Members of the OPEC+ group of oil producers will meet this week in Vienna to consider a production cut of 1 million barrels a day.
California implementing a windfall tax on oil companies would be harmful, FOX Business contributor and Price Futures Group senior market analyst Phil Flynn said.
Exxon Mobil CEO Darren Woods is pushing back against Energy Secretary Jennifer Granholm's and the Biden Administration's misguided energy and trade policies.
Rep. Buddy Carter, R-Ga., criticizes the Biden administration’s domestic energy strategy, arguing that they need to ‘unleash’ American fossil fuels to relieve inflation.
Florida Rep. Kat Cammack reacts to President Biden issuing a warning to oil companies about price gouging on 'The Evening Edit.'
In an effort to get Iran to rejoin the 2015 Nuclear deal the US has imposed sanctions on companies involved with Iran's oil production including some from China.
Berkshire Hathaway, which received regulatory approval in August to buy up to 50% of Occidental's Petroleum's common stock, owns a total of about 194.4 million shares.
White House official John Kirby addressed Biden warning Big Oil of price gouging during the Hurricane Ian emergency and Putin seemingly losing support over the Ukraine war.
C3 Solutions VP of Public Policy Nick Loris reacts to President Biden’s accusatorial comments regarding price gauging within the oil industry in wake of Hurricane Ian on ‘Cavuto: Coast to Coast.’
Chevron sold its current headquarters in California and to move into a nearby leased space about one-third of the size, as it relocate employees to Texas.
GasBuddy's Patrick De Haan addressed the impact of U.S. oil refinery shutdowns and explained why gas prices in some parts of the country are rising again.
Rep. Darrell Issa, R-Calif., weighs in on how the Biden administration’s policies are contributing to America’s expanding inflation problem on ‘Mornings with Maria.’
The nation's top oil and gas group slammed President Biden on Wednesday for suggesting companies may price gouge as Hurricane Ian makes landfall in Florida.
Energy expert and FOX Business contributor Phil Flynn says President Biden's warning to gas companies about price gouging ahead of Hurricane Ian is "mind-boggling."
The costly troop mobilization, plunging energy prices and a new round of Western sanctions threaten to bear down on Russia’s already embattled economy.
President Biden, speaking at the White House, warned energy industry executives not to raise the price of oil or gas in the aftermath of Hurricane Ian.
Former Energy Secretary Rick Perry discussed on 'Mornings with Maria' Biden's energy policies, fossil fuel issues, the building energy crisis in Europe and its impact on the U.S.
Former Texas Gov. Rick Perry slams President Biden’s energy policies in the wake of Hurricane Ian threatening oil supply, power for thousands of Floridians.
European nations' consumption of biomass energy such as wood is increasing amid an energy crisis sparked by Russia's invasion of Ukraine and the bloc's push for green energy.
Gasoline prices may rise slightly if Hurricane Ian impacts fuel supplies. However, the effects will be limited, according to AAA spokesperson Andrew Gross.