Grant Smith

Grant Smith

September 12, 2022 | Daily Business Review

Fuel-Shortage Risks Make Investors Bullish on Energy Stocks

Energy stocks are one of the rare bright spots in the world's equity markets, with an index of energy companies in the S&P 500 rallying more than 40% so far this year as profits surged along with oil and gas prices.

By Nour Al Ali and Grant Smith

6 minute read

October 23, 2008 | Daily Report Online

OPEC countries split on cuts as economies reel, oil drops

OPEC, founded five decades ago to unify oil producers, risks dividing members as the group plans to cut output and raise prices just as developed nations face their worst recession since 1983. Iran's energy minister, Gholamhossein Nozari, said Tuesday that OPEC may slash output quotas by 2.5 million barrels a day, or 8.

By Grant Smith and Margot Habiby

6 minute read