Tag: Fossil Fuels

Crude prices fall after Saudi Arabia cuts Asian prices

Oil prices came under renewed pressure on Monday, after Saudi Arabia cut prices for its Asian customers and demand worries lingered following last week’s weaker-than-expected...

U.S. oil prices finish with a slight gain as OPEC+ keeps plan to boost output in place

U.S. oil futures on Wednesday finished with a slight gain, but global prices posted a modest loss, after major oil producers made no changes to...

What the Afghan government’s collapse might mean for the U.S. stock market

After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some...

U.S. COVID-19 case tally passes 36 million as more states seek face-mask mandates and plead with unvaccinated to get shots

The U.S. tally of confirmed cases of COVID-19 passed 36 million on Wednesday, with at least three states gearing up to implement face-mask mandates as...

The Biden Administration Won’t Explain Its Handout To Big Coal

One week after being sworn in, President Joe Biden signed a sweeping executive order aimed at “tackling the climate crisis at home and abroad.” It...

Shell shares surge after results, driving FTSE 100 higher

London stocks climbed on Thursday, thanks to strong results from oil and gas giant Shell, which announced a $2 billion share buyback plan, with mining...

U.S. Reaches Deal With Germany Over Russian Nord Stream 2 Pipeline

The State Department detailed an agreement Wednesday between the U.S. and Germany allowing the completion of a controversial Russian natural-gas pipeline, giving Germany and Russia...

U.S.-German Deal on Russia’s Nord Stream 2 Pipeline Expected Soon

The U.S. and Germany have reached an agreement allowing the completion of a controversial Russian natural-gas pipeline, according to officials from Berlin and Washington, who...

What does a mature streaming service look like? Netflix is about to show us

Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like...

Oil slumps on OPEC compromise expectations, COVID variant concerns

Oil futures fell Thursday, extending a slump that began in the previous session after data showed a rise in U.S. fuel supplies and after reports...

OPEC Reaches Compromise With U.A.E. Over Oil Production

OPEC reached a compromise with the United Arab Emirates, agreeing to lift the amount of oil the cartel member can eventually pump as part of...

Opinion: If you want to fix climate change, you need to fix this flaw in conventional economic thought

BRUSSELS, Belgium (Project Syndicate)—Nowhere are the limitations of neoclassical economic thinking—the DNA of economics as it is currently taught and practiced—more apparent than in the...

Oil extends bounce but remains on track for weekly loss

Oil futures rose sharply Friday, extending a bounce from the previous session triggered by a sharp fall in U.S. crude and gasoline inventories, but remain...

U.A.E. Pushes to Produce More Crude, Creating OPEC Deadlock

Behind the standoff inside OPEC over whether to boost oil production is a key cartel member with a new strategy: sell as much crude as...

OPEC+ calls off output talks again Monday, leading crude oil prices to surge

Oil prices rose on Monday, driven higher after the OPEC+ group of producers again called off talks on output levels, failing in its third attempt...

What’s next for oil prices as OPEC+ deadlocks, with more talks set for Monday

Never underestimate OPEC’s reserves of last-minute drama. The Organization of the Petroleum Exporting Countries and its allies, including Russia, had appeared on track Thursday to...

Buckle up: This July 4, gas prices will hit $3.62 a gallon in some regions

Think about this when you fill your tanks this weekend. Heading into the July 4 holiday, gasoline prices are hovering at $3.09 a gallon on...

Review: Hyundai’s first pickup, the 2022 Santa Cruz

Price: We expect the 2022 Hyundai Santa Cruz pricing to start around $25,000. There has been lots of discussion about a Hyundai HYMTF, +1.36% pickup truck...

European stocks tumble, tracking Wall Street losses, as Fed’s hawkish turn reveberates

European stocks tumbled Friday, with banks and energy companies leading declines, as investors continued to absorb a hawkish turn by the Federal Reserve and Wall...

How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy

Oil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the...

Opinion: Memo to company directors: Deliver for shareholders or face consequences

At Exxon Mobil’s XOM, +0.16% annual shareholders’ meeting in May, shareholders voted to replace three board members with the nominees from activist hedge-fund Engine No....

Oil prices surge to more than 2-year high ahead of OPEC+ meeting

Oil prices surged to the highest level in more than two years on Tuesday, as investors awaited a meeting of the Organization of the Petroleum...

U.S. Declines to Impose Sanctions on Nord Stream Pipeline

WASHINGTON—The State Department cited the parent company and chief executive of a Russian natural-gas pipeline for sanctions but waived the penalties, clearing a hurdle for...

Will the Colonial Pipeline outage hike gas prices? It all depends on where you live

Just ahead of Memorial Day weekend — a time when families may be itching to get out and greet summer after a long, hard pandemic...

The 2021 Honda CR-V does just about everything right

If you’re in the market for a compact crossover SUV, the 2021 Honda CR-V must be on your test-drive list. Like its rival the Toyota RAV4...