Oil

Oil prices rose more than 1 percent on Wednesday as strong global refining margins and the reopening of U.S. Gulf Coast refineries provided a more bullish outlook after sharp drops due to Hurricane Harvey.

Oil prices rose more than 1 percent on Wednesday as strong global refining margins and the reopening of U.S. Gulf Coast refineries provided a more bullish outlook after sharp drops due to Hurricane Harvey.

France's oil and gas production represents just 1 percent of national consumption.

Prices at the gas pump are expected to keep climbing for another week.

Prices at the gas pump are expected to keep climbing for another week.

Crude oil prices rose and gasoline fell about 3 percent on Tuesday as the gradual restart of refineries in the U.S. Gulf that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch.

Gas prices hit a high for the year on Labor Day as the effects of Harvey continued to shut in refineries.

Gas prices hit a high for the year on Labor Day as the effects of Harvey continued to shut in refineries.

U.S. Gulf Coast refineries and fuel distribution terminals started to reopen on Saturday, a week after Tropical Storm Harvey knocked out nearly 25 percent of the nation's refining capacity and sent gasoline prices spiking.

About 6.1 percent of U.S. Gulf of Mexico oil production is offline due to Tropical Storm Harvey, the U.S. Department of the Interior's Bureau of Safety and Environmental Enforcement (BSEE) said on Saturday.

The U.S. Energy Secretary has approved up to 4.5 million barrels of crude oil to be released from the Strategic Petroleum Reserve in response to the impact from Tropical Storm Harvey, a spokeswoman for the Department of Energy said on Friday.

The U.S. Energy Secretary has approved up to 4.5 million barrels of crude oil to be released from the Strategic Petroleum Reserve in response to the impact from Tropical Storm Harvey, a spokeswoman for the Department of Energy said on Friday.

Benchmark U.S. gasoline prices slid for the first day since Hurricane Harvey struck the U.S. oil industry heartland, as some refineries restarted operations, but oil prices slid further.

Benchmark U.S. gasoline prices slid for the first day since Hurricane Harvey struck the U.S. oil industry heartland, as some refineries restarted operations, but oil prices slid further.

FBN’s Stuart Varney on the Left finding fault with Houston after Harvey.

FBN’s Lauren Simonetti on the markets, Harvey’s impact on gas prices and ‘Star Wars.’

Travelers and fuel suppliers across the United States braced for higher prices and shortages ahead of the Labor Day holiday weekend as the country's biggest fuel pipelines and refineries curb operations after Hurricane Harvey.

Travelers and fuel suppliers across the United States braced for higher prices and shortages ahead of the Labor Day holiday weekend as the country's biggest fuel pipelines and refineries curb operations after Hurricane Harvey.