Binance’s Co-founder and CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on November 1, 2022. Nurphoto | Getty Images Binance’s VIP users were granted a set of special privileges, including an early heads-up from the crypto exchange if they were under investigation by law enforcement, according to the U.S. Treasury’s Financial Crimes
Environment
Gas prices at a Chevron gas station in Newhall, CA. Monday, September 18, 2023. The average price of a gallon of regular gas in Los Angeles County rose 4.8 cents today to $5.915, a day after increasing 13.6 cents. The average price has risen 52 times in the last 57 days, increasing 94.3 cents, according
An aerial view of Funafuti, Tuvalu, from 2019. Tuvalu’s Department of Foreign Affairs describes climate change as “one of the most existential security risks currently threatening” the country. Mario Tama | Getty Images News | Getty Images Australia and the South Pacific island nation of Tuvalu are to forge closer ties thanks to a new
Maxim Shemetov | Reuters Saudi state oil giant Aramco posted a 23% drop in net profit in the third quarter, down to $32.6 billion attributable to “the impact of lower crude oil prices and volumes sold,” the company said Tuesday. The third-quarter net profit result marked a steep decline from $42.4 billion the same time
Picture taken on May 3, 2022 shows a general view of Slovakia’s largest mineral oil refinery Slovnaft in Bratislava, Slovakia. Joe Klamar | Afp | Getty Images Record high oil prices could be on the horizon in the event of a conflagration of the ongoing Israel-Hamas war, the World Bank cautioned. Should the conflict expand
The BP logo is displayed outside a petrol station near Warmister, on August 15, 2022 in Wiltshire, England. Matt Cardy | Getty Images News | Getty Images LONDON — Oil major BP on Tuesday reported a steep year-on-year fall in profits, missing analyst estimates. The British energy giant logged underlying replacement cost profit, used as a
In an aerial view, the Valero Houston refinery seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Oil prices dipped even after Israel sent ground forces into the Gaza Strip, raising tensions in the Middle East, as investors closely monitor the U.S. Federal Reserve’s monetary policy meeting later this week. Global benchmark
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023. Amanda Perobelli | Reuters FTX founder Sam Bankman-Fried told jurors in his criminal trial on Friday that he didn’t commit fraud at his
In this article SEDG Follow your favorite stocksCREATE FREE ACCOUNT Solar panels at the ENGIE Sun Valley Solar project in Hill County, Texas, on March 1, 2023. Mark Felix | AFP | Getty Images Solar stocks tumbled on Friday after solar product manufacturer SolarEdge warned that demand in Europe has significantly weakened, furthering battering sentiment
A police officer speaks to Swedish climate activist Greta Thunberg moments before she was arrested outside the InterContinental London Park Lane during the “Oily Money Out” demonstration organised by Fossil Free London and Greenpeace on the sidelines of the opening day of the Energy Intelligence Forum 2023 in London on October 17, 2023. Henry Nicholls
In this article @CL.1 XOM PXD Follow your favorite stocksCREATE FREE ACCOUNT Workers connect drill bits and drill collars used to extract oil in the Permian basin outside of Midland, Texas. Brittany Sowacke | Bloomberg | Getty Images After three and a half years, a tripling in the S&P 500 Energy Index, and many soon-to-be-forgotten
Bloomberg | Getty Images Oil prices on Friday rose 4% after the U.S. tightened sanctions against Russian crude exports, exacerbating supply concerns in an already tightly balanced energy market. International benchmark Brent crude futures with December expiry traded 3.9% higher at $89.34 per barrel at around 6:25 a.m. ET, while front-month November U.S. West Texas
Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images The International Monetary Fund has raised its growth forecast for India, saying the country’s growth will remain strong in 2023 and 2024 — but analysts warn there will be headwinds
In this article XOM PXD Follow your favorite stocksCREATE FREE ACCOUNT Scott Sheffield, CEO of Pioneer Natural Resources. Adam Jeffery | CNBC Pioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot higher if Iran gets involved in Hamas‘ war on Israel. “If Iran enters the war, we’re going to see much higher oil prices,
Workers install solar panels during the completion phase of a 4-acre solar rooftop atop AltaSea’s research and development facility at the Port of Los Angeles, in the San Pedro neighborhood, on April 21, 2023 in Los Angeles, California. Mario Tama | Getty Images California Gov. Gavin Newsom on Saturday gave the greenlight for the state’s
Tensions in the Mideast are as high as they’ve been in recent memory after Saturday’s invasion of Israel and the massacre of its citizens by the terrorist group Hamas. The deadliest attack on Israel in a half-century sparked volatility in financial markets and could have ripple effects for investors around the world depending on what
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. Peter Boer | Bloomberg | Getty Images A project described as the “world’s largest offshore wind farm” took a major step forward over the weekend after producing its first power. Located off the coast of northeast England in the North Sea, the Dogger
Lights illuminate the processing plant at the Persian Gulf Star Co. (PGSPC) gas condensate refinery in Bandar Abbas, Iran, on Wednesday, Jan. 9. 2019. Bloomberg | Bloomberg | Getty Images Oil prices jumped 4% as the Israel-Hamas conflict extended into its third day following a surprise attack on Israel by Palestinian militants Hamas. Global benchmark
Children are seen in a destroyed house after Israeli attacks in Gaza City, Gaza on October 07, 2023. Mustafa Hassona | Anadolu Agency | Getty Images From being labeled “Israel’s 9/11,” to the culmination of a “50-year time bomb,” political analysts are reacting to the Israel-Hamas conflict and contemplating what happens next as the fighting
Oil and natural gas prices traveled divergent paths this week, resulting in a mixed picture for the Club stocks Coterra Energy (CTRA) and Pioneer Natural Resources (PXD). Fresh off robust third-quarter gains, crude has tumbled in recent days, sending the U.S. oil benchmark West Texas Intermediate and global oil standard Brent prices to their lowest
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