Shell makes 'difficult' decision to purchase Russian crude oil, vows to buy elsewhere 'whenever possible'
Shell oil company released a statement Saturday saying it is “appalled” by Russia’s aggression in Ukraine and will do what it can to avoid purchasing oil from Russia while acknowledging that it recently did purchase crude oil from the country.
Commodities have best week ever as Russia, Ukraine sparks buying
Commodities just turned in their best weekly gains ever.
Private sector's Russia divestment has been 'remarkably swift,' expert says, as Biden drags feet on oil ban
Private corporations have been "remarkably swift" at pulling business from Russia after its invasion of Ukraine, experts told FOX Business.
Elon Musk calls for increase in US oil, gas production to combat Russia despite negative effect on Tesla
Tesla co-founder and CEO Elon Musk called on the United States to increase its domestic oil output in response to Russia’s invasion of Ukraine while also acknowledging that his electric car company would be negatively affected by that move.
Ukraine invasion: US gas prices jump as oil surges
Gas prices had their single largest day increase since 2016 on Thursday, according to AAA data.
Rep. Wittman warns of 'long-term impact' on energy market amid Russia-Ukraine war
Rep. Rob Wittman, R-Va., discusses the U.S. importing Russian oil amid war in Ukraine as gas prices surge, arguing the administration needs to think of 'long-term solutions' to free up American energy.
Real 'oil shock' is coming: Economics professor
University of Louisville economics professor Alexei Izyumov predicts the oil market will bring inflation and interest rates even higher.
Russia-Ukraine war: More US drilling has never been on table, US labor secretary says
U.S. Labor Secretary Marty Walsh said that increased domestic drilling amid the Russian invasion of Ukraine has never been on table.
Former Pompeo senior adviser: You can't appease dictators
Stephens INC senior policy adviser Mary Kissel warns of 'cascading crises' as the Biden admin nears a deal with Iran on a nuclear agreement and President Vladimir Putin's rising aggression in Ukraine as U.S. continues to import Russian oil.
Expert schools Biden admin on energy industry amid ‘crazy’ and ‘dangerous’ moves
Senior energy analyst at The PRICE Futures Group Phil Flynn argued that the stakes in the global oil market “have never been higher” as the war between Russia and Ukraine escalates and with the potential of a U.S. nuclear deal with Tehran.
Russian oil imports to US ‘stained with Ukrainian blood,' says Rep. Nancy Mace
Rep. Nancy Mace, R-S.C., weighs in on the Russian war in Ukraine.
Oil prices rise as escalating Ukraine conflict raises supply concerns
Oil prices rose as the Russia's invasion of Ukraine escalated after a Ukrainian nuclear power plant, Europe's largest, caught on fire after an attack from Russian troops.
Republicans, energy experts say Keystone XL cancelled by Biden would have helped lessen need for Russian oil
The Keystone XL pipeline was halted by the administrations of both President Obama and President Biden which critics, including one expert who spoke with Fox News, say only exacerbated the current predicament the United States faces as it continues to purchase oil from Russia as it invades Ukraine, a U.S. ally.
NJ city council votes to revoke licenses of gas stations over Russian ties
Lukoil gas stations in Newark have had their business licenses suspended
Fmr. Gulf Oil CEO on prices surging as Russia-Ukraine crisis rages on: US 'shooting ourselves in the foot'
Former Gulf Oil CEO Joe Petrowski weighed in on prices for the commodity surging as the Russia-Ukraine crisis rages on, arguing that the U.S. is “shooting ourselves in the foot” with respect to energy.
FLASHBACK: DCCC's panned gas prices tweet looking worse as prices skyrocket due to Russia-Ukraine war
The Democratic Congressional Campaign Committee’s (DCCC) December tweet on the lowering cost of gas is one of those posts that didn’t meet the standard, and is looking worse as fuel prices skyrocket due to the war in Ukraine.
Bipartisan pressure to ban Russian energy imports grows on Biden
As President Biden and Europeans avoid removing Russian banks that deal in oil from the international SWIFT banking system, there is a growing bipartisan call in Congress to ban Russian oil.
Oil surge has gas breach $5 a gallon in first US city
The state average for a gallon of regular gasoline in California is sitting at $4.940, according to AAA vs. the national average of $3.728.
Oil prices could hit $123 per barrel by the end of March: Analyst
The Schork Group principal Stephen Schork initially predicted Brent crude will hit $116 per barrel this month and notes it only took a few days to hit that mark.
Market opportunity's amid Russia, Ukraine crisis
Merrill Lynch Wealth Management President Andy Sieg argues there are areas of opportunity in the market given the corrections that have taken place recently.