OPEC+ agrees to boost oil supply as prices surge
OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the global economy recovers from the coronavirus pandemic.
Rising gas prices may stabilize 'soon,' expert says
Gasoline demand has "likely" peaked as the price of oil continues to drop, according to one expert.
Oil expert on OPEC's reported compromise with UAE over production
Lipow Oil Associates President Andy Lipow notes that now that a reported compromise had been reached, OPEC Plus is going to increase production beginning in August.
Gas prices expected to keep climbing
FOX Business' Lydia Hu on the continuation of elevated gas prices due to the return of domestic travel.
Gas price rally inching 'closer to a top': GasBuddy analyst
GasBuddy analyst Patrick De Haan noted on Monday that demand for gas “continues to go up,” but argued that he is “starting to feel like we are getting closer to a top” in the price rally.
California oil regulators deny 21 new fracking permits
California denied 21 oil drilling permits this week in the latest move toward ending fracking in a state that makes millions from the petroleum industry but is seeing widespread drought and more dangerous fire seasons linked to climate change.
Top cybersecurity stocks to buy amid ransomware attacks
ERShares COO Eva Ados reveals her best cybersecurity plays on 'The Claman Countdown'
Oil analyst explains ‘fear’ causing prices to retreat from 7-year high
The Schork Group principal Stephen Schork explained the “fear” causing oil prices to retreat from a 7-year-high on Wednesday, noting that it is “still quite an attractive buy.”
Gas prices are increasing across more cities, experts warn
GasBuddy Head of Petroleum Analysis Patrick de Haan projects the national average will rise another 5 cents to 15 cents per gallon before the end of the month.
Oil analyst explains gas 'game changer'
Stephen Schork, of the Schork Group, argues that the current 'fear' is the 'lack of refining capacity,' noting that the ability to turn crude oil into gasoline has been 'greatly compromised.'
UAE takes on oil kingpin Saudi Arabia
The oil squabble boils down to two Middle East Kingdoms and two Crown Princes.
White House 'constantly monitoring' gas prices, Psaki says: 'We're working on it'
White House Press Secretary Jen Psaki said Tuesday that the Biden administration is "constantly monitoring" U.S. gas prices, and insists they are "working on it."
Nasdaq hits record as Dow, S&P slip amid signs services sector is cooling
U.S. equity markets turned lower Tuesday amid signs of a slowdown in the services sector.
How will oil prices impact your summer travel plans?
Gibbs Wealth Management President Erin Gibbs and Optimal Capital director of strategy Frances Newton Stacy on energy prices and how they may affect Americans driving or flying to a vacation in the coming months.
OPEC infighting could mean $4 gas prices
The oil "power struggle" between Saudi Arabia and the United Arab Emirates over production levels could push gas prices to $4 per gallon.
Why oil prices are pulling back after OPEC supply standoff
PRICE Futures Group senior analyst Phil Flynn on why oil prices are retreating from a six-year high.
Stock market 'still the place to be': Expert
Penn Capital Chief Investment Officer Eric Green on his market outlook.
OPEC’s family feud pumps oil prices
The Biden administration's push toward green energy is leaving the U.S. more susceptible to price spikes created by the OPEC cartel.
Oil prices spike to 6-year high
Oil prices surged to their highest level in over six years Tuesday after production talks broke down between OPEC and its allies.
Oil rises further on hopes of tighter supply as OPEC+ talks abandoned
Oil prices rose slightly on Tuesday after the previous day's rally, supported by expectations of a tighter market as output talks of OPEC+ nations were called off, but concerns that members may start to increase production capped gains.