Energy stocks biggest losers of 2019 and decade
The shale revolution of the 2010s catapulted the United States to the top of the global energy food chain. Yet the view from the top has been awfully lonely for investors.
energy commodities
OPEC's plan to boost oil prices may not work
The plan unveiled just last week by OPEC and allied oil producers to prop up crude prices could fall flat.
Chevron takes $10 billion hit from cheap oil, gas prices
America's abundance of crude oil and natural gas is forcing Chevron to slash the value of its energy portfolio.
OPEC, allies agree to deeper production cuts to prop up oil prices
OPEC, Russia and other oil producing nations have agreed to deeper production cuts in an attempt to support crude prices in the face of a looming supply glut mainly due to booming US output.
OPEC poised to cut production further to shore up prices
OPEC and its allies have reportedly agreed to deepen its production cuts by 500,000 barrels per day in an attempt to support crude oil prices in the face of booming U.S. output.
Another big luxury deal may be brewing
Kering, the owner of luxury brands including Gucci and Yves Saint Laurent, has held exploratory talks to buy Italian apparel company Moncler, according to Bloomberg.
Oil prices could plunge 30% if OPEC fails to act
OPEC and its allies are once again being forced to consider dramatic action to avert a crash in oil prices.
America is now the world's top oil producer, but cracks are emerging
By any measure, America's rapid expansion to a record 12 million barrels of oil output a day has been a global game-changer.
Investors are dumping oil. So why would anyone buy Saudi Aramco?
Saudi Arabia's state oil monopoly makes more money than any other company on Earth. But low oil prices, the climate crisis and geopolitical risk could deter investors from buying into the partial privatization of Saudi Aramco.
Exxon's profit shrinks by 49% because oil prices aren't cooperating
ExxonMobil is finally cashing in on America's shale oil boom. But soft crude prices are dinging the oil giant's bottom line.
UK's American-style fracking boom not happening
The United Kingdom once hoped that fracking would unlock its shale energy reserves, enhancing the country's energy security and creating jobs and new tax revenues in the process. That now looks unlikely to ever happen.
Dow spikes as Trump says US and China reach initial trade agreement
The Dow and broader stock market rallied again on Friday after US President Donald Trump said the United States and China reached a preliminary trade agreement.
Global stocks jump on US-China trade optimism, oil supply fears
Global markets broadly pulled higher on Friday, led by Hong Kong, as optimism grew about US-China trade talks and reports of damage to an Iranian oil tanker sent energy stocks spiking.
California gas prices soar above $4
Gasoline prices have spiked in California, soaring well above what most Americans are paying at the pump. In some locations, Californians are paying $5 for a gallon of gas.
Dow ends lower after White House considers limiting investing flows to China
Stocks had a volatile session Friday, as investors responded to mixed economic data and reports that the White House is weighing whether to limit investment flows into China.
Dow closes slightly lower after Fed's interest rate decision
Stocks finished mixed Thursday, as investors come to grips with the Federal Reserve forecasting no further interest rate cuts this year.
Iran's Rouhani comes out swinging against the US
Iranian President Hassan Rouhani has again denied responsibility for weekend attacks in Saudi Arabia and slammed US accusations against Tehran as "maximum slander."
Oil prices tumble after Saudi Arabia says production is coming back online
Oil prices dropped sharply Tuesday, following Monday's surge that sent shock waves around the world.
Oil prices pull back, investors remain wary
Oil prices pulled back slightly during Asian trading hours Tuesday as investors continue to watch for fallout from the weekend's devastating attack on Saudi Arabia's crude production.
Investors are holding their noses and buying stocks
TINA (There Is No Alternative) has become a popular mantra on Wall Street.
Gas prices will climb following the Saudi attacks
American drivers have gotten used to relatively low gasoline prices. But that will probably change. Crude oil prices are rising after attacks on oil fields in Saudi Arabia over the weekend.
US oil prices had their biggest spike in a decade after Saudi attack disrupts global supply
Oil prices spiked Monday after a devastating attack on the heart of Saudi Arabian oil production over the weekend shocked markets and could disrupt the global supply of crude for some time.
America's energy boom can't stop oil prices from rising
The United States is in the middle of a major energy boom. But American shale producers can't quickly fill the supply gap left by this weekend's attacks on Saudi Arabia.
Attacks on Saudi plants disrupt 5% of world's oil production
Attacks on major oil plants in Saudi Arabia have shaken up global oil markets and complicated the already strained relations between the kingdom and its regional arch-rival Iran. Get up to speed fast here:
