Oil

Drivers across the southeastern U.S. are facing a gas shortage and a surge in pump prices.

Oil prices recovered on Tuesday from six-week lows, with U.S. crude rising as much as 1 percent, as the market weighed up OPEC comments that a possible production freeze agreement could last longer than expected.

Oil prices recovered on Tuesday from six-week lows, with U.S. crude rising as much as 1 percent, as the market weighed up OPEC comments that a possible production freeze agreement could last longer than expected.

With the 2016 presidential election fast approaching, former Secretary of Energy Spencer Abraham weighed in on who Donald Trump should consider as his potential Department of Energy Secretary.

With the 2016 presidential election fast approaching, former Secretary of Energy Spencer Abraham weighed in on who Donald Trump should consider as his potential Department of Energy Secretary.

Oil prices rose on Monday from multi-week lows after Venezuela said OPEC and non-OPEC producers were close to a deal to stabilize the market and as clashes in Libya disrupted attempts to boost crude exports.

Oil prices rose on Monday from multi-week lows after Venezuela said OPEC and non-OPEC producers were close to a deal to stabilize the market and as clashes in Libya disrupted attempts to boost crude exports.

Crude oil prices fell by up to 2 percent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages.

Crude oil prices fell by up to 2 percent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages.

New York Attorney General Eric Schneiderman is investigating why Exxon Mobil Corp. hasn't written down the value of its assets, two years into a pronounced crash in oil prices.

New York Attorney General Eric Schneiderman is investigating why Exxon Mobil Corp. hasn't written down the value of its assets, two years into a pronounced crash in oil prices.

Oil prices edged up on Thursday after two consecutive days of losses, with gains capped by returning supplies from Nigeria and Libya.

Oil prices edged up on Thursday after two consecutive days of losses, with gains capped by returning supplies from Nigeria and Libya.

U.S. oil prices will reach the $60-per-barrel mark by the end of 2016, predicts former Shell Oil President John Hofmeister.

Oil prices extended losses on Wednesday, falling about 2 percent, after data showing large weekly builds in U.S. petroleum products offset a surprise draw in crude stockpiles.

Oil prices extended losses on Wednesday, falling about 2 percent, after data showing large weekly builds in U.S. petroleum products offset a surprise draw in crude stockpiles.