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The dishonest ways oil companies are trying to drum up support for neighborhood drilling

fastcompany.com This article originally appeared on Inside Climate News. It is republished with permission. Sign up for their newsletter here. Beth Harvey had just finished grocery shopping…

Concerns grow that Alberta's Sovereignty Act will drive investment from province when it's needed most

cbc.ca Concerns grow that Alberta's Sovereignty Act will drive investment from province when it's needed most Business leaders wary of Alberta Premier Danielle Smith's…

Europe Races Against the Clock on Oil

bloomberg.com Europe Races Against the Clock on Oil Bloomberg

Oil Updates

arabnews.com RIYADH: Oil prices dipped in Asia trade on Thursday as uncertainty lingered ahead of Sunday’s meeting of the Organization of Petroleum Exporting Countries, and its allies,…

White House weighs future release of emergency heating, crude oil reserves as winter nears

cnbc.com Industry heating oil inventories have risen slightly in recent weeks, now sitting about 10% below the five-year average, according to Energy Information Administration. -…

3 Cheap Energy Stocks to Buy Right Now

fool.com The energy industry has come to life in 2022 as investors have flocked to companies that generate revenue from making physical goods and extracting commodities. It hasn't…

3 Top Energy Stocks to Buy Right Now

fool.com Many investors had a rough go of it so far in 2022. Inflation and rising interest rates weighed on stocks, with the S&P 500 index down 17% year to date. But one industry is…

Asia-Pacific markets trade higher as Fed signals smaller hikes ahead

cnbc.com Markets in the Asia-Pacific traded higher, carrying on the optimism behind Wall Street's rally as Federal Reserve Chair Jerome Powell confirmed smaller rate hikes could…

Washington’s Oil Price Cap Won’t Work-And Putin Knows It

forbes.com For the past several months the U.S. has been shopping around other advanced democracies a scheme to coordinate the placement of a cap on the price Russia can charge on its…

Deven Choksey on Kirit Parekh report & impact on oil & gas stocks

indiatimes.com Related Is it a good time to buy into GMR Airports considering that Adani airport IPO will happen in next 12 to 18 months? There was a buzz that Bangalore airport could see…

Europe's Russian Oil Cap and Ban May Have Unexpected Effect

barrons.com Europe plans to ban seaborne Russian oil shipments, and cap the prices that Russia can sell its oil elsewhere starting on Dec. 5. Traders are worried that the move will rock…

Oil rally stalls on weak Chinese data, uncertainty over OPEC cut By Investing.com

investing.com By Ambar Warrick Investing.com-- Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer…

Companies Like Amazon Are Buying Clean Energy

forbes.com The need for oil and gas has never been so clearly defined as in 2022. Recovery from the pandemic started it. The Invasion of Ukraine by Russia that pushed European nations…

Oil edges higher on tight supply, China demand recovery optimism By Reuters

investing.com (Reuters) - Oil prices nosed ahead in early Asian trade on Thursday, lifted by signs of tighter supply and by optimism over a Chinese demand recovery. Brent crude futures…

Up More Than 300%: 3 Monster Growth Stocks Flying Under the Radar

yahoo.com For the past couple of months or so, the markets have mostly been trending upwards. However, such has been the strength of 2022’s inflation-driven/interest-rate-hiking…

U.S. Total Trade Likely To Surpass Eye-Popping $5 Trillion In 2022

forbes.com U.S. merchandise trade with the world is on track to surpass an eye-popping $5 trillion in 2022, according to the latest U.S. Census Bureau data. Total U.S. trade only…

China And India Are Buying Russian Crude At A 40% Discount

zerohedge.com China And India Are Buying Russian Crude At A 40% Discount By Alex Kimani of OilPrice.com The European Union on Friday once again failed to reach an agreement on a price cap…

U.S. gas prices plunge toward $3 a gallon as demand drops worldwide

washingtonpost.com The cost of gasoline is falling so fast that it is beginning to put real money back in the pockets of drivers, defying earlier projections and offering an unexpected gift…

