Oil

Betting the Federal Reserve’s stimulus slingshot will come back to hit us all in the head with hyperinflation anytime soon will make you broke.

After seven years in limbo, TransCanada's Keystone XL pipeline was axed by the Obama administration, a move that quickly drew the ire of the GOP’s presidential candidates.

The Obama administration on Friday unveiled its first major standards for oil companies that frack on federal lands, including beefed-up safety measures to protect groundwater, prompting industry complaints they will be a barrier to growth.

The ripple effects from the crisis in Ukraine should serve as yet another motivation for Washington to move quickly to make the U.S. energy independent.

TEST

U.S. President Barack Obama will propose a new $10 a barrel fee on oil in his budget plan next week, as the White House seeks to boost the nation's investments in clean transportation projects, the White House said on Thursday.

Ratings companies have downgraded the Latin American country in recent days, warning of a 'materially higher risk of an economic collapse.' 

OPEC Secretary-General Abdullah al-Badri said OPEC and non-OPEC oil producers might later take "other steps" to curb a global supply glut if a preliminary deal between the world's biggest producers proves successful.

A four-decade-old ban on oil exports is on the verge of extinction, but the immediate impact will likely be muted.

Oil prices rose on Tuesday with technical support for U.S. crude and despite a weaker demand outlook from the International Energy Agency which is expected to keep the world oil market oversupplied for at least another year.

The Organization of the Petroleum Exporting Countries said Wednesday it sees no further rise in demand for its crude this year, but it expects the current oversupply in the market to ease over the coming quarters.

New York Gov. Andrew Cuomo's administration will move to prohibit fracking in the state, citing unresolved health issues and dubious economic benefits of the widely used gas-drilling technique.

Now you see it and now you don’t. Barrels of oil are disappearing before our very eyes. Oil prices bounced after the American Petroleum Institute reported that 6.5 million barrels of oil seemingly vanished into thin air. Did aliens come down to earth and confiscate our supply?

The ongoing turmoil in Iraq has the potential to throw a wrench into the U.S. economy, the IMF's chief told FOX Business's Liz Claman. 

Two trade groups representing North American railroads proposed new safety standards for tank cars that carry crude oil and other flammable liquids, as the industry and regulators explore tougher rules.

Entergy's pending closure of the 41-year-old Vermont Yankee nuclear power plant will likely affect the natural gas and electricity markets in New England, as 4% of the region’s annual electricity supply is set to come off line.

A new rule reportedly set to be introduced Friday by the U.S. Environmental Protection Agency could raise gas prices at the pump by anywhere from a penny to 9 cents a gallon while cutting back on automobile emissions.

An effort to shelve the 40-year-old ban on exporting oil from the U.S. is gaining steam as lawmakers in the House voted in favor of the move on Friday.

Congress is likely going to lift the nation's 40-year-old ban on oil exports as part of broader spending and tax legislation, according to congressional aides of both parties, a historic policy change that would reflect momentous political and economic shifts driven by a boom in U.S. oil production.

Oil prices fell 3 percent on Tuesday, retreating after six days of gains for benchmark Brent crude, as Goldman Sachs suggested the rally was unsustainable and analysts predicted U.S. stockpiles reached record highs again last week.