The position was outlined in a memo released last month in support of the administration's proposal to relax fuel mileage standards.
OPIS Global Head of Energy Analysis Tom Kloza on the outlook for oil.
Suburban Propane CEO Michael Stivala on how China’s 25 percent tariff on U.S. fuel will impact his propane business and why the tariff is causing volatility to the energy sector.
Both benchmarks lost more than 2 percent during the previous day's trading.
Official U.S. fuel inventory data is due to be published later on Wednesday.
Former Exxon Arabian Gulf President Jerry Bailey on the outlook for U.S. oil exports.
OPEC expects world oil demand to grow by 1.43 million bpd in 2019, down from 2018.
OPEC said its oil output in July rose to 32.32 million bpd, above the demand forecast, despite a surprise cut in output by Saudi Arabia just weeks after OPEC and its allies had agreed to boost supplies.
Gas is 53 cents a gallon higher than at this time last year.
U.S. sanctions against Iran pointed towards tighter supply.
The drop-off in Iranian crude exports could range between 500,000 and 1.3 million bpd,
The ongoing trade war is rattling global markets.
Oil prices were sharply lower.
Crude inventories fell by 6 million barrels in the past week
Lt. Col. James Carafano (Ret.), Gunnery Sergeant Jessie Jane Duff (Ret.) and former Cheney national security adviser Stephen Yates on whether Iranian President Hassan Rouhani will agree to meet with President Trump, after the U.S. re-imposed sanctions against Iran.
Adam Ereli, former U.S. ambassador to Bahrain, and Jasper Lawler of London Capital Grouphead Research on the restored sanctions on Iran and how Tesla CEO Elon Musk may take his company private.
Are things looking up in crisis-stricken Venezuela?
U.S. sanctions against Iran, which shipped out almost 3 million barrels per day of crude in July, officially came into effect Tuesday morning.
Rep. Tom Reed (R-N.Y.) discusses the Trump administration’s sanctions on Iran and why U.S. trading partners shouldn’t purchase oil from the Islamic Republic.
FBN’s Trish Regan discusses Iran’s reliance on oil and how the U.S. plans to restore sanctions against the Middle Eastern country.