OPEC+ ministers agree to cut production by 2M barrels per day
Ministers from OPEC+ on Wednesday said they would cut oil production by 2 million barrels a day in a move expected to raise gas prices.
Stuart Varney: OPEC+ meeting a ‘big deal’ amid war, global energy crisis
FOX Business host Stuart Varney argues OPEC+ increasing oil prices is 'another problem for the president.'
EU hits Russia with new sanctions, issues price cap on oil following Nord Stream 'sabotage'
The European Union agreed to hit Moscow with another round of sanctions and issue a price cap on Russian oil exports in an attempt to target its war chest.
OPEC+ output cut on tap, ADP report and more: Wednesday's 5 things to know
The oil producer group OPEC+ meets today in Vienna and a large cut in output is expected in a move to support prices.
Americans should prepare for gas prices to keep rising, analysts warn
Consumers should gear up for higher gasoline prices as a result of foreign oil production cuts and a series of domestic factors that are limiting supplies, according to energy analysts.
Gas price spike, could be key factor in November's midterms
C3 Solutions Vice President of Public Policy Nick Loris examines America's energy crisis and why gas prices are spiking again on 'The Evening Edit.'
US oil industry leaders call on Biden to take export ban off the table
Oil industry leaders wrote a letter to Energy Secretary Jennifer Granholm on Tuesday, urging her to take an oil export ban off the table amid high energy prices.
Oil, gas prices elevated ahead of key OPEC+ meeting
Oil prices climbed as much as 4% Tuesday, topping $86 per barrel level. Meanwhile, the national average gas price is currently sitting at $3.80 per gallon, according to AAA.
Stuart Varney: Americans are paying for Biden’s ‘green dreams’
FOX Business' Stuart Varney discusses the price Americans have to pay for the Democrats' energy politics as gas prices surge nationally and OPEC eyes production cut.
Stuart Varney: Americans are paying for Biden’s ‘green dreams’
FOX Business host Stuart Varney argues Biden won't allow the U.S. to get our own energy.
US Treasury seeks phased G7 oil sanctions as EU ban looms
The U.S. Treasury is working with key European players to target Russia by curbing Moscow's funds for waging war against Ukraine and implementing a two-phase ban on Russian oil exports
Democrats' solution to a problem is 'more government': Rep. Warren Davidson
Rep. Warren Davidson, R-Ohio, discusses U.S. energy policies under the current administration, the 2022 midterm elections and the Army missing its recruiting goal as Biden's vaccine mandate remains in place.
California can't keep the lights on as it is: Stephen Schork
Stephen Schork, The Schork Group principal, discusses OPEC and California's energy policies during his interview on 'Mornings with Maria.'
OPEC+ meeting may consider output cut this week: report
Members of the OPEC+ group of oil producers will meet this week in Vienna to consider a production cut of 1 million barrels a day.
Energy expert says California windfall tax is a bad idea
California implementing a windfall tax on oil companies would be harmful, FOX Business contributor and Price Futures Group senior market analyst Phil Flynn said.
Exxon CEO warns Biden administration against limiting fuel exports
Exxon Mobil CEO Darren Woods is pushing back against Energy Secretary Jennifer Granholm's and the Biden Administration's misguided energy and trade policies.
Democrats' 'war' on fossil fuels has created America’s inflation crisis: Rep. Buddy Carter
Rep. Buddy Carter, R-Ga., criticizes the Biden administration’s domestic energy strategy, arguing that they need to ‘unleash’ American fossil fuels to relieve inflation.
Following Hurricane Ian, President Biden threatens oil industry
Florida Rep. Kat Cammack reacts to President Biden issuing a warning to oil companies about price gouging on 'The Evening Edit.'
US imposes new sanctions on Iran oil exports, targets Chinese firms
In an effort to get Iran to rejoin the 2015 Nuclear deal the US has imposed sanctions on companies involved with Iran's oil production including some from China.
Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum
Berkshire Hathaway, which received regulatory approval in August to buy up to 50% of Occidental's Petroleum's common stock, owns a total of about 194.4 million shares.