CIO names oil firms to buy for long and short term

Energy stocks have had a mixed start to the year as ongoing geopolitical uncertainties and fluctuating oil prices continue to affect the sector. One chief investment officer, however, sees potential in oil, naming one immediate and one longer-term investment opportunity. “I think there is a big opportunity in geopolitics,” Jevons Global’s Kingsley Jones told CNBC’s … Read more

Australia oil and gas producers Woodside and Santos in merger talks

Bloomberg/Contributor | Bloomberg | Getty Images Shares of Australia’s Santos jumped to a five-week high on Friday, on news it’s in talks to merge with Woodside Energy. Santos and Woodside Energy, two of Australia’s largest oil and gas producers, have opened talks to discuss a potential merger in what could create a A$80 billion ($52 … Read more