Oil

Environmental groups and the indigenous people of northeastern Alaska sought a preliminary injunction to block the sale in the ecologically sensitive area

Oil soars as Saudi Arabia makes "magnanimous" move.

Saudi Arabia and Russia deadlocked Monday over whether their producers’ alliance should boost crude output amid a resurgent pandemic, delegates said after a day of talks ended without a deal.

Oil prices edged lower on Monday, the first day of 2021 trading, ahead of a meeting of OPEC and allied producers to discuss output levels for February with fears for first-half demand seeping into the market as the coronavirus pandemic lingers.

Oil rose on Tuesday, for the third time in four sessions, on expectations for rising fuel demand as the United States may expand their pandemic aid payments and a final Brexit deal is set to stabilize trade between Europe and the UK.

Oil prices are set for better days. Here's why and when...

Oil prices inched higher on Thursday, helped by late-day buying in a low-volume session to close out the week.

For energy, 2021 is shaping up to be a year of contradictions.

Global stocks dropped Monday as a fast-spreading strain of coronavirus emerging from England prompted fresh travel restrictions, dealing another blow to prospects for the global economic recovery.

A host of environmental groups is urging President-elect Joe Biden to declare a national climate emergency, granting him greater power to address the issue and fulfill his pledge to ban new fossil fuel leases on public land.

The oil market is starting to price in the possibility of a new sheriff in town: Biden.

Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown through Christmas and coronavirus cases continued to surge in the United States and Europe.

Oil prices fell on Monday as a continued surge in coronavirus globally forced a series of renewed lockdowns, including strict new measures in Southern California.

Energy analyst Stephen Schork says consumers won't pay much more than $2 per gallon at the pump in the coming months.

The Trump administration has taken another step in its efforts to open up Alaska's Arctic National Wildlife Refuge for drilling, announcing Thursday it would sell oil and gas leases on Jan. 6.

OPEC members and their allies reportedly reached a deal to begin easing oil production cuts next year.

Big money is sensing a new day in the global oil markets.