The back of service inflation must be 'broken' before Fed lowers rates: Peter Morici
Economist Peter Morici provides his outlook on U.S. inflation and the Federal Reserve's rate trajectory.
Oil prices up $1 over shipping disruption fears
Oil prices gained over $1 by midday Monday, sent skyward by increased demand amid potential shipping disruptions and sanctions against Russia.
Patrick De Haan on Chicago mayor's oil, gas giant lawsuit: 'He's looking for a handout'
GasBuddy Head of Petroleum Analysis Patrick De Haan reacts to Chicago mayor Brandon Johnson suing oil and gas companies over the impact on the climate and discusses his outlook on gas prices.
Biden's energy agenda putting US pipeline workers' livelihoods at stake: 'Business is gone,' CEO says
Three workers at Houston-based Troy Construction are fighting for their careers and sounding off on President Biden's green energy agenda putting livelihoods at stake.
Pipeline workers concerned for their jobs, livelihoods due to Biden's renewable agenda
FOX Business' Grady Trimble reports from Houston-based Troy Construction, where the CEO and contract workers voice concerns over executive energy policy.
The earnings 'elephant in the room,' according to strategist Adam Turnquist
LPL Financial chief technical strategist Adam Turnquist mitigates worries around Red Sea conflicts disrupting shipping markets and previews the year of cost cuts.
Diamondback in $26B deal to buy Endeavor Energy in growing Permian push
The combined company would be the third-largest oil and gas producer in the region behind Exxon and Chevron, with both firms having announced recent deals.
Freight through Suez Canal sinks 45% amid Houthi attacks
Freight levels through the Suez Canal have plummeted by 45% since Iran-backed Houthi militants began attacking vessels in the Red Sea, risking higher inflation and food insecurity.
China pressures Iran to rein in Houthi attacks in Red Sea or risk harming business relations: report
China is warning Iran to get attacks by the Iranian-back Houthis on ships in the Red Sea under control or else it could harm their trade partnership.
John Catsimatidis: Biden made the Iranians 'zillionaires'
Red Apple Group CEO and Chairman John Catsimatidis on rising energy prices, the conflict in the Red Sea and an Illinois councilman calling on residents to house migrants.
Ex-pipeline worker Lynn Allen: I love what Trump says, 'drill, baby drill'
Pipeline welder Lynn 'Bugsy' Allen argues he's 'barely' getting by after Biden canceled the Keystone XL Pipeline.
Exxon Mobil sues ESG investors to keep climate proposals off shareholder ballot
Exxon Mobil is suing to block a group of activist shareholders from bringing up a climate proposal covering emissions by users' of Exxon's products for a vote at a shareholder meeting.
Russia replaced Saudi Arabia as China's top oil supplier in 2023
Russia jumped ahead of Saudi Arabia to become China's top crude oil supplier in 2023 as the world's biggest oil importer bought vast quantities of discounted oil defying Western sanctions
Biden energy policies restrict oil market's 'future investment, supply': Mike Wirth
Chevron Chairman and CEO Mike Wirth on the company's acquisition of Hess, Biden policy and growing oil demand and reliability.
BP says interim CEO now permanent after predecessor resigned for failing to disclose personal relationships
Murray Auchincloss, the interim CEO who took over BP after Bernard Looney resigned from his post last September, is now permanent, the company says.
Chevron CEO says Houthi attacks in Red Sea pose 'very real' risks to oil flows and prices
Chevron CEO Michael Wirth said he is surprised U.S. crude oil is trading under $73 a barrel and that Houthi attacks in the Red Sea pose a "very real" risk to oil prices.
Shell suspends all Red Sea shipments indefinitely amid Houthi attacks from Yemen: report
British oil company Shell reportedly suspended shipments in the Red Sea amid Houthi attacks against commercial vessels and U.S.-led strikes in Yemen.
US is the 'Saudi Arabia of natural gas': Mike Sommers
American Petroleum Institute CEO Mike Sommers explains how the U.S. has oil 'insurance' based on its domestic supply.
Iran sidesteps US sanctions, allowing it to fund proxy groups like the Houthis
Iran is sidestepping sanctions against it by the United States, using what Congress calls a "ghost armada" that disables location information and flies bogus flags to avoid detection.
I think the Fed is 'cutting rates in advance of economic slowdown': Michael Lee
The founder of Michael Lee Strategy discusses the impact of rising tensions in the Middle East on the Federal Reserve and oil prices and weighs in on the banking sector's 4Q results.