Oil

Oil hits $70 for first time since October 2018

West Texas Intermediate crude oil hit $70 a barrel for the first time in two and a half years as traders balanced the reopening of the global economy and OPEC’s recent decision on production.

Engine No. 1 extends gains with a third seat on Exxon board

Exxon Mobil Corp shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company's board, the company said on Wednesday, extending the firm's upset victory at one of America's top energy corporations.

Varney: America is being attacked

FOX Business' Stuart Varney, while providing insight into the JBS cyberattack, argues that President Biden must not show Russian President Vladimir Putin weakness in Geneva.

OPEC to boost oil output as economies recover, prices rise

The OPEC oil cartel and allied producing countries plan to restore 2.1 million barrels per day of crude production, balancing fears that COVID-19 outbreaks in some countries will sap demand against surging energy needs in recovering economies.