Vanguard Energy Index Fund ETF Shares News - April 28, 2026
UAE Exits OPEC, Aiming to Unleash Expanded Oil Production Capacity
The United Arab Emirates will officially exit OPEC on May 1, 2026. The nation seeks to leverage expanded production capacity currently limited by group...
World Bank projects 24% energy price surge, citing Middle East war
The World Bank Commodity Markets Outlook projects energy prices will surge 24% in 2026. This forecast represents the largest price increase since the 2022...
UAE exits OPEC to boost production, sending Brent crude toward $112
The United Arab Emirates will withdraw from OPEC and the OPEC+ alliance effective May 1. This decision ends a nearly 60-year membership amid rising tensions...
UAE Quits OPEC Alliance, Citing Production Quota Disputes
The United Arab Emirates will withdraw from OPEC and the OPEC+ alliance effective May 1. State-run news agency WAM announced the departure on Tuesday. This...
UAE Exits OPEC and OPEC+, Citing Dissatisfaction With Regional Security Response
The United Arab Emirates announced its departure from OPEC and the OPEC+ alliance on Tuesday. This move weakens the cartel’s market influence during a period...
BP doubles profits to $3.2 billion, fueled by Iran conflict oil trading
BP first-quarter profits reached $3.2 billion. This figure more than doubled the $1.38 billion reported during the same period last year. Exceptional oil...
BP Profits Jump 130% to $3.2B, Driven by Oil Trading
BP reported first-quarter underlying profits of $3.2 billion. This figure represents a 130% increase over the same period last year. The results significantly...
BP eyes 87% profit surge, driven by exceptional oil trading gains
BP reports first-quarter 2026 earnings on April 28. Analysts forecast earnings per share will rise between 75% and 87% year-over-year. Exceptional oil trading...
Shell acquires ARC Resources for $16.4 billion, expanding its Canadian shale footprint
Shell reached a definitive agreement to acquire Canadian energy firm ARC Resources Ltd. for an enterprise value of $16.4 billion. The transaction consists of...
Shell Buys ARC Resources for $13.6 Billion, Prioritizing Fossil Fuels
Shell plc reached a definitive agreement to acquire Canadian producer ARC Resources Ltd. for US$13.6 billion. This cash-and-stock transaction marks Shell’s...