Commodity Earnings This Week: Big Oil Under the Microscope
As earnings season gets into full swing, Wall Street’s attention will be fixated on the results of the most recent quarter. This week sees big oil step up to the plate, with some of the biggest names in the industry reporting on how they fared over the past three months. Below, we preview some of the most significant commodity earnings from the week ahead, helping investors prepare for what will ultimately be an active five day stretch for markets:
Earnings Preview: Big Oil On Tap This Week
As we enter the heart of earnings season, all eyes are fixated on bellwether firms and how they have fared over the most recent quarter. The coming week will be a big one for the crude oil industry, as the vast majority of leading oil producers will report in the coming five-day stretch. Crude oil has been under a microscope since experiencing downward pressure in the latter part of 2012. Since then, the commodity has rallied nearly 11%, which may have a big impact on the underlying revenues of big oil [for more oil news and analysis subscribe to our free newsletter].