Biden Considers Calling On Congress To Boost Heating Oil Supplies As Winter Nears

zerohedge.com Biden Considers Calling On Congress To Boost Heating Oil Supplies As Winter Nears White House officials told CNBC's Kayla Tausche about a new plan to call on members of…

Informed Voting In The Information Age

forbes.com Unfettered access to facts and figures must surely equate to a more informed electorate… right? Not so. On the contrary, the speed and ease with which people now transmit…

Biden nominee to be ambassador to Russia pledges to prioritize prisoner release By Reuters

investing.com By Patricia Zengerle WASHINGTON (Reuters) - President Joe Biden's nominee to be ambassador to Russia, Lynne Tracy, pledged on Wednesday to make the release of detained…

How the West’s price cap on Russian oil could roil energy markets

economist.com How the West’s price cap on Russian oil could roil energy markets Traders expect a damp squib; they could get dynamite instead Ever since Russia invaded Ukraine in February…

In 2022, U.S. Exports Could Top $2,000,000,000,000 For First Time

forbes.com U.S. exports might top $2 trillion for the first time this year, though the total won’t be revealed until early February. U.S. imports, on the other hand, first topped $2…

Closing prices for crude oil, gold and other commodities

go.com Benchmark U.S. crude oil for January delivery rose $2.35 to $80.55 a barrel Wednesday. Brent crude for January delivery rose $2.40 to $85.43 a barrel. Wholesale gasoline for…

Next Week Will Be Critical For Oil Markets

zerohedge.com Next Week Will Be Critical For Oil Markets By Tsvetana Paraskova of OilPrice.com The next few days will be one of the most crucial for the oil market in weeks as several…

Key EU Nations Weigh Lowering Russia Oil Price Cap Level to $60

bloomberg.com Key EU Nations Weigh Lowering Russia Oil Price Cap Level to $60 Bloomberg

With crude prices rising but the energy sector down, we're buying this oil stock into weakness

cnbc.com We're buying 25 shares of Pioneer Natural Resources (PXD), at roughly $233.66 a share. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 150 shares of PXD,…

Does The Inflation Risk Premium Decline Signal Lower Commodity Prices?

zerohedge.com Does The Inflation Risk Premium Decline Signal Lower Commodity Prices? Authored by Steven Vanelli via Knowledge Leaders Capital blog, There are many ways to decompose the…

Exxon-Mobil Merger Creates Largest Company In The World On This Day In Market History

benzinga.com Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Nov. 30, 1999, a $73.7-billion merger between Exxon and Mobil Oil…

Oil Shoots Up On Huge Crude Inventory Draw

oilprice.com Crude oil prices moved further up today after the U.S. Energy Information Administration reported a crude oil inventory decline of 12.6 million barrels for the week to…

France stocks higher at close of trade; CAC 40 up 1.04% By Investing.com

investing.com Investing.com – France stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Financials and Consumer Services sectors led shares higher. At the close…

Oil prices rise as data show a third straight weekly drop in U.S. crude inventories

marketwatch.com Oil futures rose Wednesday, finding support after U.S. government data revealed that domestic crude inventories fell by nearly 13 million barrels, down for a third…

Source: Don’t Expect Any Oil Supply Surprises From The Sunday OPEC+ Meeting

oilprice.com The fact that OPEC+ has decided to meet virtually this Sunday suggests surprises with regard to oil supply policy are unlikely, Reuters reported today, citing an unnamed…

US tries to break EU deadlock over Russian oil price cap

politico.eu U.S. officials have stepped in to try to persuade Poland and other EU countries to agree on a plan to hit Vladimir Putin's war fund by capping the price paid for Russian…

Eni in talks to buy Neptune Energy

ft.com Deal would be one of the biggest in oil and gas industry in recent years

Deep Dive: 20 big oil companies expected to be cash gushers in 2023 despite short-term uncertainty

marketwatch.com The energy sector of the S&P 500 has been the year’s best performer, yet oil stocks still appear to be inexpensive when compared with those in other industries. If you are…

A market mystery: Energy stocks are still riding high even as crude oil tumbles

cnbc.com Traders are watching oil vs. oil stocks and thinking something has to give. One side is wrong. There is a huge divergence that has developed between energy stocks and crude…

