Oil

The national average price for gas rose to $3.58 for the week ending July 20, AAA reported. Gas price bumps can add to overall auto costs, but there are ways to lower these expenses.

Indonesian maritime authorities on Tuesday have announced the captured of an Iranian-flagged ship accused of carrying out an illegal oil transfer at sea.

The average price for a gallon of gas was $3.52 for the week ending July 6, AAA reported. And overall lower gas prices are encouraging Americans to seek road trips this summer. But inflation, high interest rates and recession fears may hold them back.

Russia and Saudi Arabia announced an extension to cuts in oil production on Wednesday, but prices for crude oil dropped 1% despite the move, analysts say.

A federal judge in Wisconsin ordered energy company Enbridge on Friday to remove any sections of its Line 5 oil pipeline from a tribe's land in the state following a lawsuit.

Companies that insure the U.S. LNG industry are facing more pressure from climate activists, which could backfire on consumers.

The Net Zero Stocktake 2023 report found that many companies and sub-national governments with "net-zero" emissions targets lack clear criteria or plans for reaching those goals.

Goldman Sachs lowered its 2023 outlook for crude prices by almost 10% citing a number of factors, even after Saudi Arabia's surprise production cut took the global markets off guard.

Deputy Treasury Secretary Wally Adeyemo says the United States and allies will hit Russia with more sanctions over its invasion of Ukraine that was launched in February 2022.

Chevron CEO Mike Wirth says the U.S. could be "an energy powerhouse" but needs a more supportive policy environment that encourages investment in order to do so.

United Refining Company Chairman and CEO John Catsimatidis discusses the impact Saudi Arabia's oil production cuts will have on the American consumer.

Drivers in the U.S. could soon pay more for a gallon of regular gasoline after Saudi Arabia's latest oil production cuts that were announced over the weekend.

OPEC and allies led by Russia are considering further cuts to oil production on top of multiple earlier cuts, threatening to send the price for oil surging higher.

Ahead of Memorial Day weekend, the national average cost for a gallon of gas increased to $3.57 for the week ending May 25, AAA reported.