Environment

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’s key moments. No man’s land Watch Big Tech holdings Stick with Coterra Energy 1. No man’s land Stocks edged up Tuesday morning, as the market attempted to stage a rebound following a

Amin Nasser, the chairman and CEO of Saudi Arabia’s state-run oil giant Aramco. Jon Gambrell | AP KUALA LUMPUR, Malaysia — Saudi Arabia’s state-owned oil giant Aramco is bullish on oil markets for the rest of 2023 as demand from major importers China and India is expected to be strong despite an expected global downturn.

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. Equities down, as energy outperforms Stick with Palo Alto Networks Watch Wells Fargo 1. Equities down, as energy outperforms Stocks edged down in midmorning trading Monday, as Wall Street entered

The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. In October last year, the oil cartel announced its decision to cut output by two million barrels per day. Joe Klamar | Afp | Getty Images KUALA LUMPUR — Global oil demand will rise to 110 million barrels a day

Russia’s President Vladimir Putin issues a statement in Moscow on June 24, 2023 as Wagner fighters stage rebellion in the biggest threat to Putin’s quarter-century grip on power. Pavel Bednyakov | AFP | Getty Images Oil prices rose on Monday after an attempted insurrection in Russia stoked fears that energy supplies would be disrupted by

German energy prices are so high that some companies are considering leaving the country altogether, according to Siegfried Russwurm, head of the German Industry Federation (BDI). CNBC’s Annette Weisbach asked Russwurm whether the ongoing energy situation was “bad enough” for companies to relocate, to which he responded: “It is indeed.” “A lot of family-owned companies

Shortly after the opening bell Friday, we’ll be selling 15 shares of Linde (LIN), at roughly $376.77 each. Following the trade, Jim Cramer’s Charitable Trust will own 190 shares of Linde, decreasing its weighting in the portfolio to 2.54%, from 2.73%. We’re booking profits in industrial gas giant Linde Friday morning, consistent with our discipline

swissmediavision | E+ | Getty Images For those who hit the road to travel this summer, there is good news: Gas prices are substantially lower than they were last year. “What a difference a year makes,” said Andrew Gross, a spokesperson for AAA, the motoring and leisure travel membership organization. As of Friday, the national

Imaginima | E+ | Getty Images Global oil demand growth will trickle nearly to a halt in the coming years and peak this decade, according to the International Energy Agency, with Chinese consumption set to slow down after an initial pent-up recovery.   “The shift to a clean energy economy is picking up pace, with a

U.S. President Joe Biden delivers remarks at the League of Conservation Voters annual dinner in Washington, U.S., June 14, 2023.  Jonathan Ernst | Reuters Four of the country’s largest environmental groups have endorsed President Joe Biden‘s re-election bid despite disapproval from climate activists over his administration’s support of fossil fuel plans, including the approval of

In this article SHEL-GB Follow your favorite stocksCREATE FREE ACCOUNT In this aerial view, cars line up to refuel before the price rises at a Shell station on June 14, 2022 in Wuhan, Hubei province, China. Getty Images | Getty Images News | Getty Images British energy giant Shell is boosting its oil and gas production to

Here’s a rapid-fire update on all 35 stocks in Jim Cramer’s Charitable Trust, the portfolio we use for the CNBC Investing Club. Jim ran through each name during our June Monthly Meeting on Wedensday. Apple (AAPL): After jumping more 40% year-to-date, the iPhone maker’s stock looks somewhat expensive, at over 28-times forward earnings. But that’s not

Shell reported adjusted earnings of $39.9 billion for the full-year 2022. Sopa Images | Lightrocket | Getty Images British oil major Shell on Wednesday announced plans to boost returns to shareholders and keep oil output steady, as part of its strategy to simplify the group’s business and improve investor confidence. Ahead of its Capital Markets

In this article ES Follow your favorite stocksCREATE FREE ACCOUNT Saudi Arabia is seeking stronger cooperation with China on trade investments and energy flows rather than competing with the superpower, said Energy Minister Prince Abdulaziz bin Salman. “We came to recognize the reality of today that China is taking, had taken a lead, will continue

In this article GSBD Follow your favorite stocksCREATE FREE ACCOUNT The Johan Sverdrup oil field in the North Sea Carina Johansen | AFP | Getty Images Goldman Sachs analysts slashed their oil price forecast by almost 10% on the back of whey they see as increasing supply and slower demand for crude. According to a

Wind power generation and shoal aquaculture are seen at a demonstration base of coastal shoal industry in Yancheng City, East China’s Jiangsu province, May 16, 2023. (Photo credit should read Lu Hongjie / CFOTO/Future Publishing via Getty Images) Lu Hongjie | Future Publishing | Getty Images The world’s energy system is no longer “fit for