Oil may take fresh beating this hurricane season
Hurricane season 2020 could be as severe as 2005 which included Katrina.
Trump administration cuts royalty rates for oil and gas
All royalty relief will be temporary and last a maximum of 60 days
Coronavirus has Con Edison bracing for expensive NYC summer
Here is how much electricity is going to cost New Yorkers in a coronavirus summer.
Money managers investing in defensive assets is counter-intuitive: Expert
Bahnsen Group CIO David Bahnsen discusses why investors shouldn't be so fast to follow everything money managers do as many of them are positioning themselves in defensive assets which is more about their career safety rather than their clients' portfolio safety.
Larry Kudlow: America seeing glimmers of economic hope
White House economic adviser Larry Kudlow says while this quarter is experiencing a pandemic contraction and America is still in a difficult economic position, he believes a safe reopening of the country will move the economy forward.
Gas to remain cheap during coronavirus as demand rebounds: US Energy secretary
Although some states have already kicked off re-openings, others have extended shutdowns, meaning the demand for fuel should remain at low levels.
Americans are benefiting from cheap oil: Energy secretary
Energy Secretary Dan Brouillette discusses the oil market and compares the low oil prices to tax cuts for the American people.
Big banks, oil showed an uptick in the market
FOX Business' Lauren Simonetti says while airlines and pharmaceuticals dipped on Thursday, many other sectors ended in the green after President Trump said the U.S. might have a coronavirus vaccine by the end of the year.
Markets are hopeful amid coronavirus: Expert
Nicholas Wealth Management president and founder David Nicholas says, without consumer confidence, the market will continue to lag.
FBI probes Mexican, European firms for trading gold, food for Venezuelan oil, sources say
Mexican and European countries are allegedly involved in Venezuelan oil in defiance of U.S. sanctions.
Energy, transportation, leisure stocks plummet over lack of optimism
FOX Business' Lauren Simonetti says economically sensitive stocks, including industrials and financials, were sharply lower on Wednesday.
Market stability important for coronavirus survival: US energy secretary
Energy Secretary Dan Brouillette discusses how the coronavirus has impacted the energy industry and its future and argues Americans will benefit from cheap gas prices as the country continues to reopen.
Trump approves Buffett-backed solar project near Las Vegas
The Trump administration has approved construction of the country's largest-ever solar installation.
Saudi Aramco may cut government payout amid oil plunge
Saudi oil giant Aramco may cut its dividend to the Saudi government, but is likely to maintain payouts to minority shareholders as a plunge in crude prices shrinks first-quarter profits, analysts said.
Nasdaq turned out to be the week's outperformer
FOX Business' Lauren Simonetti says the markets rallied on Friday, leaving small caps and the oil sector in the green.
Natural Gas no longer US crown jewel
Before the coronavirus hit, America was the number one natural gas producer in the world.
Regulators waive $200M fine on PG&E for causing deadly fires
California regulators on Thursday suspended a $200 million fine that Pacific Gas & Electric was supposed to pay as punishment for the utility's neglect of electrical equipment that ignited a series of deadly wildfires in Northern California.
Warburg Pincus explores sale of overseas energy assets
The U.S. investment firm, which has more than $54 billion in private equity assets under management, has committed or invested some $13 billion into energy over the last decade.
Hess posts quarterly loss, deepens spending cuts on coronavirus-fueled oil rout
Hess reported a quarterly loss Thursday after a coronavirus-induced drop in demand for oil and gas.
Despite coronavirus demand dip, cheap oil 'isn’t here to last’: OPIS analyst
OPIS energy analyst Tom Kloza argues oil prices will recover next year.