Oil

Oil trades higher as inventory falls sharply

Oil prices were back on the rise Wednesday morning as traders monitor progress in negotiations between Russia and Ukraine and as supply remains tight -- data showed U.S. crude stocks fell sharply last week.

Energy Independence: Where does America go from here?

Fox Business and Fox Nation teamed up Tuesday to host the Energy Independence Summit, a two-hour event held at Rucci Oil Company in Staten Island, NY, that featured a panel of celebrated hosts in their fields fronted by FBN anchors Maria Bartiromo, Charles Payne, and Larry Kudlow.

UAE energy chief doubles down on OPEC alliance with Russia

The United Arab Emirates' energy minister doubled down Monday on an oil alliance with Russia that's helped buoy crude prices to their highest in years as Moscow's war on Ukraine rattles markets and sends energy and commodity prices soaring.