Tag: Fossil Fuels

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...

We compare the 2021 Kia Sportage to the 2021 Honda CR-V

This battle of compact SUVs pits the 2021 Kia Sportage against the 2021 Honda CR-V. Here’s how they compare. 2021 Kia Sportage 2021 Kia Sportage...

Maersk stock sails higher in crowded sea of earnings, with European stocks mixed

Shares in Danish shipping giant Maersk sailed higher on Tuesday on a mixed day for European equities, which treaded water amid a sea of earnings...

Tesla and Big Tech are about to rev up the busiest week of earnings season

The busiest week of earnings season is about to kick off, with Tesla and Big Tech companies expected to dominate the headlines. The six largest...

The 2021 Jeep Gladiator vs. 2021 Honda Ridgeline: 2 midsize pickups compared

The 2021 Jeep Gladiator offers Jeep capabilities with a pickup bed while the 2021 Honda HMC, +0.54% Ridgeline includes a strong legacy of reliability. Which is better? Quick facts ...

Oil prices mixed even as China data points to strong rebound for demand

Oil futures were trying for a fifth straight gain Friday but were presently seeing lackluster trade as investors weighed a strong economic report from China...

Oil prices fall as U.S. data show hefty rise in gasoline supplies

Oil prices headed lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline...

SoftBank snaps up $2.8 billion stake in Norway robotics firm

Japanese investment giant SoftBank has agreed to pay $2.8 billion for a 40% stake in Norwegian warehouse automation company AutoStore. SoftBank SFTBY, +4.87% will buy...

PwC lets U.K.-based staff choose start times — and clock off early in the summer

PwC has told its U.K. based staff they can spend around half their working hours at home after the COVID-19 pandemic ends — and clock...

Here are the stocks that could benefit from $4 trillion of infrastructure spending, according to Bank of America

President Joe Biden is due to present his infrastructure spending plan on Wednesday, the opening salvo in getting legislation through Congress to fix crumbling roads...

European stocks softer in aftermath of Fed Chair Powell’s comments

European stocks struggled on Friday, following sharp losses for Wall Street after Federal Reserve Chair Jerome Powell indicated the central bank wasn’t ready to stem...

Dow logs record as cold snap lifts energy stocks, and rise in yields buoys banks

The Dow industrials eked out a record gain, but the other main equity benchmarks limped lower, as progress toward President Joe Biden’s $1.9 trillion coronavirus...

These midsize trucks get the best mileage

Pickup trucks generally aren’t famous for great fuel economy, but the efficiency of some midsize trucks in 2021 may surprise you. There are multiple diesel...

Oil prices move up as traders eye signs of improving energy demand

Oil futures moved up on Tuesday, shaking off earlier weakness, as signs of improving energy demand put global benchmark prices on track to tally an...

Oil futures gain nearly 8% for the month

Oil futures on Friday finished sharply higher for the month, finding support as traders remained hopeful that efforts to rein in global supplies will offset...

Tech stocks won’t crash according to this fund manager, dubbed the English Warren Buffett

Technology stocks are difficult to value but are unlikely to crash, according to one of Europe’s best known fund managers. Terry Smith, who has been...

The best 2021 SUVs priced under $30k

A new SUV doesn’t have to cost you an arm and a leg. While upscale features and options can send the price skyward, there are...

U.S. oil books over 2% gain as weekly crude stockpiles seen falling; Brexit deal nears

Crude-oil futures closed sharply higher Wednesday as a report from the Energy Information Administration showed a drop in U.S. inventories, and favorable geopolitical developments appeared...

How to read what oil prices — and the Dow — are saying about prospects for a ‘normal’ economic recovery

Don’t let the green energy revolution fool you into thinking crude oil prices no longer have much to say about the economic outlook. So cautions...

Gains for U.K. stocks tempered by strong British pound as Brexit hopes rise

London stocks rose on Wednesday, amid continued investor optimism as the U.K. started its COVID-19 vaccine campaign, but gains were tempered as Brexit deal hopes...