Environment

The OPEC logo on the building of the Organization of the Petroleum Exporting Countries. Thomas Coex | Afp | Getty Images The oil-producing Organization of the Petroleum Exporting Countries and its allies could extend existing output cuts this week, delegates and analysts told CNBC, even as focus shifts from Middle East tensions to summer demand.

In this article XOM Follow your favorite stocksCREATE FREE ACCOUNT An Exxon gas station sign is seen on October 06, 2023 in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Four years ago, Exxon Mobil’s reign as the longest serving component in the Dow Jones Industrial Average came to an

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors

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 Tuesday key moments. The stock market experienced a broad decline Wednesday as Club name Nvidia seesawed on either side of unchanged. Nvidia has been on a tear since last Wednesday’s blockbuster quarter —

In this article XOM CVX HES Follow your favorite stocksCREATE FREE ACCOUNT Jaap Arriens | Nurphoto | Getty Images Hess shareholders will vote Tuesday on the New York-headquartered oil company’s pending acquisition by Chevron for $53 billion, as the timeline for when the deal may close has become increasingly murky with the companies locked in

Ryan Salame, former co-chief executive officer of FTX Digital Markets Ltd., arrives at federal court in New York, US, on Tuesday, May 28, 2024.  Yuki Iwamura | Bloomberg | Getty Images Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half years, in

Republican presidential candidate and former president Donald Trump shakes hands with North Dakota Gov. Doug Burgum and Vivek Ramaswamy, left, at a campaign rally at the The Margate Resort in Laconia, NH on Monday, January 22, 2024. Jabin Botsford | The Washington Post | Getty Images If former President Donald Trump taps North Dakota Gov.

US President Joe Biden delivers remarks on efforts to lower high gas prices in the South Court Auditorium at Eisenhower Executive Office Building June 22, 2022 in Washington, DC. Jim Watson | AFP | Getty Images The Biden administration will release 1 million barrels of gasoline from reserves held in the Northeast to reduce prices

In this article BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Sam Edwards | Getty Images The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company.

In this article @LCO.1 @NG.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT A Shell gas station in Austin, Texas, on May 3, 2024. Brandon Bell | Getty Images Crude oil futures fell to three-month lows on Friday and are heading to a weekly loss as the summer driving season gets underway with the Memorial Day

Drivers sit in traffic on southbound Interstate 5 during the afternoon commute heading into downtown San Diego on March 12, 2024 in San Diego, California. Kevin Carter | Getty Images The Biden administration’s move to sell 1 million barrels of gasoline from a reserve in the Northeast is unlikely to have a substantial effect on

A pumpjack is shown outside the Midland-Odessa area in the Permian basin in Texas, July 17, 2018. Liz Hampton | Reuters Crude oil futures bounced back Thursday after a three-day decline but are still on pace for a weekly loss. U.S. crude oil is down 2.4% for the week while Brent, the global benchmark, is

Aerial view of Eleven Mile Solar in Coolidge, Az.  Photo: Van Applegate Danish renewable energy developer Orsted won a $680 million investment from JPMorgan in two U.S. projects as incentives from the Biden Administration’s signature climate law — the Inflation Reduction Act (IRA) — spur a clean energy boom in the U.S. JPMorgan will provide tax

In this article XOM Follow your favorite stocksCREATE FREE ACCOUNT Dado Ruvic | Reuters A federal judge in Texas on Wednesday said Exxon Mobil can sue to bar a climate change proposal from an activist investor, in a case that has raised concerns about its future impact on shareholder resolutions. U.S. District Judge Mark Pittman

An oil pumpjack is pictured in the Permian Basin in the Loco Hills regions, New Mexico, on April 6, 2023. Liz Hampton | Reuters Crude oil futures fell for a third session Wednesday, extending this week’s losing streak as prices soften ahead of a crucial OPEC meeting in June. U.S. crude oil and global benchmark

For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the last few months, the agency appears to have trained its sights on ethereum, in particular. Some of the biggest names in decentralized finance are now fighting back. In a 40-page filing on Tuesday, Uniswap Labs