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In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT Attorney Steven Donziger arrives for a court appearance at Daniel Patrick Moynihan United States Courthouse in Manhattan on May 10, 2021 in New York City. Michael M. Santiago | Getty Images The Supreme Court refused Monday to consider the appeal of a disbarred lawyer jailed

A new floating storage and regasification unit considered crucial to Italy’s energy independence arrived in Tuscany on March 19, 2023. The Golar Tundra project is a key part of Italy’s plan to reduce its reliance on Russian gas following the invasion of Ukraine. Filippo Monteforte | Afp | Getty Images Europe’s rapid buildout of liquefied

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 Thursday’s key moments. Stocks rise Thursday Citi upgrades Pioneer Macau data helps Wynn 1. Tech leads market higher All three major U.S. stock indexes rose Thursday, led by the technology-heavy Nasdaq , which

ACCRA, GHANA – On the afternoon of Dec. 26, 2022, Chris Maurice finally capitulated and went to the emergency room at Hospital Clinic de Barcelona, just west of the city’s gothic quarter. For roughly ten months, the 26-year-old CEO of the largest centralized crypto exchange in Africa had ignored many of the symptoms consistent with

The Club on Friday is updating five price targets for stocks in the portfolio to reflect recent developments at the companies and broader macroeconomic trends. We’re also adding a new stock to the bullpen, while reiterating our support for Morgan Stanley amid the recent upheaval in the banking sector. Meta We’re increasing our price target

The Club has taken a restrained approach to the oversold stock market in recent days, making only one purchase after an assertive buying spree the week prior. In a volatile market, investors’ best course of action sometimes is doing very little, or nothing at all. Our only buy this week came Monday. We scooped up

Goldman Sachs said in a research note Thursday the recent energy sector pullback should be viewed as a reason to buy since that strategy has worked well since late 2020. Thinking along those lines, we did add to one of our three oil exploration and production (E & P) stocks twice this month. However, we’re

Looking east to the Tracy Power Plant, a natural gas and oil-fired power plant owned and operated by Sierra Pacific Power, located near Interstate 80 and the Truckee River between Reno and Fernley, Nevada. Neil Gilham | Moment | Getty Images Nevada’s largest electricity provider has been approved for a $333 million project to develop

In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images The Securities and Exchange Commission issued crypto exchange Coinbase a Wells notice, warning the company that it identified potential violations of U.S.

Lindsay Lohan attends/performs during a photocall for “Speed The Plow” at Playhouse Theatre on September 30, 2014 in London, England. Tim P. Whitby | Getty Images The Securities and Exchange Commission has unveiled fraud and unregistered securities charges against crypto founder and Grenadian diplomat Justin Sun, alongside separate violations against the celebrity backers of his

Bill Ross | The Image Bank | Getty Images Brent oil prices logged losses Monday, dropping below $72 per barrel in intraday trade amid turmoil in the banking sector. The Brent contract with May delivery was trading at $71.64 per barrel at 11:00 London time, down by $1.33 per barrel from the Friday close. The

We’re buying 25 shares of Pioneer Natural Resources (PXD) at roughly $185 each. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 175 shares of PXD, increasing its weighting in the portfolio to 1.26% about from 1.09%. With oil prices and energy stocks under pressure in recent weeks — and the stock market in deep

Chinese President Xi Jinping speaks with Russian President Vladimir Putin as leaders gather for a family photo during the Belt and Road Forum on Yanqi Lake, outside Beijing, China, May 15, 2017. Damir Sagolj | Reuters China and Russia are taking center stage this week as both countries look to deepen ties just as a

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. Look for buying opportunities Buy Starbucks Watch Nvidia 1. Look for buying opportunities Stocks ticked largely higher to start the trading week Monday after UBS reached an agreement to buy

In this article BMW-DE RR.-GB Follow your favorite stocksCREATE FREE ACCOUNT Rolls-Royce has been working on a Micro-Reactor program “to develop technology that will provide power needed for humans to live and work on the Moon.” Lorenzo Di Cola | Nurphoto | Getty Images LONDON — The UK Space Agency said Friday it would back

We’re buying 50 shares of Emerson Electric (EMR) at roughly $80.54 and 130 shares of Halliburton (HAL) at roughly $30.20. Following Friday’s trades, Jim Cramer’s Charitable Trust will own 750 shares of EMR, increasing its weighting in the portfolio to 2.38% from 2.22% and 1,800 shares of HAL, increasing its weighting in the portfolio to about

