ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC
The European Central Bank "will do what is necessary" to keep inflation on target, one of its top policymakers has...
Crude Oil Markets
Here's why surging oil prices may not derail the consumer trade
Wall Street is already looking beyond Big Tech quarterly results.Even though it's a major earnings week for the group, YieldMax...
Evercore ISI predicts 'inflection point' is days away, plans to commit capital if S&P 500 drops to this level
A week of "maximum uncertainty" should deliver a key opportunity for investors, according to Evercore ISI's Julian Emanuel. "We're getting...
Iran war and stocks: Why Global X says 'it might be time to double down' on emerging markets
It may be time to dive deeper into the emerging markets trade.Despite risks tied to the war with Iran, Global...
Venezuela tells China oil prices won't be set by the U.S., seeks to reassure investment after Maduro capture
Venezuela has assured Beijing that its oil pricing will not be dictated by the U.S. and that Chinese investment in...
The energy trade that excites VanEck's CEO — and it's not oil
A major exchange-traded fund manager suggests the oil trade won't provide much upside ahead.VanEck CEO Jan van Eck isn't excited...
Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran
Oil prices fell 3% on Thursday after comments from U.S. President Donald Trump calmed fears that an American strike on...
Chevron to Buy Hess for $53 Billion
Updated Oct. 23, 2023 10:12 am ETChevron said it would buy Hess in an all-stock deal worth $53 billion, the...
Oil Is Near $100. Shale Isn’t Coming to the Rescue.
Frackers are constrained by investor payouts, inflation and interest rates, keeping spending in check. Source link
Saudi Aramco Posts Record $161 Billion Profit for 2022
Saudi Arabia’s national oil company reported the largest profit by an energy firm, continuing a dramatic turnaround for the industry...
War in Ukraine Drives New Surge of U.S. Oil Exports to Europe
MarketsCommoditiesOil MarketsWith the West mostly shunning Russia’s oil and gas, U.S. crude exports increase Source link
OPEC+ Ministers Stick to Cutting Plan Amid Oil-Demand Uncertainty
A panel of energy ministers said the group of petrostates would continue cutting oil production, amid uncertainties about demand in...
Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit
The oil company banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices...
China’s EV Sales Broke Record in 2022 as Overall Auto Market Stalled
Rising retail demand for electric and plug-in hybrid vehicles boosted the auto market as traditional-car sales slipped 13%. Source link
Oil Price Rises After Russia Cap Kicks In
MarketsCommoditiesThe sanctions aim to crimp Russia’s oil income while preventing a surge in energy prices Source link
G-7 Sets Russian Oil Price Cap of $60 a Barrel
The move came just hours after the European Union united behind the figure, as Western nations try to curb Moscow’s...
As Europe Caps Energy Bills, the Merits of Price Controls Get Another Look
The highest inflation in decades and the steep drop in Russian natural gas exports to Europe have pushed a growing...
OPEC+ to Weigh Production Cut to Bolster Oil Prices
OPEC+ is set to consider Wednesday its most drastic reduction of production since the pandemic began in order to help...
U.S. August Inflation Rate Is Expected Tuesday Amid Lower Gasoline Prices
The U.S. inflation report for August will offer details of the price changes consumers faced at the end of the...
How a CEO Rescued a Big Bet on Big Oil; ‘There Were a Lot of Doubters’
Occidental Petroleum Corp. OXY 1.75% entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers....
