Exxon is the best oil stock, as its big bet on cutting carbon emissions should pay off, UBS says
Exxon’s investments in slashing carbon emissions will play an increasingly important role in the oil major’s business over the long term, UBS said.
Oil watchers say inflation risks will stave off Trump’s Canada tariff threat
Higher fuel prices are on the cards if President-elect Donald Trump implements tariffs on Canada, said industry experts.
Can Saudi Arabia keep pace with its ambitious mega-project spending spree?
"Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns," one financier told CNBC.
Cramer names oil and natural gas stocks set to do well under Trump
CNBC’s Jim Cramer said that stocks related to oil and natural gas will thrive under President-elect Donald Trump.
One of our lagging stocks has found its stride and is outperforming its peers
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Crude oil little changed after rallying on escalating Ukraine-Russia tensions
Moscow’s full-scale invasion of Ukraine roiled global energy markets in 2022 as European nations sought to end their dependence Russian natural gas.
Liberty Energy stock jumps after Trump picks CEO Chris Wright as energy secretary
The CEO has denied that climate change is a global crisis that requires a transition away from fossil fuels.
Crude oil posts loss for the week as looming surplus depresses market
U.S. crude oil is down more than 2% this week, while Brent has shed nearly 2%.
U.S. crude oil edges higher but closes below $69 as large surplus expected next year
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest crude importer.
Saudi Arabia’s Neom replaces its CEO amid reports of delays and cutbacks
Neom is set to host hyper-futuristic cityscapes and structures — but financial pressures on the kingdom are changing.