Tag: Christopher Wright
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Big Oil earnings are set to surge. Why investors may want to be cautious
Big Oil earnings are coming. Why guidance could matter most and why the the charts suggest investors should be cautious.
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Trump administration may let more Russian diesel onto market, energy secretary tells CNBC
The diesel volumes in the Trump-Putin deal won’t materially lower prices because the shipments are small compared to total demand, analysts say.
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U.S. to lend $4.2 billion to Vistra to boost nuclear power output, source says
U.S. Energy Secretary Chris Wright will announce the loan on Monday at Vistra’s nuclear plant along Lake Erie in Ohio, a source told Reuters.
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CNBC Daily Open: Potential diesel ban, Pentagon’s warfare initiative and Google’s latest AI model
U.S. President Donald Trump’s comments that he is still “thinking about” a diesel export ban has raised worries that U.S. energy prices may rise further.
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Big business warns Trump against diesel export ban in joint letter
The national average for a gallon of diesel reached $6.51 on Thursday, nearly $3 more than the same period a year ago, according to data from AAA.
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CNBC Daily Open: The Fed rate hikes might not be one-and-done
The Federal Reserve waited three years to raise interest rates, but it may not wait nearly as long to do so again.
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Oil falls as U.S. crude inventories reportedly rise, traders weigh Saudi pipeline closure
Oil fell Wednesday, as an unexpected increase in U.S. crude inventories outweighed worries over supply disruptions after an Iran-backed attack on Saudi Arabia’s East-West pipeline.
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Saudi pipeline closure is a brief interruption that will last days, U.S. Energy Secretary tells CNBC
The Saudis closed the East-West pipeline after it sustained damage in a drone attack launched from Iraq.
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Trump administration repeals Biden era greenhouse gas requirements for power plants
President Donald Trump has systemically dismantled regulations implemented by the Obama and Biden administrations that sought to fight climate change.
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Apple’s foldable phone, Macy’s earnings, Treasury buybacks and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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