Energy

• The world's energy system is 'no longer fit for purpose,' says energy council chief
  07 June 2023
  The council's most recent report forecasts that around half of the global energy system will still not be electrified by 2050.
• Oil giant Shell's UK ad campaign banned for being 'likely to mislead' consumers
  07 June 2023
  Campaign group AdFree Cities said the ruling "sends a powerful message" to energy companies that greenwashing ad campaigns would no longer be tolerated.
• Cramer urges patience with the market: 'It doesn't make a lot of sense to get in after the run'
  05 June 2023
  The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
• Erdogan's new pick for Turkish finance minister has markets hoping for economic orthodoxy
  05 June 2023
  Turkey's monetary policy currently places an emphasis on the pursuit of growth and export competition rather than taming inflation.
• Oil prices rise after Saudi Arabia pledges more voluntary production cuts
  05 June 2023
  The world's top oil exporter Saudi Arabia announced further voluntary output cuts which will be implemented from July.
• Saudi energy minister defends voluntary oil cuts as precautionary
  04 June 2023
  The OPEC+ producers' alliance on Sunday agreed to stick to its production targets for 2023 and introduced limits for next year.
• OPEC+ sticks to 2023 oil production targets as Saudi Arabia announces further voluntary cuts
  04 June 2023
  OPEC+ ministers met on Sunday to agree further oil production policy steps amid depressed oil prices.
• How Ford, GM auto dealers are thinking about Detroit's EV transition and their future
  05 June 2023
  As GM and Ford push the EV transition, local dealership owners are a key to selling the shift to car buyers.
• OPEC+ prepares for weekend meeting after Saudi warns speculators to 'watch out'
  04 June 2023
  Saudi energy minister Prince Abdulaziz bin Salman has urged oil market speculators to "watch out."
• OPEC excludes some WSJ, Reuters and Bloomberg reporters from meeting
  01 June 2023
  The OPEC+ alliance meets to discuss further production policy steps in Vienna over June 3-4.