A man in Tehran holds a local newspaper reporting on its front page the China-brokered deal between Iran and Saudi Arabia to restore ties, signed in Beijing the previous day, on March, 11 2023. Atta Kenare | Afp | Getty Images DUBAI, United Arab Emirates — When arch-rivals Saudi Arabia and Iran announced they were

Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance | Picture Alliance | Getty Images The International Energy Agency on Wednesday said Russia’s oil export revenues fell sharply in February, prompted by bans and price

Energy stocks were slammed Wednesday as U.S. oil prices plunged to their lowest levels since December 2021. The extent of the decline in West Texas Intermediate crude — down 5.5% to under $67 per barrel — seems overdone in an energy market that remains structurally undersupplied. However, we’re not ready to step in right here

In this article @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Oil production in Azerbaijan Vostok | Getty Images Oil prices fell sharply Wednesday, as traders feared a brewing banking crisis could dent global economic growth. West Texas Intermediate futures fell more than 5% to settle at $67.61 per barrel, reaching its lowest level since December

Wall Street mounted a relief rally Tuesday, following three straight sessions dominated by the woes of now-collapsed Silicon Valley Bank. Confronted with the ensuing spike in market volatility, we sought to be discerning with our Club portfolio and, eventually, opportunistic in stocks that we felt unreasonably sank. The S & P 500 climbed roughly 1%

The River Mersey is one of Europe’s most iconic waterways. On top of being a major hub for shipbuilding and industry, it’s been a source of inspiration for a host of writers, artists and musicians over the years. If all goes to plan, the Mersey could also play a major role in the U.K.’s sustainable

Climate activists gather to protest with demanding President Biden stop the Willow Project by unfurling a banner on the Lafayette Square in front of the White House on January 10, 2023 in Washington D.C. Celal Gunes | Anadolu Agency | Getty Images The Biden administration approved a major and controversial oil drilling plan in Alaska,

Nikolas Kokovlis | Nurphoto | Getty Images Silicon Valley Bank’s historic meltdown last week was largely attributed to deteriorating business conditions in the firm’s concentrated customer base and an ill-timed decision to invest billions of dollars in mortgage-backed securities. But long-time clients and others with intimate knowledge of how SVB operated say the bank did

The Aramco logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Saudi Arabia’s state-controlled oil giant Aramco on Sunday reported a record net income of $161.1 billion for 2022 — the largest annual profit ever achieved by an oil and gas company. Aramco said net income increased 46.5 percent over

“Alongside all industries, the oil and gas sector needs to up its game, do more and do it faster,” Abu Dhabi National Oil Company CEO Sultan al-Jaber said during a keynote speech at CERAWeek. Mark Felix | Afp | Getty Images The chief executive of one of the world’s biggest oil companies, who will lead

Protestors, including students, chant as they march through the streets of Paris, as thousands take to the streets across France and strike in protest at the French Government’s proposal to increase the retirement age in France from 62 to 64 on March 7, 2023 in Paris. A series of national rolling strikes is seeing workers

In this article GPJA Follow your favorite stocksCREATE FREE ACCOUNT Vogtle nuclear reactor 3 Source: Georgia Power For the first time in almost seven years, a new nuclear reactor has started up in the United States. On Monday, Georgia Power announced that the Vogtle nuclear reactor Unit 3 has started a nuclear reaction inside the

A man dressed in a thawb walks past Dassault Falcon executive jets, Dubai, United Arab Emirates Leonid Faerberg | Sopa Images | Lightrocket | Getty Images The organizers of the Investopia x Salt conference in Abu Dhabi — the brainchild of American financier and one-time White House press secretary Anthony Scaramucci and Dubai ruler Sheikh

In this article CVX OXY HES PXD PBFS Follow your favorite stocksCREATE FREE ACCOUNT 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 to Pioneer Natural Resources CEO Scott Sheffield. “We just don’t have

Wells Fargo (WFC) and Halliburton (HAL) headline a group of five dividend-paying Club stocks that are expected to post robust earnings growth this year. The bank and oilfield services firm jumped off the page in our latest screen of Jim Cramer’s Charitable Trust, the portfolio we use for the Club. We wanted to see which

China is recognized as the undisputable global leader in renewable energy expansion. Future Publishing | Future Publishing | Getty Images China is making rapid progress in scaling up clean energy, tentatively boosting hopes that the world’s largest carbon emitter could soon start to curb greenhouse gas pollution. A massive wave of permits for new coal-fired

In this article CVX OXY Follow your favorite stocksCREATE FREE ACCOUNT 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 production. While fossil fuels have the tailwind of the Russia-Ukraine war resetting energy policy