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Environment

Environment

Oil market ‘oversold’? Analysts and traders pin crude’s price plunge on demand, trading strategies

An offshore oil platform is seen at sunset near Huntington Beach, California, on Feb. 9, 2024. David Mcnew | Getty Images Oil prices defied...

by admin June 5, 2024
Oil market 'oversold'? Analysts and traders pin crude's price plunge on demand, trading strategies
Environment

What slumping oil prices mean for our stake in Coterra Energy

U.S. crude prices fell for the fifth straight day Tuesday, but we remain committed to our lone oil-and-gas stock in Coterra Energy . West...

by admin June 4, 2024
What slumping oil prices mean for our stake in Coterra Energy
Environment

Politics playing a role in electric vehicle adoption: Michigan Gov. Gretchen Whitmer

The future of the electric vehicle is a critical issue for the U.S. auto industry and its home base of Detroit, Michigan. It’s also...

by admin June 4, 2024
Politics playing a role in electric vehicle adoption: Michigan Gov. Gretchen Whitmer
Environment

U.S. crude oil extends losses on OPEC+ increasing supply later this year

Platform Ellen and Elly, offshore oil and gas platforms operated by Beta Operating Company LLC, off the coast of Long Beach, California, US, on...

by admin June 4, 2024
U.S. crude oil extends losses on OPEC+ increasing supply later this year
Environment

CNBC Daily Open: Nvidia’s new chip, GameStop soars

Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 23, 2024 in New York City. Michael M....

by admin June 3, 2024
CNBC Daily Open: Nvidia's new chip, GameStop soars
Environment

CNBC Daily Open: Opec extends cuts, Nvidia showcases new chip

A photo illustration of the OPEC logo seen on a cell phone set against a green arrow in Brussels, Belgium on September 10, 2023....

by admin June 3, 2024
CNBC Daily Open: Opec extends cuts, Nvidia showcases new chip
Environment

‘No quid pro quo’ between Trump and oil execs at Mar-a-Lago, Gov. Burgum says

Kathryn Burgum aplauds as her husband Republican Governor of North Dakota Doug Burgum shakes hands with former US President and 2024 presidential hopeful Donald...

by admin June 2, 2024
‘No quid pro quo’ between Trump and oil execs at Mar-a-Lago, Gov. Burgum says
Environment

OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says

Saudi energy minister Abdulaziz bin Salman on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images The prominent OPEC+ oil producers’ alliance is awaiting...

by admin June 2, 2024
OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says
Environment

Oil giant Saudi Aramco begins massive share sale to raise around $12 billion

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World...

by admin June 2, 2024
Oil giant Saudi Aramco begins massive share sale to raise around  billion
Environment

Saudi Aramco offers nearly $11.5 billion in new stock for sale

The logo of Aramco is seen as security personnel walk before the start of a press conference by Aramco at the Plaza Conference Center...

by admin May 30, 2024
Saudi Aramco offers nearly .5 billion in new stock for sale
Environment

Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago

An Exxon gas station sign is seen in the Brooklyn borough of New York City, on Oct. 6, 2023. Michael M. Santiago | Getty...

by admin May 30, 2024
Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago
Environment

U.S. crude oil falls more than 1%, on pace for worst month of year as gasoline demand is soft

An oil pumpjack is pictured in the Permian Basin in the Loco Hills region, New Mexico, on April 6, 2023. Liz Hampton | Reuters...

by admin May 30, 2024
U.S. crude oil falls more than 1%, on pace for worst month of year as gasoline demand is soft
Environment

Fintech targeted by climate skeptics banks $37 million from likes of UBS, CommerzVentures

From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder. Doconomy Swedish climate-focused financial...

by admin May 30, 2024
Fintech targeted by climate skeptics banks  million from likes of UBS, CommerzVentures
Environment

CNBC Daily Open: Dow drops, Nvidia can’t save Nasdaq

Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City.  Michael M....

by admin May 30, 2024
CNBC Daily Open: Dow drops, Nvidia can't save Nasdaq
Environment

Wells Fargo CEO talks up reasons to love the stock — plus, what’s behind the market drop

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour...

by admin May 29, 2024
Wells Fargo CEO talks up reasons to love the stock — plus, what's behind the market drop
Environment

Apple and Nvidia fight Wednesday’s stock market decline. Here is what’s supporting them

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 key...

by admin May 29, 2024
Apple and Nvidia fight Wednesday's stock market decline. Here is what's supporting them
Environment

We’re adding to our geopolitical hedge and a struggling health-care stock

We’re adding to our lone oil stock and an out-of-favor medical-technology company.

by admin May 29, 2024
Environment

Biden’s gasoline sale likely won’t have a major impact on summer pump prices

A sign displays gas prices at a gas station on May 21, 2024 in Chicago, Illinois. Scott Olson | Getty Images The Biden administration’s...

by admin May 24, 2024
Biden's gasoline sale likely won't have a major impact on summer pump prices
Environment

Oil prices bounce back from three-month lows but book a loss for the week

A Shell gas station in Austin, Texas, on May 3, 2024. Brandon Bell | Getty Images Crude oil futures bounced back from three-month lows...

by admin May 24, 2024
Oil prices bounce back from three-month lows but book a loss for the week
Environment

Denmark’s Orsted wins $680 million JPMorgan backing for U.S. solar and battery projects

Aerial view of Eleven Mile Solar in Coolidge, Az.  Photo: Van Applegate Danish renewable energy developer Orsted won a $680 million investment from JPMorgan in...

by admin May 23, 2024
Denmark's Orsted wins 0 million JPMorgan backing for U.S. solar and battery projects
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