Oil choppy following new Russian sanctions proposal
Oil prices were choppy Thursday morning after a European Union proposal for new sanctions against Russia included an embargo on crude in six months.
EU chief calls for ban on Russian oil imports by end of 2022
The EU's top official want's Russian oil imports ended by the close of 2022.
Oil prices rise 3% on supply concerns
Oil prices rose Wednesday morning following a drawdown in U.S. crude and fuel stockpiles and concerns about slowing demand from China.
Stuart Varney: This inflation indicator is flashing a ‘danger signal’
FOX Business host Stuart Varney argues diesel is 'a baseline cost for any enterprise.'
World shares, oil decline as EU energy ministers to meet
Global shares fell Monday and U.S. futures advanced as European energy ministers were set to meet Monday to discuss Russian energy supply and sanctions.
Fox Business Flash top headlines for May 2
Check out what's clicking on FoxBusiness.com.
Versant Power is installing more than 100,000 smart meters
Versant Power, Maine's second-largest electric utility, is replacing more than 100,000 electric meters for homes and small- to medium-sized businesses.
Newsom mulls keeping California's last nuclear power plant open amid green energy woes
California Gov. Gavin Newsom said the state will submit an application for a piece of the Biden administration’s $6 billion in funding to potentially keep the PG&E- owned Diablo Canyon Nuclear Power Plant located between San Francisco and Los Angeles open past a planned closing by 2025.
EU leans toward Russian oil ban by year's end, diplomats say
The European Union is said to be leaning toward a Russian oil ban by the end of the year.
Berkshire Hathaway boosts bet on oil ahead of shareholder meeting, makes Chevron 4th-largest investment
Berkshire Hathaway has bet big on oil and gas by investing around $40 billion into Occidental and Chevron together.
European Union likely to approve Russian oil embargo next week: report
European Union countries next week are likely to approve a phased embargo on Russian oil, dealing a significant economic blow to Moscow over its invasion of Ukraine, The New York Times is reporting.
Oil 'takes time' to bring to market: Energy expert
EQT Corporation CEO Toby Rice says Democrats and the Biden administration can do a 'number of things' to help U.S. oil producers bring product to the market even quicker.
US should be taking the lead in energy exports: Rep. Markwayne Mullin
Rep. Markwayne Mullin, R-Okla., weighs in on Europe’s dependency on Russian oil.
Putin has Europe on a ‘rope’: Rep. Markwayne Mullin
Rep. Markwayne Mullin, R-Okla., weighs in on Europe’s dependency on Russian oil.
US crude oil on track for five straight months of gains
Oil prices were trading higher Friday morning as the outlook for demand is still a concern due to China's COVID-19 lockdowns.
National security expert: Biden must revive Trump’s 'energy dominance' to put Putin in his place
Foreign policy expert and former Trump adviser K.T. McFarland says Trump's strategy for global “energy dominance” made Putin too weak to invade Ukraine and it’s not too late for Biden to use the same tactics.
Germany drops opposition to Russia oil embargo: report
A full European Union ban on Russian oil imports is now possible after Germany this week changed its stance on such an embargo, a report says.
Biden admin ‘empowering Putin’ by shutting down US energy production: Sen. Dan Sullivan
Sen. Dan Sullivan, R-Alaska, weighs in on Biden shutting down domestic energy production.
EU parliament member: Putin is 'using gas as a weapon'
EU parliament member Radek Sikorski responds to Russia cutting off natural gas to Bulgaria and Poland and discusses the Ukrainian refugee crisis' effects on Poland.
Pelosi, Schumer target oil companies for gas price spikes
The Democratic leadership in the House and Senate considering legislation to police big oil companies for price gouging as historically high gas costs continue to dog Democrats' midterm chances.