OPEC says oil industry unjustly vilified ahead of UN climate talks
CNBC | Oil and Gas
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1d ago
The chief of OPEC dismissed a report that said the industry must choose between deepening the climate crisis or embracing clean energy ..read more
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UAE reportedly planned to use COP28 climate summit to lobby for oil and gas deals
CNBC | Oil and Gas
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1d ago
COP28 will be held in Dubai, with scores of world leaders and government ministers from nearly 200 countries expected to attend ..read more
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What to expect from OPEC meeting as traders digest recent price 'carnage'
CNBC | Oil and Gas
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4d ago
A "stunned" oil market is looking for stability after OPEC's meeting delay as traders digest the "carnage that the price action has endured," according to PVM ..read more
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Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says
CNBC | Oil and Gas
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5d ago
The oil and gas industry faces a reckoning over its role in the clean energy transition, according to an International Energy Agency report ..read more
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Citi expects this underperforming oil and gas stock to turnaround next year with 16% upside
CNBC | Oil and Gas
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5d ago
Ovintiv's stock collapsed earlier this year but the oil and gas company is primed for a turnaround next year, according to Citibank ..read more
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Oil group OPEC and its allies delay policy-setting meeting by four days
CNBC | Oil and Gas
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6d ago
A meeting of the influential Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, has been rescheduled ..read more
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U.S. crude oil fell into a bear market this week and could head lower as China 'haunts the market'
CNBC | Oil and Gas
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1w ago
The bearish narrative is driven by worries that supply is increasing as demand threatens to slow in the U.S. and China ..read more
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Coal use needs to be slashed seven times faster to meet emissions target, analysis finds
CNBC | Oil and Gas
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1w ago
The authors of the report propose a raft of measures that need to be taken if climate goals are to be reached ..read more
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Cramer says the Fed's efforts to squash inflation are now hurting stocks like Walmart
CNBC | Oil and Gas
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1w ago
"Saying goodbye to inflation is sweet, but there's a little momentary sorrow, too," Cramer said ..read more
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With oil and natural gas under pressure, Cramer says now is the time to buy Coterra stock
CNBC | Oil and Gas
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1w ago
Oil and natural gas prices tumbled further Thursday, dragging down Club holding Coterra Energy (CTRA) and other energy stocks along the way ..read more
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