Exxon still sees fossil fuels as majority of energy market in 25 years
An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023. Al Drago | Bloomberg | Getty Images Oil and natural gas will still make up more than half …
Oil and Gas
WTI, Brent rise on Middle East tensions
U.S. crude oil futures gained 3% on Monday amid reports of a production halt in Libya and after Israel and Hezbollah traded a barrage of strikes across the Lebanon border. …
Oil to remain elevated as Middle East tensions threaten a wider conflict
This photo taken from a position in northern Israel shows a Hezbollah UAV intercepted by Israeli air forces over north Israel on August 25, 2024. The Israeli military announced early …
WTI above $74 but heads to weekly loss
The Strategic Petroleum Reserve (SPR) Bryan Mound storage facility located in Brazoria County, Texas, is one of four sites that make up the country’s oil reserve. Str New | Reuters …
Saudi Arabia’s spending is adopting a clear shift in strategy
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for foreigners …
WTI erases most of this year’s gain
U.S. crude oil was above $72 per barrel on Thursday after erasing most of its gains for the year as soft demand in China and worries about the U.S. economy …
Fed minutes signal September rate cut
Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …
Fed minutes signals September rate cut
Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …
CNBC Daily Open: A ‘crazy’ summer
Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …
CNBC Daily Open: ‘Crazy’ summer
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …