Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues. Shell said it’s selling a...
Calls to keep fossil fuels in the ground are anathema to leaders in the oil and gas industry, who insist the world will continue “to be...
LONDON — Stock picking is going to be more important for investors than macroeconomic themes in 2022, according to BlackRock’s Nigel Bolton. Markets continue to grind...
Oil prices tumbled to the lowest level in more than two months Friday as the new Covid-19 strain sparked fears about a demand slowdown just as...
Democrats and climate activists generally supported President Joe Biden’s decision to release a record 50 million barrels of oil from America’s strategic reserve, even as the...
It may be evidence inflation is meaningfully stretching budgets. According to economic forecaster Lakshman Achuthan, Wall Street is ignoring a striking consumer spending slowdown that will...
U.S. jet-fuel prices have surged past pre-pandemic levels. Air travelers have returned in droves but higher costs are sopping up more of airlines’ revenue. Higher airfares...
Chevron said Friday that it generated the highest free cash flow on record during the third quarter as surging commodities prices and lower operational costs boosted...
A plunge may be looming for cryptocurrencies, housing and disruptive technology stocks tied to innovation. According to Rich Bernstein, an Institutional Investor Hall of Famer, the...
Economist David Rosenberg suggests hyperinflation warnings are irrational. The longtime bear, known for his contrarian views, blames rising prices on Covid-19-induced supply side shocks. According to...
