Oil

Saudi Arabia's Crown Prince Mohammed bin Salman announced plans on Tuesday to launch a second national airline as part of a broader strategy to turn the kingdom into a global logistics hub as it seeks to diversify from oil.

The Supreme Court on Tuesday removed a hurdle to the construction of a natural-gas pipeline through Pennsylvania and New Jersey, ruling the pipeline developer could invoke the power of the federal government to take state property needed for the project.

Continental Resources Executive Chairman Harold Hamm warned on "Mornings with Maria" on Thursday that the United States can’t shut down the oil industry while China, India and other countries continue to build coal plants.

Iran's hardliner president-elect Ebrahim Raisi is sending oil prices higher and the nuclear accord to the trash bin.

A U.S. district court closed a long-running case against the Dakota Access oil pipeline on Tuesday, but allowed for Native American tribes and other opponents of the line to file additional actions against it, court documents showed.

Brent crude oil could top $100 a barrel next year as the world emerges from the COVID-19 pandemic, according to Bank of America.

Republicans are lauding a federal court's decision Tuesday to slap the Biden administration with a preliminary injunction preventing it from implementing the president's "pause" on oil and gas leases on federal lands.

Maglan Capital President David Tawil explains why he’s expecting an “oil crisis within the next three years.”

A federal judge in Louisiana issued a preliminary injunction blocking the Biden administration from pausing new oil and gas leases on federal land.

Shell reviews assets in Texas oil field, in an effort to move away from fossil fuels as it continues to face pressure to cut carbon emissions.

Oil prices climbed to their highest level in more than two years Monday amid more evidence of increasing demand as the global economy reopens from COVID-19 lockdowns.

President Biden and Russian President Vladimir Putin’s meeting comes as U.S. energy policies are giving Russia an advantage over America.

Oil prices held near multi-year highs on Monday, underpinned by an improved outlook for demand as increased COVID-19 vaccinations help lift travel curbs.

Oil has clocked its third consecutive week of gains and analysts say there is more room to run.