Prince Abdulaziz bin Salman at the World Petroleum Congress in Calgary, Canada, on Sept. 18, 2023. Bloomberg | Bloomberg | Getty Images Saudi Arabia’s energy minister said Riyadh and Moscow’s decision to extend crude oil supply cuts is not about “jacking up prices,” as Brent futures hover near $95 a barrel and analysts predict further
Environment
Gas prices are displayed at an Exxon gas station on July 05, 2022 in San Francisco, California. Justin Sullivan | Getty Images The state of California on Friday filed one of the most significant cases against major oil companies for their role in perpetuating climate change. The 135-page legal complaint, filed through the office of
Members of the rescue teams from the Egyptian army carry a dead body as they walk in the mud between the destroyed buildings, after a powerful storm and heavy rainfall hit Libya, in Derna, Libya September 13, 2023. Ahmed Elumami | Reuters Storm Daniel has left Libya, a country grappling with conflict and economic crisis
Oil prices are hovering around 10-month highs, as a stout summer rally extends into the fall and delivers additional gains for the Club’s energy stocks, Pioneer Natural Resources (PXD) and Coterra Energy (CTRA). And Jim Cramer believes it’s not too late to buy either of them. West Texas Intermediate crude, the U.S. oil benchmark, has
In this article TSLA MMM CAT AMZN AAPL NVDA C Follow your favorite stocksCREATE FREE ACCOUNT Gasoline prices for full serve and self serve are displayed at the Union 76 gas station ahead of the Labor Day weekend on August 28, 2023 in Beverly Hills, California. Mario Tama | Getty Images This report is from
In an aerial view, oil storage tanks are shown at the Enterprise Sealy Station on August 28, 2023 in Sealy, Texas. Brandon Bell | Getty Images News | Getty Images Oil prices climbed to their highest level of the year this week, extending a rally that has put a return to $100 a barrel sharply
A part of the Trans Alaska Pipeline System runs through boreal forest past Alaska Range mountains near Delta Junction, Alaska. In March, the Biden administration approved the controversial Willow project which will extract 600 million barrels of oil from the National Petroleum Reserve on Alaska’s North Slope, close to the Arctic Ocean. Mario Tama |
My top 10 things to watch Thursday, Sept. 14 1. U.S. equities edge up in premarket trading, with investors largely betting the Federal Reserve won’t raise interest rates further when the central bank convenes next week. The S & P 500 is up 0.33%, while the Nasdaq Composite is 0.24% higher. U.S. government bond yields
In this article C NVDA AAPL AMZN CAT MMM TSLA Follow your favorite stocksCREATE FREE ACCOUNT A view of a gas station as gas prices are at the highest level from last year in Virginia, on August 16, 2023. Celal Gunes | Anadolu Agency | Getty Images This report is from today’s CNBC Daily Open,
Fatih Birol, Executive Director of the International Energy Agency (IEA), poses for a photograph during an interview with AFP at the Africa Climate Summit 2023 at the Kenyatta International Convention Centre (KICC) in Nairobi on September 4, 2023. Simon Maina | Afp | Getty Images Demand for fossil fuels like oil, gas and coal will
In this article BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Bernard Looney, CEO of BP, speaks during the 2023 CERAWeek by S&P Global conference in Houston, March 7, 2023. F. Carter Smith | Bloomberg | Getty Images The chief executive of energy giant BP is set to resign after less than four years on the
Aerial view of the LNG storage and vaporization vessel “Höegh Esperanza” at the Wilhelmshaven LNG terminal. Picture Alliance | Picture Alliance | Getty Images Energy analysts are warning of more gas market volatility and higher prices as Europe races to prepare for another winter heating season. European gas markets have been constantly fluctuating in recent
Race winner Sergio Perez of Mexico passes his team celebrating during the F1 Grand Prix of Singapore at Marina Bay Street Circuit on October 02, 2022 in Singapore Mark Thompson | Getty Images Sport | Getty Images Organizers said they will halve energy emissions from the Formula One Singapore Grand Prix by 2028. Singapore GP
A general view of flags of (From L to R) South Africa, Brazil, Russia, India and China during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on August 24, 2023. Michele Spatari | Afp | Getty Images SINGAPORE — Sanctions imposed by the West on Russia are pushing the BRICS nations closer,
Alexander Spatari | Moment | Getty Images LISBON, PORTUGAL — Matadors and bitcoin maximalists are regulars at Campo Pequeno, a neo-Moorish bullring in the northernmost reaches of the Portuguese capital city. The two aren’t all that different. Both are typically defiant and stubborn, engaged in a seemingly hopeless battle that pits man against beast, where
Indian artist Jagjot Singh Rubal gives final touches to an oil painting of U.S. President Joe Biden, at his workshop in Amritsar on September 5, 2023, ahead of the two-day G20 summit in New Delhi. Narinder Nanu | Afp | Getty Images NEW DELHI — Indian Prime Minister Narendra Modi and U.S. President Joe Biden
Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. Dan Kitwood | Getty Images News | Getty Images European gas prices moved sharply higher on Friday as workers at Australian natural gas facilities went on strike,
Oil prices eased in Asian as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, outweighing fears over tighter supply arising from output cuts by Saudi Arabia and Russia. David Mcnew | Getty Images News | Getty Images Saudi Arabia on Tuesday extended its 1-million-barrels-per-day voluntary oil production
In this article ALK UAL LUV Follow your favorite stocksCREATE FREE ACCOUNT A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Major U.S. airlines warned about a spike in jet-fuel
In this article RIOT Follow your favorite stocksCREATE FREE ACCOUNT During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing so much money that it’s counting on energy credits from selling power back to the Texas grid to keep its costs under control. Riot said
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