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-3.10 (-2.60%)
At Close: Jun 05, 2026
Clime change summit draws big money: What's at stake at COP28
03:20pm, Friday, 01'st Dec 2023
CNBC's Diana Olick joins 'Power Lunch' to preview COP28.
Venezuela's oil exports remain almost unchanged, middlemen seek deals
03:09pm, Friday, 01'st Dec 2023
Venezuela's oil exports remained almost unchanged in November at 651,000 barrels per day (bpd) even as an easing of U.S. sanctions is now allowing sales to trading houses, according to shipping and ta
Oil futures mark back-to-back losses with traders skeptical of OPEC+ output cuts
02:57pm, Friday, 01'st Dec 2023
Oil futures finished lower on Friday for a second session in a row. Traders looked to a decision by OPEC+ to cut production further in the first quarter with skepticism.
US speeds up return of oil to Strategic Petroleum Reserve -Energy Dept
02:42pm, Friday, 01'st Dec 2023
The U.S. Department of Energy has sped up the return of 4 million barrels of oil to the Strategic Petroleum Reserve, from a previous exchange of crude to energy companies, as it seeks to replenish the
Biden administration plans to buy 2.7M oil barrels to refill emergency stockpile
12:25pm, Friday, 01'st Dec 2023
The Biden administration announced on Friday that it plans to buy 2.7 million barrels of oil to help replenishing the nation's Strategic Petroleum Reserve.
For Global Leaders At COP28, It's Time To Turn Talk Into Action
12:01pm, Friday, 01'st Dec 2023
At COP28, policymakers, experts, scientists, advocates, farmers, young people, and passionate eaters will come together to guide the world forward.
Crude Oil Price Forecast – Crude Oil Markets Continue To Show Volatility
11:43am, Friday, 01'st Dec 2023
Crude oil markets have been all over the place over the last couple of days, as we continue to bounce around in a well-defined consolidation region.
UNICEF: Fossil fuels must be phased out
11:37am, Friday, 01'st Dec 2023
"The only acceptable role that fossil fuel industries have is to phase out fossil fuels" Vanessa Nakate, the UNICEF goodwill ambassador, says #africa needs green energy investment to lift communities
Energy traders sell the OPEC news; a rebound is coming
10:45am, Friday, 01'st Dec 2023
The price of WTI and Brent crude fell despite another production cut from OPEC. The cut was expected and helps keep the oil market in a tight balance, so this looks like a buy-the-rumor-sell-the-news
How Will the OPEC Supply Cuts and Brazil's Entry Impact Oil?
09:46am, Friday, 01'st Dec 2023
While OPEC's latest cut failed to buy oil prices, there is a significant opportunity to be had for investors who are willing. We suggest buying stocks like SU, EOG and MUR.
Vietnam, at COP28, details plan to use $15.5 billion funding to cut coal use
09:18am, Friday, 01'st Dec 2023
Vietnam's Prime Minister Pham Minh Chinh said on Friday that his country has forged a plan with G7 governments and lenders for how it would use an agreed multi-billion dollar cash injection to reduce
U.S. Oil Land Grab Continues
09:03am, Friday, 01'st Dec 2023
Occidental's talks with CrownRock will make the few remaining large parcels in the Permian basin pricey.
Natural Gas and Oil Analysis: Market Reactions to OPEC+ Decisions and Technical Trends
08:11am, Friday, 01'st Dec 2023
Oil prices exhibit stabilization following OPEC+'s production cuts, with Brent crude and WTI futures experiencing modest increases amid market skepticism.
Exclusive: At COP28, donors join IFC to lure $11 bln in climate cash
08:04am, Friday, 01'st Dec 2023
Some of the world's biggest charities have joined forces with the World Bank's private investment arm in a climate financing venture to try to generate $11 billion in investments in developing countri
Oil prices stabilize after slumping on OPEC+ disappointment
07:53am, Friday, 01'st Dec 2023
Oil futures rose Friday, attempting to find their footing and on track for weekly gains, after slumping the previous session after the outcome of an eagerly awaited OPEC+ meeting left traders unconvin
