A long-awaited rally in crude oil prices has helped the Club’s three oil-and-gas companies become some of our top-performing stocks over the past month. And with new signs the commodity could continue to rally this year, we’re sitting tight on our energy holdings. Brent crude, the global oil benchmark, and West Texas Intermediate crude, the U.S. oil standard, have both climbed by more than 10% since late June. Brent was up roughly 1% Thursday, at nearly $80 a barrel. WTI was trading up 0.72%, at more than $83 a barrel. Energy stocks linked to crude — including Club names Halliburton (HAL), Coterra Energy (CTRA) and Pioneer Natural Resources (PXD) — have risen on oil’s fortunes. Shares of Halliburton have climbed roughly 18%, while Coterra and Pioneer have advanced about 12% and 10%, respectively, since crude’s most-recent bottom in late June. Troubled pharmaceutical firm Bausch Health (BHC) has been the top-performing Club stock during that same stretch, advancing nearly 28%. “This was a move that many have expected to occur all year,” TD Cowen energy analyst Jason Gabelman said of crude’s recent rise. “A lot of investors, I think, have been … somewhat disappointed on oil being rangebound for the past few months in the low-to-mid $70s,” Gabelman told CNBC. Among the biggest drivers of the momentum has been signs that previously pledged production cuts from Saudi Arabia and Russia are finally taking hold, analysts widely said, helping address concerns investors had about excessive supply in the market. Russian production, in particular, has exceeded expectations throughout the year. But last week, nationwide crude shipments in Russia stood at 2.73 million barrels a day, down 1.48 million barrels per day from their late-April peak, according to data compiled by Bloomberg . Economic data also suggests oil demand is proving more resilient than investors initially expected, said Truist’s Neal Dingmann. “Not to say we’re certainly out of the woods on inflation or a recession,” Dingmann told CNBC, “but the picture is much better for some type of growth, even very minimal.” Mizuho analyst Nitin Kumar – who covers Coterra and Pioneer and has a buy rating on both stocks – said he believes the setup for crude prices remains solid throughout the second half of 2023. While the potential for a demand-destroying recession remains a big wildcard, Kumar said there’s a lot to be encouraged by on the supply side. The Organization of Petroleum Exporting Countries and its oil-producing allies, collectively known as OPEC+, has shown discipline on production and been willing to take action designed to shore up prices , Kumar said, even if the market has, at times, shrugged off such decisions . Saudi Arabia is the de-facto head of the OPEC cartel and Russia is the group’s largest partner producer. Saudi Arabia, Russia and the U.S. are the world’s three-largest oil producers. U.S. producers also have shown restraint, Kumar told CNBC, with domestic crude production hovering around 12.3 million barrels per day all year . Moreover, a year-over-year drop in U.S. rig counts points to “a bit of a decline in oil production” down the road, Kumar said. As of July 21, the number of active U.S. oil rigs stood at 530, according to Baker Hughes, down 11.5% from the same period in 2022. Taken together, Kumar said, “globally, except for a recession, you should be in an undersupplied scenario for the second half.” Others on Wall Street, including analysts at Goldman Sachs , also expect demand to outpace supply in the third and fourth quarters, supporting higher prices. In theory, when commodity prices are higher, our energy holdings can generate more free cash flow. And that money can be used to pay dividends and repurchase stock, a key reason we’re invested in the sector. That dynamic was on display last week, when Halliburton – our largest oil-and-gas holding, carrying a 2.1% weighting in the portfolio, as of Wednesday – reported better-than-expected free cash flow in the second quarter. While we locked in a small profit on Halliburton in mid-July , the company’s execution in the second quarter certainly pleased us. As an oilfield-services firm, Halliburton is a play on drilling activity. Pioneer and Coterra are set to report their second-quarter results on Aug. 1 and Aug. 7, respectively. On metrics such as revenue, earnings and cash flow, exploration-and-production (E & P) companies face difficult year-over-year comparisons. For most of the second quarter in 2022, crude prices were north of $100 per barrel amid shocks from geopolitical risks like Russia’s invasion of Ukraine — and subsequent Western sanctions on Russia oil sales — in February of that year. Against this backdrop, energy investors will be closely watching how companies’ well productivity stacks up versus last year, according