciences): A 6.06-magnitude earthquake struck the Vanuatu Islands.

GFZ (German Center for Geosciences): A 6.06-magnitude earthquake struck the Vanuatu Islands.
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