The top 10 things to watch in the stock market Wednesday
U.S. stocks are higher in premarket trading Wednesday, amid increasing signs the labor market is loosening.
The top 10 things to watch in the stock market Wednesday Read More »
Policies
Oil CEO says blaming the energy industry for the climate crisis ‘like blaming farmers for obesity’
The burning of coal, oil and gas is by far the largest contributor to the climate crisis.
‘Beyond justification’: Record number of fossil fuel lobbyists attend COP28 climate talks in Dubai
A report published Tuesday by the Kick Big Polluters Out coalition found that at least 2,456 fossil fuel lobbyists registered to attend the COP28 summit.
Venezuelans vote to claim sovereignty over a part of oil-rich nation Guyana
This marks the latest escalation in a long-standing territorial dispute between both countries.
Venezuelans vote to claim sovereignty over a part of oil-rich nation Guyana Read More »
Time to say ‘the F-words’? A fossil fuel fight takes center stage at the COP28 climate summit
A fight over the future of fossil fuels has been thrust into the global spotlight at the COP28 climate summit.
Saudi Arabia is struggling to boost oil prices, raising possibility of supply war with U.S.
In the end, Saudi Arabia may have only one option: Launch a supply war by flooding the market with oil.
Oil prices could reach $100 a barrel in 2024 if OPEC+ members fulfil pledges for voluntary cuts
Individual countries announced voluntary reductions totaling 2.2 million barrels per day for the first quarter of 2024.
Oil kingpin Saudi Arabia extends its production cut into first quarter as OPEC+ holds policy
The OPEC+ alliance had already instituted a 2 million-barrels-per-day cut in place until the end of 2024.
Brazil set to join the influential OPEC+ oil producers’ alliance
South American producer Brazil will join the influential OPEC+ oil producers’ alliance starting in January.
Brazil set to join the influential OPEC+ oil producers’ alliance Read More »
OPEC+ oil producers head into meeting with quota unease and geopolitical risks casting a shadow
OPEC+ oil allies meet Thursday to decide policy over meetings overshadowed by internal strife, the imminent expiry of a Saudi supply cut and petropolitics.
