Oil

Ministers of Arab oil-producing countries gathered in Saudi Arabia Sunday, refusing pressure for OPEC+ to increase production again amid coronavirus pandemic recovery efforts and as a potential war looms in Europe.

Oil prices fell on Monday on a plan for U.S. President Joe Biden and Russia's Vladimir Putin to hold a summit on the Ukraine crisis and on prospects of a nuclear deal between Iran and world powers in the next week or two.

Oil prices gained more than $1 in early trade on Monday on rising jitters over potential conflict between Russia and Ukraine, with the United States and European Union making clear Russia would face sanctions if it invaded its neighbour.

The price of oil is climbing on speculation that a Russian invasion of Ukraine is imminent, yet supply-demand issue remains at play.

Dan Eberhart, CEO of drilling services company Canary, warned that a Russian invasion of Ukraine would cause oil and natural gas prices to rise.

Sen. Marco Rubio, R-Fla., weighs in on the Russia-Ukraine conflict.

Dated Brent surpassed $100 a barrel on Wednesday, as the White House continued to emphasize that it was calling on other oil-producing nations to increase output in an effort to drive down prices

EQT CEO Toby Rice shares the fix to high natural gas prices as the US grows more dependent on foreign energy.

Tensions between Russia and Ukraine are feeding fears that energy prices could increase even more.

GasBuddy head of petroleum analysis Patrick de Haan comments on the trajectory of gas prices in the U.S.

Oil eased on Monday from its highest in more than seven years as Ukraine hinted at possible concessions to Russia.