Energy in America

BP beats 3Q expectations, announces share buyback

BP said on Tuesday it will resume share buybacks after reporting a doubling in third-quarter profit in the clearest sign yet that the oil company is confident about a turnaround in a week when oil prices hit a two-year high above $60 a barrel.

BP beats 3Q expectations, announces share buyback

BP said on Tuesday it will resume share buybacks after reporting a doubling in third-quarter profit in the clearest sign yet that the oil company is confident about a turnaround in a week when oil prices hit a two-year high above $60 a barrel.

Business Highlights

___ Administration official: Powell top candidate for Fed chair WASHINGTON (AP) — Jerome "Jay" Powell, a member of the Federal Reserve's board, is President Donald Trump's leading candidate to replace Janet Yellen as the head of the nation's central bank, with an announcement planned for Thursday, according to senior administration officials.

Business Highlights

___ Administration official: Powell top candidate for Fed chair WASHINGTON (AP) — Jerome "Jay" Powell, a member of the Federal Reserve's board, is President Donald Trump's leading candidate to replace Janet Yellen as the head of the nation's central bank, with an announcement planned for Thursday, according to senior administration officials.

Brent oil ends above $60 on expected OPEC cut extension

Brent oil slipped but held above $60 a barrel on Monday, near its highest since mid-2015, on expectations OPEC-led production cuts would be extended beyond March although rising Iraqi exports put a lid on prices.

Brent oil ends above $60 on expected OPEC cut extension

Brent oil slipped but held above $60 a barrel on Monday, near its highest since mid-2015, on expectations OPEC-led production cuts would be extended beyond March although rising Iraqi exports put a lid on prices.

Iran fulfilling nuclear deal commitments: IAEA chief

Iran is fulfilling its commitments under the nuclear deal with world powers and U.N. inspectors are facing no problems in their verification efforts, the International Atomic Energy Agency (IAEA) director-general said on Monday.

Iran fulfilling nuclear deal commitments: IAEA chief

Iran is fulfilling its commitments under the nuclear deal with world powers and U.N. inspectors are facing no problems in their verification efforts, the International Atomic Energy Agency (IAEA) director-general said on Monday.