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Beer demand stumbles as gas prices surge, data show

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A customer shops for beer in a supermarket in New York on Jan. 22, 2026.Charly Triballeau | AFP | Getty ImagesU.S. beer sales have...
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Behind Big Oil’s first-quarter beat: The quiet rise of trading desks

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An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city...
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The Iran war will change global energy markets in these important ways, oil executives say

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Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026. Stringer | ReutersThe world's energy system will change in big ways as a...
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Shell CEO says oil market is short nearly 1 billion barrels due to Iran war and the hole deepens every day

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The oil market faces a shortage of nearly one billion barrels that will only get worse every day the conflict in the Middle East...
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Oil giant Shell tops quarterly profit estimates as Iran war drives price surge

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The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas.Brandon Bell | Getty ImagesBritish energy major Shell...
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Even if an Iran deal calms energy markets, one oil stock can still stand out

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While the broader market grapples with geopolitical instability, Shell plc (SHEL), along with other large integrated oil companies, have benefited from higher oil prices and should...
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Engine trouble ahead? How the Strait of Hormuz standoff threatens luxury auto giants

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Ferrari SF90 XX Spider limited edition plug in hybrid supercar parked on the pavement as a red Ferrari passes on Bond Street on 4th...
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Shocking UAE exit rocks OPEC, but group will still hold significant sway over the oil market

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(This is CNBC's "Power Insider" newsletter, your inside look at the investments, people and companies powering the global energy industry. Click here to subscribe.)POWER...
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Oil giant Shell agrees to buy Canada’s ARC Resources for $16.4 billion

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The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas.Brandon Bell | Getty Images News | Getty ImagesBritish oil major...
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Oil giant BP suffers shareholder revolt over climate transparency at tense AGM

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LONDON — British energy major BP suffered a shareholder revolt at its annual general meeting on Thursday, following a tense clash with investors over...
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‘You’re an idiot’: Apollo CEO Marc Rowan has a word for lenders who can’t meet private credit fund redemptions

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Alternative investments giant Apollo Global Management has seen its stock swoon this year as a result of fears in the private credit market. At...
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BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

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British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.Nurphoto | Nurphoto | Getty ImagesBP's...
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