Oil

The U.S. Strategic Petroleum Reserve is near its lowest level in four decades following President Biden's drawdowns as war in the Middle East threatens to disrupt oil supplies.

The global oil market got a jolt following the attacks on Israel, as did the U.S. stock market and now investors are trying to gauge how long the instability may last.

Conflict between Israel and the Iran-backed Hamas terror group could create a wider conflict in the Middle East that would increase risks to the global economy.

Pioneer Natural Resources shares spiked on rumors Exxon Mobil is closing in on a deal to purchase the company in what could be a $60 billion deal, The Wall Street Journal reported.

Alaska's energy and mining endowment fund will start distributing $1,312 payments to eligible residents starting Thursday, and a second disbursement is planned for late October.

The price of oil is nearing $94 per barrel after the Energy Information Administration reported a larger-than-expected draw on inventories of over 2.1 million, jolting the crude market.

Republican presidential hopefuls are set to square off in Simi Valley, California, on Wednesday against the backdrop of high energy prices that are hurting consumers.

Gas prices on average declined slightly after the Fed announced a pause to interest rate hikes. But volatile oil prices could mean uncertainty at the pump. Here’s what you can do.

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.