Oil will climb to $90 by year-end: Goldman Sachs
Goldman Sachs Group Inc. raised its forecast for global crude oil prices due to supply disruptions in the Gulf of Mexico and signs of strengthening demand.
Gas supply and demand hitting prices, not ‘pandemic profiteers,’ as Biden claims
Gas prices are rising, and economics 101 explains why -- and it has little to do with "pandemic profiteers" say, experts.
Americans brace for utility bill sticker shock
Costs for oil, natural gas and electricity are climbing, creating a perfect storm for America's utility bills.
Aluminum prices soar in new construction headache
Soaring aluminum prices are among the things contributing to builders delaying projects.
Chevron commits $10 billion to low-carbon projects
Energy giant Chevron unveiled plans Tuesday to invest $10 billion toward low-carbon business initiatives through 2028 amid mounting pressure on producers to adopt climate-friendly practices.
Natural gas prices, supply signal expensive winter heating bills
Oil prices are not the only commodity climbing. Natural gas prices are surging and supplies are dwindling a lethal combo for that winter heating bill.
Cleanup boats on scene of large Gulf oil spill following Ida
The U.S. Coast Guard said Saturday that cleanup crews are responding to a sizable oil spill in the Gulf of Mexico following Hurricane Ida.
US loans Exxon refinery oil from emergency reserve in Ida's wake
U.S. Energy Secretary Jennifer Granholm on Thursday authorized the country's emergency oil reserve to loan 1.5 million barrels of crude to an Exxon Mobil refinery in Louisiana to relieve fuel disruptions in Hurricane Ida's wake.
OPEC drama threatens oil production promises
Ahead of OPEC's meeting, Kuwait is stirring the pot throwing into doubt promised production increases.
Gas prices dodge Hurricane Ida catastrophe
Gasoline prices rose slightly Monday after Hurricane Ida shuttered refineries along the U.S. Gulf Coast.
Tropical storm juices oil prices with Gulf of Mexico production hub at risk
Tropical Storm Ida could be a 'worst-case scenario' for Louisiana, Gulf Coast.
Taliban could reap fortune on crucial untapped treasure-trove of minerals
Economic implications of the Taliban takeover of Afghanistan are in focus as the country is home to a crucial, untapped treasure-trove of minerals and metals, including the important global commodity lithium, which is in high demand amid a chip shortage.
‘Flash recession' could hit markets by the fall
Markets are acting like the global economy is headed for a slowdown, according to Bank of America.
Oil rises but on track for 5% weekly drop amid Delta woes
Oil prices rose on Friday, pulling up from three-month lows, but they were still on track for a weekly loss of over 5% as new lockdowns in countries facing surging cases of the Delta variant dampened the outlook for fuel demand.
Oil prices tank to 3-month low
Oil prices fell to a three-month low Thursday as investors fretted over the resurgence of COVID-19 and the summer driving season nearing an end.
China, Iran swarm over Afghanistan commodities with US out
Afghanistan, while a poor nation, is sitting on trillions in natural resources, and China and Iran want a piece of the pie.
CME denies CBOE merger report
Derivatives exchange giant CME Group has forcefully denied a report that it is in talks to acquire smaller Cboe Global Markets.
Home Depot, Lowe’s share lumber crisis update
America’s biggest home-improvement chains say the lumber market is returning to normal after a period of extreme and record volatility.
Palantir buys $50M in gold bars
Palantir Technologies Inc. is investing in gold at a time when more U.S. companies are focusing their efforts on cryptocurrencies.
Biden sued by energy groups over leasing ban for drilling on federal lands and waters
Twelve energy industry trade groups have filed a lawsuit in Louisiana challenging the Biden administration’s pause on oil and natural gas leasing for drilling federal lands and waters.



