Here are 3 reasons why investors should warm up to energy stocks despite falling oil prices and growing short interest

businessinsider.com Spencer Platt/Getty Images Investors should stick with energy stocks despite the recent decline in oil prices, according to DataTrek. The research firm offered three reasons…

Treasury Secretary Janet Yellen speaks at a critical moment for the global economy

nytimes.com Treasury Secretary Janet L. Yellen is speaking at The New York Times’s DealBook Summit on Wednesday at a pivotal time for the global economy and the Biden administration.…

New England’s high heating costs exacerbated by federal government

foxbusiness.com Home heating bills are soaring across the country amid already-elevated energy costs, and the Northeast is expected to be hit hardest this winter. The region is particularly…

Oil Prices Jump On Major Crude Draw

oilprice.com OPEC+ is opting to meet… Chevron is getting ready to ship the first oil cargo from Venezuela to the United States by late December after the U.S. Administration issued this…

U.S. stocks wobble again on mixed economic data ahead of Powell speech By Investing.com

investing.com Breaking News By Liz Moyer Investing.com -- U.S. stocks were wobbling again on Wednesday as investors await a speech from Federal Reserve Chair Jerome Powell this afternoon,…

WTI Extends Gains After Massive Crude Inventory Draw

zerohedge.com Oil prices extended yesterday's gains this morning with WTI back above $80 after API reported inventories fell by almost 8 million barrels and further optimism of a rising…

Zuckerberg, Zelensky and More Speak at DealBook Summit: Live Updates

nytimes.com Treasury Secretary Janet L. Yellen is speaking at The New York Times’s DealBook Summit on Wednesday at a pivotal time for the global economy and the Biden administration.…

Canadian dollar rallies as China reopening hopes boost oil prices

theglobeandmail.com The Canadian dollar CADUSD strengthened against its U.S. counterpart on Wednesday, clawing back nearly all of its previous day’s decline, as hopes that China would soon…

This Ultra-High-Yield Dividend Stock Thinks Its Shares Are a Screaming Bargain

fool.com Diamondback Energy (FANG 1.24%) is producing a gusher of free cash flow this year. The oil company is on pace to generate more than $4 billion of free cash flow,…

The one thing everyone said would happen after Russia invaded Ukraine hasn’t

247wallst.com In today’s issue: — Russia’s invasion of Ukraine was supposed to speed the renewable transition. What happened? — One of the world’s leading atmospheric observatories is…

Peak Oil: The Perennial Prophecy That Went Wrong

forbes.com Peak oil, a hypothetical point when global oil production maximizes and enters an irreversible decline, has been the holy grail of resource economics for decades: prized and…

Economic headwinds set to push oil below $100 a barrel in 2023, poll shows

theglobeandmail.com Brent oil prices will hold above the $100 level for the rest of 2022 as an impending EU ban on Russian oil sparks uncertainty over supply, but will tick lower next year as…

The White House Is Gaslighting About ‘9,000 Unused Permits’

forbes.com Each year at this time, the editors at Merriam-Webster announce their chosen “Word of the Year.” For 2022, that word is “gaslighting,” which the dictionary defines as “The…

Venezuelan oil exports flow using false documents, ships linked to Iran By Reuters

investing.com By Marianna Parraga and Jonathan Saul HOUSTON/LONDON (Reuters) - When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality…

OPEC+ switch to virtual meeting signals policy roll-over ahead of Russian oil price cap, sources say

theglobeandmail.com The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, sources told Reuters on Wednesday, as the group assesses the impact of…

Oil Surrenders Most of 2022 Gains: 6 Stocks to Grab Now That Pay Huge Dividends

247wallst.com Beleaguered consumers being hit with the worst rise in inflation in 40 years have been cheering the recent decline in the benchmark pricing for oil, and with good reason. In…

Enbridge raises quarterly dividend as it forecasts higher 2023 core earnings

theglobeandmail.com Canadian pipeline operator Enbridge Inc ENB-T on Wednesday forecast higher 2023 core earnings, banking on sustained high demand for oil and gas amid tight supplies. Demand…

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