Oil futures settle at their highest in two weeks on Wednesday, finding support after Saudi Arabia’s energy minister reportedly said that the kingdom and its allies will do…
Read more Oil prices end at a 2-week high on reports Saudi Arabia said OPEC+ will do ‘whatever necessary’ to support oilOffshore oil drillers were about the worst place to be in 2020 as oil prices were falling and demand for crude seemed to be seeping away. Now, the…
Read more These Drilling Stocks Could Be Gushers as the Oil Industry ReboundsSaudi Arabia will voluntarily cut production by 1 million barrels a day in July, alongside an agreement by the Organization of the Petroleum Exporting Countries and its allies…
Read more Saudis to cut oil production by 1 million barrels a day in July as OPEC+ extends output dealExxonMobil: Eyes on the Permian Prize Source link
Read more ExxonMobil: Eyes on the Permian PrizeSurprise crude oil production cuts from Saudi Arabia and other oil-rich countries shouldn’t produce worries of skyrocketing gas costs for U.S. drivers still smarting from last year’s pump…
Read more The surprise OPEC+ oil production cuts will increase gas prices — here’s how muchThe Biden administration approved the large-scale and controversial Willow drilling project for ConocoPhillips on Alaska’s oil-rich North Slope on Monday. The approval, although with some conditions, is one…
Read more Biden approves Willow oil-drilling permit in Alaska. It’s a ‘carbon bomb,’ one group says.Natural-gas prices have tumbled this year because of warm weather and high levels of gas in storage in Europe and elsewhere. U.S. prices are down 45% to $2.46…
Read more Three Oil Stocks Exposed to Natural-Gas PlungeLONDON–Shell PLC became the latest oil giant to post record annual profit last year, joining U.S. peers in surging back from early pandemic losses on soaring energy prices.…
Read more Shell adjusted profit of $9.8 billion beats forecasts, boosted by soaring energy pricesEven during a year in which the S&P 500 index declined 19%, with 72% of its stocks in the red, there were plenty of winners. Before showing you…
Read more These 20 stocks were the biggest winners of 2022Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the…
Read more These 20 energy stocks are worth a look if you think oil prices will soar in 2023Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad beating this year. But 2023 may bring very different circumstances. Below are lists…
Read more Best stock picks for 2023: Here are Wall Street analysts’ most heavily favored choicesIncome-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have…
Read more 20 dividend stocks with high yields that have become more attractive right nowMore than 1 million barrels a day of Russian oil exports are set to be upended by Western sanctions expected to come into force within weeks, shipments Moscow…
Read more Russian oil imports holding up, IEA says as it increases oil-demand viewVicki Hollub’s Occidental Petroleum controls the biggest piece of the most important area for oil production in the United States. Not so long ago, an oilman in a…
Read more This oil company backed by Warren Buffett is America’s hottest stock. Why won’t its CEO pump more oil?Shares in London-listed fracking companies slumped on Wednesday after new U.K. Prime Minister Rishi Sunak said he would stick by his party’s manifesto pledge to ban the shale…
Read more U.K. fracking stocks slump after Sunak reinstates banBusiness Oil-field services giant says new name marks commitment to cleaner energy Source link
Read more Schlumberger Rebrands as SLB, Dropping Family NameYou probably already know that because of market-capitalization weighting, a broad index such as the S&P 500 SPX, -0.67% can be concentrated in a handful of stocks. Index…
Read more These 27 stocks can give you a more diversified portfolio than the S&P 500 — and that’s a key advantage right now