to Truist’s Dingmann, who maintains hold ratings on Pioneer and Coterra. Management commentary on service-cost inflation is another area of focus, Dingmann said. If those costs continue to moderate, E & P firms should eventually see relief on their capital expenditures, assuming production plans are held constant. The Club’s take Our investment thesis in Pioneer has been rooted in its low production costs and high-quality acreage in the Permian Basin in western Texas and southeastern New Mexico. For Coterra, we continue to like its mix of oil-and-natural gas revenues — split roughly 50-50. Coterra’s exposure to natural gas bodes well long term, despite prices being down sharply from their 2022 peaks, because the U.S. is adding export capacity for liquified natural gas. Coterra is well-positioned to benefit as additional LNG facilities come online in 2024 and beyond . The bottom line is the oil rally may just be getting started — and, if that’s the case, our stocks linked to the commodity could see additional gains ahead. (Jim Cramer’s Charitable Trust is long CTRA, HAL and PXD. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
Oil rig and pump of H&P Rig 488 in Stanton, Texas, on June 8, 2023.
Suzanne Cordeiro | AFP | Getty Images
A long-awaited rally in crude oil prices has helped the Club’s three oil-and-gas companies become some of our top-performing stocks over the past month. And with new signs the commodity could continue to rally this year, we’re sitting tight on our energy holdings.
The Mercedes GLB EV will be here in less than a month. With its debut just around the corner, Mercedes offered a first look at the new GLB EV’s interior, and yes, it’s loaded with massive screens.
First look at the new Mercedes GLB EV interior
Mercedes is putting the new electric GLB through the paces at the Mercedes Technology Center (MTC) in Singlefingen, Germany, ahead of its world premiere on December 8.
The testing is conducted in wind tunnels that range in temperature from -40 to 104 degrees Fahrenheit. Meanwhile, snow cannons shoot various types of snow while high-powered fans generate winds up to 124 mph, simulating fierce blizzard conditions.
Although it’s covered in snow, you can still see that the new EV version maintains a similar boxy design to the current gas-powered GLB.
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If you look a little closer, it appears to have a larger grille design, like the new GLC EV, which Mercedes said “redefines” the face of the brand.
Mercedes also unveiled the new GLB EV’s interior for the first time, which looks pretty similar to the GLC’s. The optional floating MBUX Superscreen is the highlight, extending the entire width of the dash.
The new Mercedes GLB EV during cold-weather testing (Source: Mercedes-Benz)
It also features Mercedes’ new multifunction steering wheel, which reintroduces a rocker switch for the cruise control.
Another new feature is the concave door handle design, which features a floating center panel that opens a storage space. The center console has a similar design, offering an optional wireless charging cradle and cup holders.
The interior of the new Mercedes GLB EV (Source: Mercedes-Benz)
Mercedes said the new SUV offers “noticeably more headroom for first and second row occupants” compared to its predecessor. It will offer standard seating for five, with the option to add a third row for seven.
According to Mercedes, the new GLB takes “interior climate comfort” to the next level. For example, the climate control heats up twice as fast as its predecessor during a 20-minute drive at 19 degrees Fahrenheit. Mercedes said that since it only requires half the energy of the current GLB, it helps maximize range.
We will learn more about the Mercedes GLB EV on December 8. Check back soon for updates.
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Save hundreds in early Black Friday/Singles’ Day savings on Segway EVs to upgrade your commute, starting from $150
Segway has officially kicked off its early Black Friday Sale that will also coincide with Singles’ Day, giving lone riders a great opportunity at hundreds in savings on the brand’s select lineup of e-scooters and accessories. One such notable deal is the E2 Pro Electric Scooter that is dropping to $379.99 shipped, and also matching at Amazon. While it carries a $600 MSRP direct from the brand’s website, you’ll more often find it posted up at $500 in full over at Amazon, with most of the discounts we’ve seen over 2025 having kept costs above $400, save for the few drops to $330 we saw earlier in the year. During these early holiday promotions, you can score it at the second-best price we have tracked, giving you $120 off the going rate and $220 off the MSRP. Head below to browse the full lineup of Segway’s early Black Friday deals.
