Energy in America

Stocks, oil and the Israel attacks

The global oil market got a jolt following the attacks on Israel, as did the U.S. stock market and now investors are trying to gauge how long the instability may last.

Exxon mulls Pioneer deal, shares jump

Pioneer Natural Resources shares spiked on rumors Exxon Mobil is closing in on a deal to purchase the company in what could be a $60 billion deal, The Wall Street Journal reported.

Oil nears $94 per barrel

The price of oil is nearing $94 per barrel after the Energy Information Administration reported a larger-than-expected draw on inventories of over 2.1 million, jolting the crude market.