Environment

Picture taken on May 3, 2022 shows a general view of Slovakia’s largest mineral oil refinery Slovnaft in Bratislava, Slovakia. Joe Klamar | Afp | Getty Images Record high oil prices could be on the horizon in the event of a conflagration of the ongoing Israel-Hamas war, the World Bank cautioned. Should the conflict expand

In an aerial view, the Valero Houston refinery seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Oil prices dipped even after Israel sent ground forces into the Gaza Strip, raising tensions in the Middle East, as investors closely monitor the U.S. Federal Reserve’s monetary policy meeting later this week. Global benchmark

Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023.  Amanda Perobelli | Reuters FTX founder Sam Bankman-Fried told jurors in his criminal trial on Friday that he didn’t commit fraud at his

In this article SEDG Follow your favorite stocksCREATE FREE ACCOUNT Solar panels at the ENGIE Sun Valley Solar project in Hill County, Texas, on March 1, 2023.  Mark Felix | AFP | Getty Images Solar stocks tumbled on Friday after solar product manufacturer SolarEdge warned that demand in Europe has significantly weakened, furthering battering sentiment

A police officer speaks to Swedish climate activist Greta Thunberg moments before she was arrested outside the InterContinental London Park Lane during the “Oily Money Out” demonstration organised by Fossil Free London and Greenpeace on the sidelines of the opening day of the Energy Intelligence Forum 2023 in London on October 17, 2023. Henry Nicholls

The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Tether froze 32 virtual wallets linked to crypto-funded terrorism and warfare in Israel and Ukraine, according to a media release published on Monday. Tether, which issues the

In this article @CL.1 XOM PXD Follow your favorite stocksCREATE FREE ACCOUNT Workers connect drill bits and drill collars used to extract oil in the Permian basin outside of Midland, Texas. Brittany Sowacke | Bloomberg | Getty Images After three and a half years, a tripling in the S&P 500 Energy Index, and many soon-to-be-forgotten

Bloomberg | Getty Images Oil prices on Friday rose 4% after the U.S. tightened sanctions against Russian crude exports, exacerbating supply concerns in an already tightly balanced energy market. International benchmark Brent crude futures with December expiry traded 3.9% higher at $89.34 per barrel at around 6:25 a.m. ET, while front-month November U.S. West Texas

Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images The International Monetary Fund has raised its growth forecast for India, saying the country’s growth will remain strong in 2023 and 2024 — but analysts warn there will be headwinds

In this article XOM PXD Follow your favorite stocksCREATE FREE ACCOUNT Scott Sheffield, CEO of Pioneer Natural Resources. Adam Jeffery | CNBC Pioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot higher if Iran gets involved in Hamas‘ war on Israel. “If Iran enters the war, we’re going to see much higher oil prices,

Workers install solar panels during the completion phase of a 4-acre solar rooftop atop AltaSea’s research and development facility at the Port of Los Angeles, in the San Pedro neighborhood, on April 21, 2023 in Los Angeles, California. Mario Tama | Getty Images California Gov. Gavin Newsom on Saturday gave the greenlight for the state’s

Tensions in the Mideast are as high as they’ve been in recent memory after Saturday’s invasion of Israel and the massacre of its citizens by the terrorist group Hamas. The deadliest attack on Israel in a half-century sparked volatility in financial markets and could have ripple effects for investors around the world depending on what

A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. Peter Boer | Bloomberg | Getty Images A project described as the “world’s largest offshore wind farm” took a major step forward over the weekend after producing its first power. Located off the coast of northeast England in the North Sea, the Dogger

Lights illuminate the processing plant at the Persian Gulf Star Co. (PGSPC) gas condensate refinery in Bandar Abbas, Iran, on Wednesday, Jan. 9. 2019. Bloomberg | Bloomberg | Getty Images Oil prices jumped 4% as the Israel-Hamas conflict extended into its third day following a surprise attack on Israel by Palestinian militants Hamas. Global benchmark

Children are seen in a destroyed house after Israeli attacks in Gaza City, Gaza on October 07, 2023. Mustafa Hassona | Anadolu Agency | Getty Images From being labeled “Israel’s 9/11,” to the culmination of a “50-year time bomb,” political analysts are reacting to the Israel-Hamas conflict and contemplating what happens next as the fighting

Oil and natural gas prices traveled divergent paths this week, resulting in a mixed picture for the Club stocks Coterra Energy (CTRA) and Pioneer Natural Resources (PXD). Fresh off robust third-quarter gains, crude has tumbled in recent days, sending the U.S. oil benchmark West Texas Intermediate and global oil standard Brent prices to their lowest

From February 5, 2023, the European Union will no longer purchase petroleum products such as diesel, gasoline or lubricants from Russia. Picture Alliance | Picture Alliance | Getty Images Russia’s government on Friday said it had withdrawn a ban on diesel exports delivered to sea ports via pipelines, removing a large chunk of restrictions it

Oil prices surged to their highest level in more than a year on Thursday. The U.S. West Texas Intermediate futures reached $95.03 per barrel, marking the highest cost since August 2022. Manan Vatsyayana | Afp | Getty Images India’s minister of petroleum and natural gas warned that there’ll be “organized chaos” if oil prices break

A year ago, Sam Bankman-Fried was revered as a titan of the industry and living large at a $40 million penthouse in the Bahamas, while he ran a crypto empire valued at $32 billion. On Tuesday morning in a Manhattan federal court in New York, the now disgraced founder and ex-CEO of the bankrupt crypto

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. Stocks mixed Danaher’s spin-off Stick with Eli Lilly 1. Stocks mixed, as bond yields rise U.S. equities were mixed Monday in midmorning trading, with Big Tech outperforming while energy stocks