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Oil and Gas

Saudi Arabia keep pace with its mega-project spending spree?

by Shen Ridenbaugh
Saudi Arabia keep pace with its mega-project spending spree?

Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling construction site replete with cranes and pile drivers sits encircled …

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Cramer names oil and natural gas stocks set to do well under Trump

by Shen Ridenbaugh
Cramer names oil and natural gas stocks set to do well under Trump

CNBC’s Jim Cramer on Friday said companies related to natural gas and oil will thrive under President-elect Donald Trump’s administration and a majority Republican Congress. “We’re hearing about all sorts …

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One of our lagging stocks has found its stride and is outperforming its peers

by Shen Ridenbaugh
One of our lagging stocks has found its stride and is outperforming its peers

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Wall Street on Tuesday …

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Crude little changed on Russia-Ukraine tensions

by Shen Ridenbaugh
Crude little changed on Russia-Ukraine tensions

Crude oil futures edged slightly lower on Tuesday, after rallying about 3% in the prior session on fears that the war between Ukraine and Russia is escalating. President Joe Biden …

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Trump’s proposed tariffs unlikely to include Canadian oil: experts

by Valentin Shriner
Trump’s proposed tariffs unlikely to include Canadian oil: experts

President-elect Donald Trump’s promise to slap an across-the-board tariff of at least 10 per cent on all imports including from Canada is unlikely to apply to Canadian oil, energy experts …

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WTI rises to trade around $69 per barrel

by Shen Ridenbaugh
WTI rises to trade around  per barrel

Crude oil futures rose slightly on Thursday, with the U.S. benchmark trading around $69 per barrel, though the market outlook remains bearish. Global crude supplies are expected to outstrip demand …

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Saudi Arabia’s Neom replaces its CEO amid reports of delays, cutbacks

by Shen Ridenbaugh
Saudi Arabia’s Neom replaces its CEO amid reports of delays, cutbacks

Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM Saudi Arabia’s massive Neom megaproject, a multi-trillion dollar plan to develop a swathe of land the size …

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Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say

by Shen Ridenbaugh
Oil could plunge to  in 2025 if OPEC unwinds voluntary production cuts, analysts say

A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024.  Anthony Prieto | Bloomberg | Getty Images Oil prices may see a drastic fall in the event that …

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Exxon CEO says Trump should keep U.S. involved in global effort to address climate change

by Shen Ridenbaugh
Exxon CEO says Trump should keep U.S. involved in global effort to address climate change

President-elect Donald Trump should keep the U.S. involved in global efforts to address climate change, Exxon Mobil CEO Darren Woods said Tuesday. Trump should try to bring a “common sense” …

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Shell wins appeal against Dutch climate ruling to slash emissions

by Merchant Moller
Shell wins appeal against Dutch climate ruling to slash emissions

Oil storage silos beyond waterlogged land at the Shell Plc Pernis refinery in Rotterdam, Netherlands, on Sunday, Feb. 11, 2024. Bloomberg | Bloomberg | Getty Images A Dutch court on …

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