Oil

Republican lawmakers in the House and Senate are calling for the U.S. to ramp up energy production at home as part of the response to the Russia-Ukraine crisis — which has raised fears of increasing oil prices and led to more pain at the pump.

FOX Business' Charles Payne during his latest “The Takeaway” on “Making Money,” Thursday argues Western leaders are buying crude and natural gas from tyrants.

President Biden said Thursday the U.S. is working with other countries on a coordinated oil release from the global petroleum reserve in the coming days in a bid to tamp down rising gasoline prices.

Gas prices, nationally, are averaging at $3.54 per gallon with diesel fuel at $3.96.

Founder of Michael Lee Strategy Michael Lee warned if Russian President Vladimir Putin decides he wants to take over all of Ukraine, it will be the beginning of World War III, which could be "catastrophic for everything."

Price Futures Group senior market analyst Phil Flynn argues that Russia invading Ukraine is a "total disaster" for the global oil market.

Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014, after Russia's attack on Ukraine exacerbated concerns about disruptions to global energy supply.

American Petroleum Institute CEO Mike Sommers warns if Russia fully invades Ukraine, Putin will gain full access to European energy markets.

Adviser Investments portfolio manager Adam Johnson discusses his outlook for oil prices.

With Russia’s renewed invasion of Ukraine, attention has turned once again to the controversial Nord Stream 2 gas pipeline linking Russia to Europe via Germany.