Oil

Chevron CEO Mike Wirth says that the price of crude oil will likely exceed $100 a barrel in the near future on supply cuts from Russia and Saudi Arabia.

The price of WTI and Brent crude oil continues to rise as Wall Street traders eye a deeper supply deficit in the fourth quarter after Saudi Arabia and Russia extended supply cuts.

Democratic presidential candidate Robert F. Kennedy Jr. said in a social media post that he would ban fracking as part of his plan to end what he called the plastics pollution crisis.

The state of California has filed a lawsuit against major oil and gas companies, alleging the fossil fuel industry has lied about the harms of climate change for decades.

The price of oil hit $90 per barrel as crude supply tighten amid oil production cuts from Saudi Arabia and Russia, creating a new headline in the fight to bring down inflation.

U.S. air carriers like and American Airlines and Spirit Airlines are cutting their third-quarter profit forecasts due to rising fuel costs and other expenses.

Biden's energy secretary's "troubles" on her electric vehicle road trip solidifies the importance of consumer choice, American Petroleum Institute's Mike Sommer says.

Oil prices hit their highest levels in 2023 last week following an announcement by Saudi Arabia and Russia that they would deepen their previously announced oil production cuts.

Earnings and economic data will begin on the 22nd anniversary of 9/11, with the largest IPO of 2023 expected midweek and UAW deadline for Ford, GM and Stellantis this week.

Amid efforts to enforce sanctions against Iran, authoritarian regimes like Russia and China and some Western companies are bypassing U.S. sanctions to attend the Iran Oil Show.

Alaska's governor accuses the Biden administration of breaking state-specific laws protecting oil drilling and the production of natural gas, adding "2024 can't come soon enough."