Oil

The Schork Report Editor Stephen Schork explained why President Trump’s energy policy could be a boom for the U.S. economy and job market.

The Schork Report Editor Stephen Schork explained why President Trump’s energy policy could be a boom for the U.S. economy and job market.

Oil prices rebounded on Wednesday, reversing earlier losses even after data showed a build in U.S. crude inventories, reinforcing traders' sentiment that oil is trapped in a range by expected OPEC production cuts and U.S. output growth.

President Trump signed executive orders Tuesday giving the green light for construction of the Keystone XL and Dakota Access pipelines.

President Trump signed executive orders Tuesday giving the green light for construction of the Keystone XL and Dakota Access pipelines.

Oil prices climbed higher on Tuesday ahead of weekly U.S. inventory data on evidence the global market is tightening as lower production by OPEC and other exporters drains stocks.

Oil prices climbed higher on Tuesday ahead of weekly U.S. inventory data on evidence the global market is tightening as lower production by OPEC and other exporters drains stocks.

Oil prices eased on Monday as signs of a strong recovery in U.S. drilling largely overshadowed news that OPEC and non-OPEC producers were on track to meet output reduction goals.

Oil prices eased on Monday as signs of a strong recovery in U.S. drilling largely overshadowed news that OPEC and non-OPEC producers were on track to meet output reduction goals.

Halliburton, the world's No. 2 oilfield services provider, on Monday warned of weakness in markets outside of North America, echoing comments made by larger rival Schlumberger last week.

Halliburton, the world's No. 2 oilfield services provider, on Monday warned of weakness in markets outside of North America, echoing comments made by larger rival Schlumberger last week.

The average price of a gallon of regular-grade gasoline fell just over 1 cent nationally during the past two weeks, to $2.36.

The average price of a gallon of regular-grade gasoline fell just over 1 cent nationally during the past two weeks, to $2.36.

With oil prices on the mend and a new president who is no enemy to drilling, energy companies in the U.S. are hiring again.

Oil prices rose more than 2 percent on Friday on expectations that a weekend meeting of the world's top oil producers would demonstrate compliance to a global output cut deal, but rising U.S. drilling activity limited gains.

Oil prices rose more than 2 percent on Friday on expectations that a weekend meeting of the world's top oil producers would demonstrate compliance to a global output cut deal, but rising U.S. drilling activity limited gains.

Continental Resources CEO Harold Hamm, an early Trump supporter, believes the U.S. can jump-start oil production under the Trump administration.

Continental Resources CEO Harold Hamm, an early Trump supporter, believes the U.S. can jump-start oil production under the Trump administration.