Global News Aggregator
Oil production in Azerbaijan Vostok | Getty Images Oil prices fell Wednesday, as traders feared a brewing banking crisis could dent global economic growth. West Texas Intermediate futures fell more…
While oil production in the U.S. will continue its return towards pre-Covid levels, limits on refining capacity and inventory mean it will not grow as much as some hope, according…
Occidental (long known as Occidental Petroleum) was the No. 1-performing stock in S&P 500 last year, but it didn’t get there by way of massive growth in oil and gas…
Club holdings Coterra Energy (CTRA) and Pioneer Natural Resources (PXD) delivered fourth-quarter earnings beats Wednesday. But we’ll be watching for how the market responds to higher capital expenditure outlooks and…
New Zealand raises interest rates by 50 basis points to 4.75% New Zealand’s central bank has raised interest rates by 50 basis points from 4.25% to 4.75, in line with…
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. Stick with TJX Sit tight…
BHP cuts dividend by 40% after nearly a one-third drop in profit Mining giant BHP has cut its dividend by 40% after it reported a drop in profits and revenue…
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 Friday’s key moments. Wait to put cash to…
The Club is trimming two oil-and-gas holdings, as energy prices tumble. Source link: https://www.cnbc.com/2023/02/17/were-trimming-and-downgrading-these-oil-stocks-.html
Australia central bank chief warns of “damaging” and “corrosive” high inflation Reserve Bank of Australia governor Philip Lowe warned of the risks that high inflation will have on the country…