Major Oil Companies Report Mixed Q4 2024 Results Amid Challenging Market Conditions

ONGC shares have given stock market investors more than 226 per cent returns on their investment in the last five years. However, the shares have lost 11.11 per cent in the last one-year period. OVL’s turnover was down at Rs12,995 crore during FY25 from Rs13,197 crore in the previous year, mainly due to lower realised crude oil price (USD 70.23 per barrel as against USD 71.47 a barrel in FY’25). Net profit was also down at Rs 418 crore in FY25, as against Rs 490 crore (restated) in FY24. The firm got USD 73.72 per barrel of crude oil that it produced and sold to refiners for processing into petrol and diesel in the fourth quarter, down from USD 80.81 per barrel a year back.

What time of day do you take CBD oil?

If you’re a veteran trader, you might already know of the issues that can come with bad web design. For example, you could end up missing out on opportunities by simply not understanding the complexities of the site, as well as just wasting time attempting to navigate through everything. Essentially, Oil Profit is an automated trading robot similar to Bitcoin bots, but with a focus on oil commodities instead of the crypto market – although you can still trade some of the more popular digital coins on this site as well.

IndusInd Bank Q4 Results Live Updates: Reports net loss of ₹2328.9 crores

To start trading, simply fund your trading balance, adjust the trading parameters in the ‘Settings’ area, and activate the robot for live trading. Our adjusted net income amounted to $96.0 million, or $2.27 per share, for the year ended March 31, 2025, compared to adjusted net income of $307.4 million, or $7.60 per share, for the year ended March 31, 2024. Please refer to the reconciliation of net income to adjusted net income, which appears later in this press release. General and administrative expenses were $8.3 million for the three months ended March 31, 2025, a decrease of $0.2 million, or 3.1%, from $8.5 million for the three months ended March 31, 2024. This decrease was mainly attributed to an decrease of $0.5 million in stock-based compensation expense, partially offset by an increase of $0.3 million in other general and administrative expenses. Shell reported adjusted earnings of $5.58 billion for the first three months of the year, beating analyst expectations of $5.09 billion, according to an LSEG-compiled consensus.

Calendar days are an indicator of the size of the fleet over a period and affect the amount of expenses that are recorded during that period. Several extended periods of low temperatures in the U.S. were one of the biggest influences on the LPG market in Q1 2025, contributing to higher Mt Belvieu LPG prices and limited exports from the U.S., particularly in February 2025. LPG exports fell from over 5.6 million metric tons (“MMT”) in January 2025 to 4.9 MMT in February 2025 helping contribute to an overall 1 MMT drop in LPG seaborne supply in February 2025 from the previous month. Higher domestic retail demand in the U.S. and continued exports of over 5 MMT per month led to a significant drawdown of inventory levels to below the 5-year average by the end of February 2025.

Market News

We offer a demo account to help you prepare before risking real money. Oil Profit trading system has helped thousands of people gain financial freedom.You could also join the growing list of wealthy bitcoin traders by signing up with us today. We define calendar days as the total number of days in a period during which each vessel in our fleet was owned or operated pursuant to a bareboat charter.

Share

Shell, for its part, expects its LNG production and trading and oil trading businesses to book significantly lower results for the fourth quarter of 2024, due to seasonality and timing of lifting. Last week, Norwegian oil and gas producer Equinor reported a 13% drop in adjusted operating income in the July-September period, missing analyst expectations. Once you’ve submitted your registration form, our team will get to work connecting your account with one of https://doceree.com/provider/uncategorized/oil-profit-review-turn-market-volatility-into-trading-success/ our trusted trade execution brokers. They’ll reach out to you to activate and synchronise your trading account, ensuring that you’re ready to hit the ground running.

The trading tools provided by Oil Profit are minimal and lack the advanced features that experienced traders expect. The platform offers little in the way of charting tools, technical indicators, or other resources that are typically available on legitimate trading platforms. This lack of functionality makes Oil Profit an inadequate choice for serious traders.

Delving into oil trading without a clear roadmap, a robust tool, and a vast understanding of the dealings in this industry will pitch you against military onslaughts and war-powered economies. Trust us when we say the last thing you want to hear is your investment going down the drain, no thanks to the start of another civil war. Using the Oil Profit trading system, you have a powerful tool that will deliver results, regardless of market happenings. This means that every eligible shareholder will receive a final dividend payment of ₹1.25 for every share they own in the oil and natural gas producer.

Oil Profit Performance Review

But because we do and want you to make money from this market, we have deployed the Oil Profit system. Using this powerful tool, you’ll enjoy all of the perks that crude oil investment offers. Our system has been carefully designed to make crude oil trading a seamless and profitable experience.