Spencer Kimball

The OPEC talks have run into trouble due to Saudi dissatisfaction with other members’ production levels, delegates told Bloomberg.

Gas prices have fallen for nine weeks now on a seasonal weakening of demand and a drop in crude oil prices.

The bearish narrative is driven by worries that supply is increasing as demand threatens to slow in the U.S. and China.

The U.S. reported that crude inventories rose by 3.6 million barrels last week while production held steady at a record 13.2 million barrels per day.

Solar stocks could stage a comeback in the second half of 2024 but the recovery depends in large part on what the Federal Reserves does on interest rates.

Exxon aims to supply enough of lithium to support the manufacture of 1 million electric vehicles by 2030.

The discovery of the largest unconventional deposit of rare earth elements at a Wyoming coal mine owned by Ramaco Resources could be a boon to the industry.

Brent and U.S. crude futures were trading slightly higher Friday as the markets try to settle on a price that balances demand and war fears.

The bank upgraded the stock to buy from neutral and raised its price target to $26 per share from $24.

Crude prices are responding to concerns that the global economy is slowing as China’s exports continue to fall and U.S. oil consumption softens.