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Oil and Gas

Oil prices jump as U.S., Britain strike on Houthis in Yemen

by Adrian Jhonsan
Oil prices jump as U.S., Britain strike on Houthis in Yemen

An oil tanker anchored in the Red Sea off the coast of Yemen’s contested western province of Hodeida on July 15, 2023. Mohammed Huwais | Afp | Getty Images Oil …

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Categories World

Oil falls more than 4% as Saudi price cut heightens global demand worries

by Adrian Jhonsan
Oil falls more than 4% as Saudi price cut heightens global demand worries

An employee in a branded helmet is pictured at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Oil declined more than 4% on …

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Categories World

Oil prices rise 3% on Libya disruption, OPEC unity pledge

by Adrian Jhonsan
Oil prices rise 3% on Libya disruption, OPEC unity pledge

An employee rides a bicycle next to oil tanks at the Saudi Aramco oil facility in Abqaiq, Saudi Arabia, on Oct. 12, 2019. Maxim Shemetov | Reuters Oil rose more …

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Categories World

Stock Markets: 2023’s winners and losers

by Milton Acorn
Stock Markets: 2023’s winners and losers

NEW YORK, NEW YORK – DECEMBER 29: Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading for the year on December …

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Categories Science

Oil prices rise as Iranian warship enters Red Sea

by Milton Acorn
Oil prices rise as Iranian warship enters Red Sea

A picture taken during an organised tour by Yemen’s Houthi rebels on November 22, 2023 showing the Galaxy Leader cargo ship approaching the port in the Red Sea off Yemen’s …

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Categories Science

Winners and losers of 2023

by Milton Acorn
Winners and losers of 2023

NEW YORK, NEW YORK – DECEMBER 29: Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading for the year on December …

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Categories Science

Oil prices to end year 10% lower, first annual decline since 2020

by Milton Acorn
Oil prices to end year 10% lower, first annual decline since 2020

A driver pumps gas at a Sunoco gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023.  Al Drago | Bloomberg | Getty Images Oil prices are on pace …

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Categories Science

Angola’s OPEC exit shows group tensions – but market won’t be rattled

by Milton Acorn
Angola’s OPEC exit shows group tensions – but market won’t be rattled

Angola’s announcement on Thursday that it will quit the oil producers’ Organization of the Petroleum Exporting Countries (OPEC) brings to a head longstanding tensions within the powerful group, but market …

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Categories Science

Maersk, MSC suspend Red Sea route amid Houthi attacks

by Milton Acorn
Maersk, MSC suspend Red Sea route amid Houthi attacks

An oil tanker anchored in the Red Sea off the coast of Yemen’s contested western province of Hodeida on July 15, 2023. Mohammed Huwais | Afp | Getty Images Oil …

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Categories Science

Why investors should look beyond doomsday headlines

by Milton Acorn
Why investors should look beyond doomsday headlines

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 Monday’s key moments. 1. U.S. stocks climbed higher …

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Categories Science
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