Oil set to end turbulent 2022 higher
U.S. West Intermediate crude is heading toward posting a second straight annual gain, rising 4.5% in 2022.
‘Bering Sea Gold’ star Emily Riedel, a former opera singer, reflects on building an unlikely empire in Nome
Emily Riedel, dredge captain and star of Discovery Channel's "Bering Sea Gold," is the sole female captain of The Eroica, in Nome, Alaska. She originally studied music before hunting for gold.
Mark Cuban weighs in on gold and bitcoin, says both 'a store of value'
Billionaire Mark Cuban offered his thoughts on gold and bitcoin in an upcoming podcast episode with Bill Maher, saying they both are both a "store of value."
Oil prices are up, are refinery shutdowns to blame?
A winter storm over a large swath of the U.S. is being blamed for oil refinery shutdown in Houston and spiking crude prices
OPEC+ eyes output increase ahead of restrictions on Russian oil
Another factor driving discussion around raising output: Two big OPEC members, Iraq and the United Arab Emirates, want to pump more oil, OPEC delegates said.
BHP, world’s top miner, nears biggest acquisition in a decade
BHP predicts that demand for copper – an excellent conductor of electricity and has wide-ranging uses including in construction and electronics – will double in the next three decades.
Diesel hits record premium over gas, oil
Diesel used in trucks, in homes, and to fuel powerplants has skyrocketed in price as the Jones Act, the pandemic, and Russia's War in Ukraine all disrupt supply.
Oil market faces ‘considerable uncertainties,’ OPEC warns
OPEC lowered its forecast for global oil demand growth this year by 100,000 barrels a day to 2.5 million barrels a day. It also lowered its 2023 demand growth forecast.
Diamond trading firm crafts gemstones into a commodity
Diamond Standard hopes their product, a diamond coin and bar, and its use of ETFs and blockchain will help stabilize and democratize the diamond market.
OPEC+ meeting may consider output cut this week: report
Members of the OPEC+ group of oil producers will meet this week in Vienna to consider a production cut of 1 million barrels a day.
Exxon CEO warns Biden administration against limiting fuel exports
Exxon Mobil CEO Darren Woods is pushing back against Energy Secretary Jennifer Granholm's and the Biden Administration's misguided energy and trade policies.
Gasoline prices rise for a fifth straight day
Gas prices have now increased for five straight days, following a slow decline for nearly 100 days.
Electric-car demand pushes lithium prices to records
Prices for lithium intensifies a race between auto makers to lock up supplies as electric vehicle demand surges in the United States as well as China.
Germany's Uniper to restart coal-fired power plant as Gazprom halts supply to Europe
Russia's attack on German energy leads to a return of the use of coal. Coal creates more carbon emissions than natural gas causing environmental damage.
Inflation law tax credits to brighten platinum prices
The Inflation Reduction Act recently signed by President Biden is expected to bolster platinum prices through clean vehicle tax credits and incentives for green hydrogen.
Oil inventories lowest since ’85 bad omen for winter
Inventories of oil, gas, and just about every petroleum-related supply are below where they should be for a healthy and sustainable U.S. economy.
Builders 'pulling back' amid housing market uncertainty despite falling lumber prices: Industry insider
The owner of Jaeger Lumber & Supply Co. in New Jersey, Bryan Jaeger, provided insight into trends he has been noticing as the price of lumber has dropped.
Turkey, Russia reach framework on shipping Ukrainian wheat this month: Exclusive
Valuable wheat stuck in Ukraine may soon be on a ship, according to a new timetable obtained exclusively by FOX Business.
Thursday's trading: 5 things to know
The key events taking place on Thursday that could impact trading include shares of GameStop after the company announced a stocks split and the latest jobless figures.
First oil sales on public land under Biden net $22 million from energy companies
The U.S. government held its first onshore oil and gas sales from public lands since President Biden took office, bringing in $22 million on the rights for 110 square miles.