Why Beaten-Up Oil Stocks Have a Good Future
Renewables won’t take over for a while, the world’s population is expanding, and emerging economies are growing.
Renewables won’t take over for a while, the world’s population is expanding, and emerging economies are growing.
After the Lone Star State blacklisted the asset manager over a fossil fuels issue, the firm’s ESG-minded CEO offers big bucks to improve the state's power grid.
The amount of investment needed for this enormous task is $4 trillion yearly, but the effort is gearing up now.
Only to a minor degree, says LPL Financial—goods prices already are low, so there’s a cushion.
The asset manager is investing $550 million in a joint venture with the oil and gas giant’s 1PointFive subsidiary.
The industry will be needed to bridge the long transition to net-zero from now to 2050, JPM says.
Expect higher oil prices, but these likely will not be crippling, strategists say.
Nobody yet knows how to monetize artificial intelligence, BCA Research warns.
Receiving 6% of the oil behemoth’s equity, the fund has a long-term goal of diversifying the economy away from oil.
China’s reopening and worldwide lack of infrastructure for raw materials should power the revival, per the firm’s Jeff Currie.
Despite Fed uneasiness, higher pay isn’t really pushing inflation, per the firm’s David Kelly.
Crude prices leap as Saudi oil minister says cartel needs to cut back production.
Famed investor increases his stake in Occidental Petroleum.