A great commuter for folks who don’t want to shell out too much money, but still want one of the more premium brands supporting them through travels around town, the Segway E2 Pro electric scooter has you covered for up to 21.7 miles on a single charge, thanks to the 275Wh battery. That battery runs the 750W motor and rear-wheel drive system, with enough power to handle up to 18% inclines while giving you top speeds of 15.5 MPH.
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One notable inclusion here is the Apple Find My integration for greater security, allowing you to keep track of your scooter and hunt it down in case of theft, which has been needed for such models that utilize push-button starts without keys. Your riding experience will also benefit from the front and rear turn signals, anti-skid traction control, 10-inch air-leakage-proof tubeless tires, 2.8-inch integrated LED dashboard for setting adjustments, and more.
Score up to $1,082 in exclusive savings on nine refurbished Anker SOLIX units at new lows starting from $112
We’ve secured a collection of nine exclusive deals on refurbished Anker SOLIX power stations and solar panels from Welbots, which provide up to $1,082 in total savings and even give our readers some new low prices on these units. The largest of these deals is on the Anker SOLIX F3800 Portable Power Station down at $1,597.07 shipped, after using the exclusive code 9TO5RBANK6 for an additional 6% savings. The deal on this renewed unit starts with a drop from $2,679 to $1,699, and the exclusive code cuts another $102 off the tag. Last month, we secured similar deals that only took costs down to $1,709, with that rate beaten here by the combined 40% markdown that lands it lower than ever to the best new price we have tracked.
Jackery’s new Explorer 240D 256Wh compact power station returns to $139 low for Singles’ Day, more from $176
By way of its official Amazon storefront, Jackery is offering its new Explorer 240D Portable Power Station at $138.99 shipped, beating out the brand’s direct website pricing by $70. This new model hit the market at the tail end of September with a full $209 price tag, with its initial launch deals to this rate holding on through Prime Day, before keeping above $149 with discounts in the time since. Today’s deal brings you another opportunity to jump on it at the best price we have tracked, saving you $70 in the process. You’ll also find a few bundle options available at discounted rates, too, like the station with a 40W mini solar panel at its lowest rate of $217.54 shipped.
Worx’s 40V 14-inch cordless mower with adaptable Intellicut feature at new $129 low for Singles’ Day
Amazon is now offering the best price yet on the Worx 40V 14-inch 2-in-1 Cordless intellicut Lawn Mower with two 4.0Ah batteries for $129 shipped during Singles’ Day, which has been going strong for us for 2.5 years now, and currently beats out the brand’s direct website pricing by $61. It may carry a $300 MSRP direct from Worx, but at Amazon we’ve been seeing it down at $220 and more recently $199 for long stretches, with discounts having taken things as low as $165 this year. While this deal continues, you’re looking at a total $171 off the MSRP that lands it lower than ever for the best price we have tracked in its history, making it quite the Singles’ Day steal for homeowners and renters who need a means to keep their lawns maintained without running up a significant bill.
Amazon is offering the DEWALT 20V MAX Cordless 6-Tool Combo Kit with two 5.0Ah batteries at $729 shipped, which matches the price we’re seeing from Home Depot. It’s coming down from $1,049 here, and beats out all the discounts we’ve seen during 2025 from Amazon, which mostly kept costs above $815, except for the one-time and short-lived drop to $799. While we have seen it only beaten by the $649 low in the past, you’re still looking at the best price of the last few years, with $320 cut from the tag for the second-best overall price that we have tracked at Amazon.
