Saudi Arabia and Russia announced a deal to extend oil production cuts until the end of 2023, further constricting supply and sending crude prices soaring.

After the Labor Day holiday, investors will kick off the first week of September with a host of earnings and Goldman's technology conference featuring the world's biggest AI players.

Florida officials warned consumers of contaminated gasoline from the Port of Tampa and supplied by CITGO, after human error caused the fuel to become contaminated with diesel.

The average price of gas dropped this week as oil prices follow a downward trend, according to AAA. Motorists may see some pressure at the pump as they get closer to Labor Day weekend.

BlackRock, which manages trillions of dollars in investments worldwide, turned down the vast majority of climate and social proposals it faced during the most recent voting season.

The national average price for a gallon of gas increased this week despite a decrease in oil prices, AAA reported. But severe weather could have a major impact on gas prices in the weeks to come.

The average price for a gallon of gas was unmoved over the past week, AAA reported. But an increase in oil prices could spike what consumers pay at the pump, even as they deal with record-high vehicle financing costs.

Oil prices jumped to the highest level in months on Monday days after Saudi Arabia announced that it would extended production cuts for another month.

North Dakota is welcoming Ukrainian refugees seeking to work in the state and alleviate a workforce shortage through the Bakken Global Recruitment of Oilfield Workers program.

Two key reports on inflation, the CPI and PPI, are due this week as are a host of quarterly earnings, including Disney, Tyson Foods, Beyond Meat, Rivian and UPS.

The national average price of gas increased 11 cents per gallon for the week ending August 3, AAA reported. But Americans could soon see lower prices at the pump as summer draws to a close.

Saudi Arabia is extending oil production cuts through the end of September in an effort to raise lagging prices, though analysts fear the move will raise gas prices in the U.S.

Gas prices are climbing – up nearly 30 cents from a month ago – due in part to high temperatures, which is hurting refinery production, according to an industry expert.

Continental Resources Chairman Harold Hamm criticized the Biden administration's policies restricting oil and gas development on federal lands for contributing to inflation.

Billionaire and Continental Resources chairman Harold Hamm argues energy independence leads to world peace, but President Biden wants to "cancel all fossil fuels."

Temps are soaring across the nation, challenging refineries, while the price of oil is rising. The combination may result in higher prices in the middle of the summer travel season.