Oil

Oil producers on Monday were evacuating offshore production platforms in the U.S. Gulf of Mexico as the 27th named storm of the season strengthened overnight and looked likely to threaten the United States as a hurricane.

TOKYO - Oil extended last week’s losses on Monday, falling nearly 2% as a surge in COVID-19 infections in the United States and Europe prompted concern over crude demand, while the prospect of increased supply also hit sentiment.

The deal would create the largest Permian Basin-only focused shale producer.

U.S. oil and gas companies have poured $87 million into political spending this cycle

Coal still has a bright future in an American energy industry that is transitioning to natural gas, Energy Secretary Dan Brouillette told Fox Business Network's “The Claman Countdown" Thursday.

Hurricane season 2020 is not the norm when it comes to prices at the pump.

The cold open for “Saturday Night Live” this weekend poked fun at Sen. Kamala Harris, who during the vice presidential debate last week reiterated that Democratic nominee Joe Biden will not ban fracking.

SINGAPORE - Oil prices dropped for a second straight session on Monday as U.S. producers began restoring output after Hurricane Delta weakened, while a strike that had affected production in Norway came to an end.

Hurricane Delta may hit the oil patch which is still recovering from Hurricane Laura.