Lectric XP4 Standard Folding Utility e-bikes with $326 bundle: $999 (Reg. $1,325)
Lectric XP Lite 2.0 Long-Range e-bikes with $449 bundles: $999 (Reg. $1,448)
Heybike Hauler Single-Battery Cargo e-bike (new low): $899 (Reg. $1,413)
Best new Green Deals landing this week
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
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We’re now two months out from the end of the $7,500 federal EV tax credit on September 30, and there are still solid deals to be had on some pretty spiffy EVs. In fact, three of our top five November specials are cheaper than what was offered in September, and two come with home EV chargers and free installation. Here are November’s top 5 EV lease deals, as spotted by our friends at CarsDirect.
Photo: Hyundai
2025 Hyundai IONIQ 5 lease from $189/month
The updated 2025 Hyundai IONIQ 5 SE RWD Standard Range is still a standout EV lease deal, holding steady even after the end of the federal EV tax credit and new import tariffs. Through December 1, you can lease one for $189 a month for 36 months (10,000 miles per year) with $3,999 due at signing. That works out to an effective monthly cost of about $300.
The price bump is far smaller than many expected, especially considering Hyundai’s $17,000 in lease cash. And if you’re tempted by an upgrade, the SEL RWD trim is just $50 more per month under the same terms. You’ll get a model that’s roughly $7,000 more in value and $18,750 in savings. The IONIQ 5 SE RWD Standard Range offers an EPA-estimated 245 miles of range, and this particular offer is available in the Los Angeles and greater California metro areas.
The 2025 Hyundai IONIQ 6 SE RWD Standard Range is tied with the IONIQ 5 for the most affordable EV lease deal this month, offering standout value even after the federal EV tax credit era. In the California metro area, you can lease it for $189 per month for 36 months (10,000 miles per year) with $3,999 due at signing, and Hyundai is sweetening the deal with $13,000 in lease cash.
That brings the effective monthly cost to around $300. With an EPA-estimated 240 miles of range, 149 horsepower, fast-charging capabilities, and a sleek, distinctive design, the IONIQ 6 remains a fan favorite. This offer is valid through December 1.
The 2025 Ford Mustang Mach-E Select RWD with Package 100A is offering bigger savings this month, making it an even stronger pick for EV shoppers. Known for its premium design and an EPA-estimated 300 miles of range, the Mach-E remains a favorite among drivers who want style and substance.
You can now lease it for $219 per month for 24 months (10,500 miles per year), with a down payment of $4,499 due at signing. That’s $20 less per month than the September advertised deal, although the term is shorter. With an effective monthly cost of around $406, it’s only $45 more than before the tax credit ended.
The offer includes $6,750 in lease cash for qualified lessees, plus a free Ford Charging Station Pro with complimentary home installation – a rare perk. If you already have a home charger, you can opt for an additional $2,000 in bonus cash instead. This deal is currently available in California through January 5, 2026.
Until January 5, the 2025 Honda Prologue, with a 308-mile range, can be leased for $239 a month for 36 months (10,000 miles) and $1,199 due at signing in Connecticut, Massachusetts, and Maryland. That means the Prologue has an effective monthly cost of $272, making it a great value.
For those in California and other CARB-emission states, you can lease for $279 for 36 months (10,000 miles) and $1,299 due at signing, resulting in an effective monthly cost of $315. This was the best-priced lease deal before the new East Coast three-state offer.
The price includes a $3,300 loyalty discount or conquest cash, available only to those currently leasing a Honda or planning to switch from another manufacturer in select states. If you aren’t living in California, Florida, New York, or other select states, you’re still eligible for a bonus of $2,000.
These bonuses are stackable with the $5,000 dealer cash, $8,250 Honda lease cash, and a $1,500 additional lease bonus, which replaces the $7,500 tax credit.
You can now lease a 2025 Ford F-150 Lightning 4×4 Super Crew XLT w/ Pkg 311A for a low monthly payment of $279 for 36 months (10,500 miles) and $6,729 due at signing. With an MSRP of $65,190, that makes the effective monthly cost of $466. It has an EPA-estimated range of 240 miles and 452 hp.
That’s $23 less a month than the advertised September lease deal with the federal tax credit. The offer includes $9,500 in lease cash and, like the Mach-e, a complimentary home EV charger and installation or an additional $2,000 in savings. This offer is available in California through January 5, 2026.
The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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