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.
Saudi Arabia pushes back on UAE opposition to OPEC+ deal
Saudi Arabia's energy minister pushed back on Sunday against opposition by fellow Gulf producer the United Arab Emirates to a proposed OPEC+ deal and called for "compromise and rationality" to secure agreement when the group reconvenes on Monday.
Gas prices at 7-year high $3 per gallon levels here to stay
Gas prices are surging ahead of the July 4th holiday and they may remain at elevated levels all summer long.
S&P sets record, oil tops $75 as second half kicks off
U.S. equity markets battled higher Thursday and oil hit its highest level in almost three years as the second half of the year got underway.
Gas prices at 7-year high ahead of July 4 weekend
Patrick De Haan, Gasbuddy head of petroleum analysis, predicts gas prices will continue to increase as demand soars.
Tanker driver shortages could make gas stations struggle to meet summer fuel demand: AAA
As the summer driving season is revving up, AAA is warning that a small number of gas stations across the U.S. may have trouble meeting rising fuel demand.
Exxon lobbyist duped by Greenpeace says climate policy was a ploy
Greenpeace activists posed as headhunters to conduct separate Zoom interviews with senior Washington-based lobbyist Keith McCoy and a former Washington lobbyist for Exxon, Dan Easley.
Oil traders handicap OPEC’s move with a wary eye
OPEC may boost production at this week's meeting but oil watchers say the move will be strategically puny.