Oil and Gas
U.S. natural gas prices hit $6 for first time since 2022 amid massive winter storm
A worker shovels snow during a winter storm in Lower Manhattan in New York, US, on Sunday, Jan. 25, 2026. A colossal winter storm reached the US East Coast Sunday morning after dropping ice and snow across much of the nation, leaving hundreds of thousands of homes without power and causing a wave of flight […]
Read More
Russian strike on Ukraine’s Kyiv leaves 1,700 buildings still without heat, mayor says
Around 1,700 apartment buildings in the Ukrainian capital Kyiv were still without heating following a Russian missile and drone attack earlier this week, Kyiv Mayor Vitalii Klitschko said on Sunday. Moscow has sharply intensified bombardments of Ukraine’s energy system since it invaded its neighbor in 2022. Russia launched a vast attack on Ukraine’s energy system […]
Read More
Libya to sign 25-year oil deal with TotalEnergies and ConocoPhillips
A view of the pipelines at Zueitina oil terminal, in west of Benghazi, Libya February 3, 2020. Picture taken February 3, 2020. Esam Omran Al-fetori | Reuters Libya will sign a 25-year oil development agreement on Saturday with France’s TotalEnergies and U.S.-based ConocoPhillips, involving more than $20 billion in foreign-financed investment, Prime Minister Abdulhamid al-Dbeibah […]
Read More
What Trump’s renewed attack on Iran could mean for oil prices
US President Donald Trump speaks to reporters while in flight on Air Force One, traveling from Shannon, Ireland en route Joint Base Andrews in Maryland on January 22, 2026. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump’s warning that a U.S. “armada” is heading toward Iran has deepened concern of potential military […]
Read More
Top business leaders issue an expletive-laced message on the green backlash
The USA House is prepared ahead of the World Economic Forum on January 18, 2026 in Davos, Switzerland. The annual WEF meeting brings together leaders from government, business and civil society to discuss major global issues. This year’s edition is taking place from January 19 to 23. Elena Romanova | Getty Images News | Getty […]
Read More
India signs $3 billion LNG agreement with UAE, vows to double trade, as U.S. deal remains elusive
NEW DELHI, INDIA – JANUARY 19: (—-EDITORIAL USE ONLY – MANDATORY CREDIT – âPRESS INFORMATION BUREAU/ HANDOUT’ – NO MARKETING NO ADVERTISING CAMPAIGNS – DISTRIBUTED AS A SERVICE TO CLIENTS—-) Indian Prime Minister Narendra Modi welcomes United Arab Emirates (UAE) President Mohammed bin Zayed Al Nahyan in New Delhi, India on January 19, 2026. (Photo […]
Read More
Oil markets are being pulled in every direction. Here’s how market watchers are navigating it
Energy markets have been rocked by volatility in recent days, as investors weigh a violent crackdown on civil unrest in oil-rich Iran – and the response from Washington. The possibility of U.S. military action against Iran was only the latest geopolitical development in 2026 to concern traders, following the seizure of the president of Venezuela, […]
Read More
Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran
Oil prices fell 3% on Thursday after comments from U.S. President Donald Trump calmed fears that an American strike on Iran could be imminent. Brent crude oil futures, the global benchmark, dipped by 2.8%, or $1.87, to settle at $64.63 a barrel. Front-month West Texas Intermediate crude lost $1.79, or 2.9%, to trade at $60.23 […]
Read More
How activist investors plan to take on Big Oil at the 2026 AGM season
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images Dutch group Follow This on Wednesday launched a newly revised strategy to take on Big Oil at the upcoming proxy season, seeking to increase shareholder pressure on the financial sustainability of fossil […]
Read More
CNBC Daily Open: Worries over Iran and Fed independence weigh on markets
U.S. President Donald Trump visits a Ford production center in Dearborn, Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters U.S. President Donald Trump said in a Truth Social post on Tuesday that he had “cancelled all meetings with Iranian Officials,” and reiterated his support for protestors fueling one of the largest anti-government demonstrations in […]
Read More