Forget the Middle East. There’s an oil cartel in the U.S. that’s controlling the market and taking advantage of consumers, one critic told CNBC’s Liz Claman on “Morning Call.”
ConocoPhillips said it expects first-quarter results to be hurt by lower crude oil prices and production compared with the fourth quarter, but projects stronger natural gas prices and improved margins in its refining business.
Saudi Aramco, Exxon Mobil and Sinopec will invest $5 billion in their refinery, petrochemicals and marketing joint venture, much more than originally planned, they said on Friday.
If you come on Mad Money and try to bag Cramer's loyal viewers, don't expect the man to just sit there and take it. Future guests of Cramerica - consider yourselves warned.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Oil futures swung through a wide range, under pressure ahead of the April contract's expiration on Tuesday.
Today, Cramer gives Home Gamers five oil stocks worth buying. Here are his top two.
Think there are no oil plays? Dig deeper. As the industry giants look to grow their reserves, a few companies could strike it rich.
America's friendship with its No. 2 oil supplier, Mexico, has been strained by anti-immigration rhetoric; and the U.S.' No. 4 oil provider is Venezuela -- which just moved to nationalize the industry. Should Yanks be nervous about energy security? Two policy experts appeared on "Power Lunch" to weigh in on the issue.
Venezuela, which is pressing ahead quickly with a sweeping raft of nationalizations, has said it is seeking at least 60 percent of the projects that develop the tarry crude from the Caribbean country's east.
Exxon hits Wall Street and makes headlines but refiners are the real story. Texas-based Exxon Mobil sauntered up to the New York Stock Exchange for an analyst day and made big headlines when the company announced plans to spend $21 billion to find more oil. But...
Remember: This is a booyah-free zone! Cramer appreciates your enthusiasm, but he'll drop you like a bad habit if you break this simple rule. Just ask Joe from Georgia.
Stocks closed modestly lower as worries about a slowing economy stalled a modest rally led by bargain-hunters."The tug of war that's going on between the bulls and the bears is over the strength of the underlying economy and the strength of earnings," Quincy Krosby, Chief Investment Strategist at The Hartford, told CNBC.com.
If one of your co-workers won the Mega Millions and walked off into the sunset with $370 million, wouldn’t you hate their guts?
Exxon Mobil Chief Executive Rex Tillerson said Wednesday the company expects it will spend about $20 billion annually through the end of the decade to develop oil and natural gas projects.
After the market meltdown of last week, a number of investors fled to mega cap stocks such as Citigroup, Exxon Mobil and Wal-Mart, hoping the area would be a safe haven in the wake of the market meltdowns at the end of February, but huge companies with market caps of $200 billion or more did only marginally better than the overall market.
What many see as outrageous or obscene compensation for chief executive officers is back in the limelight after some high profile pay packages lately. The House Financial Services Committee Thursday holds a public hearing on the issue and the hue and cry about greed and abuse is bound to bounce off the walls of Congress. The contrarian view is that there is little or no direct link between pay and performance and coupling the two might be detrimental because CEOs would cut corners to boost their pay, eroding the company’s long-term prospects.
Hear what Cramer has to say about Ameritrade, Six Flags, ExxonMobil and more...
U.S. crude oil futures ended higher for the seventh session in a row on Thursday as gasoline futures rallied amid refinery snags and shrinking supplies.