Oil prices react to looming EU ban on Russian oil
Oil traded higher Wednesday morning, resuming an upward move following a 9% drop over the previous two sessions.
Occidental Petroleum posts quarterly profit as oil rises
It was a strong first quarter for Occidental Petroleum as higher oil prices helped the company post a profit.
Price spikes at the pump could 'fizzle out' after a few days: GasBuddy analyst
Patrick De Haan, head of petroleum analysis at GasBuddy, weighs in after gas prices hit new all-time highs.
Energy expert: Oil is a slow-reacting commodity
Mack Energy Corp VP of Public and Government Affairs Claire Chase discusses oil prices under Biden's energy policies and the Russia-Ukraine war.
Electric grid operators warn of potential summer blackouts
Energy experts and advocates are warning the closures of coal and nuclear power plants can't keep up with electricity demand, predicting summer blackouts.
States closing 'too many' coal, nuclear plants amid summer electricity blackouts
FOX Business' Jeff Flock speaks to Power the Future executive director Daniel Turner on the energy sector's concern that not enough new generation plants are being built to replace old ones.
Former oil exec predicts 'severe recession' given the commodity is used in 'every product in our life'
Former Cumberland Farms Gulf Oil Group CEO Joe Petrowski warned that a “severe recession” in the United States should be expected in the coming months.
Oil will hit over $150 a barrel by summer: Former Cumberland Farms Gulf Oil Group CEO
Joe Petrowski warns a 'severe recession' should be expected in the coming months.
Former oil exec forecasts 'severe recession' given dependence on the commodity
Joe Petrowski, former CEO of Cumberland Farms Gulf Oil Group, argues that West Texas Intermediate crude futures will trade over $150 a barrel by the end of the summer and the national average for gas will be over $6.
Thousands of Austin residents experience power outage during spring heat wave
Thousands of Austin residents were left without power for several hours over the weekend during a mid-spring heat wave in the latest sign that the Texas' capital is struggling to keep up with surging population growth.
California driving: Over a quarter of electric car-charging stations in Bay Area not working, study says
California is working to reduce its greenhouse gas emissions by "40% below 1990 levels by 2030," according to the California Air Resources Board.
Oil expert argues soaring prices a 'supply problem' caused by Dems
Canary CEO Dan Eberhart stresses the need for policies that support increased oil supply to alleviate prices at the pump.
Varney on stock market slide: Does anyone see a bottom?
In his latest "My Take," Monday, "Varney & Co." host Stuart Varney breaks down current inflation woes, warning viewers that we're moving 'closer to recession.'
Varney on inflation: Does anyone see a bottom?
'Varney & Co.' host Stuart Varney gives his 'my take' on inflation.
Consumers line up for cheap gas at Costco
Consumers have been turning to Costco for cheaper gas as inflation sits at 40-year highs.
Consumers turning to Costco for cheaper gas
Lipow Oil Associates President Andy Lipow explains how private drillers in the U.S. are stepping up amid record prices.
Russia looks to utilize Nord Stream 2 domestically to boost markets as Europe shuns oil
Russia is looking to ease strains to its market caused by massive international sanctions and gas boycotts by opening the Nord Stream 2 pipeline domestically.
Oil gains on supply concerns
Oil prices gained Friday morning on concerns about supply as the European Union prepares sanction on Russia, which would include an embargo on crude oil.
Oil analyst warns 'seeds of recession are sown' with higher crude prices, food inflation
The Schork Group principal Stephen Schork weighs in on the spike in diesel prices.
Shell posts record quarterly profit, lifted by energy price surge
Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices, stellar refining profits and the strong performance of its trading division.