Oil prices fell on Monday as a continued surge in coronavirus globally forced a series of renewed lockdowns, including strict new measures in Southern California.
Energy analyst Stephen Schork says consumers won't pay much more than $2 per gallon at the pump in the coming months.
The Schork Group Principal Stephen Schork breaks down why heating oil, natural gas and energy prices in general will be low this winter.
The Trump administration has taken another step in its efforts to open up Alaska's Arctic National Wildlife Refuge for drilling, announcing Thursday it would sell oil and gas leases on Jan. 6.
OPEC members and their allies reportedly reached a deal to begin easing oil production cuts next year.
Big money is sensing a new day in the global oil markets.
Former Shell Oil President John Hofmeister discusses the future of the oil industry under a Biden administration.
Former Shell Oil President John Hofmeister discussed how a coronavirus vaccine could impact oil demand.
Exxon Mobil?Corp.?is retreating from a plan to increase spending to boost its oil and gas production by 2025 and preparing to slash the book value of its assets by up to $20 billion, as the struggling company reassesses its next decade.
Oil prices slipped on Tuesday amid concerns over mounting supply after leading producers delayed talks on 2021 output policy that could extend production cuts as the coronavirus pandemic continues to sap fuel demand.
Oil prices fell about 1% on Monday amid investor jitters ahead of an OPEC+ meeting to decide whether the producers’ group will extend large output cuts to balance global markets.
Oil prices were mixed on Friday in quiet trade due to the U.S. Thanksgiving holiday, with West Texas Intermediate (WTI) dropping more than 1% amid concerns about oversupply and doubts about a vaccine to end the coronavirus pandemic.
Six American oil executives held for three years in Venezuela were found guilty of corruption charges by a judge Thursday and immediately sentenced to prison.
FOX Business’ Jeff Flock on Thanksgiving travel, gas prices and how cities like Los Angeles are preparing for holiday travel amid the coronavirus pandemic.
GasBuddy head of petroleum analysis Patrick De Haan on gas prices and holiday travel.
IHS Markit Vice Chairman Daniel Yergin provides insight into oil prices and American energy under a Biden administration.
Global oil demand is set to slip as more countries reintroduce lockdowns in an effort to slow the spread of COVID-19, according to OPEC.
Smead Capital Management CEO and chief investment officer Bill Smead, Meridian Equity Partners' John Cornpina and Prosper Trading Academy's Scott Bauer discuss the landscape of the U.S. stock market moving forward with a likely Biden administration and a coronavirus vaccine.
"Our message is simple and hopefully effective. We fully intend to exercise our rights, and will not have politicians making crippling decisions, that will negatively affect our future and the future of our children." StopTheTires2020 organizer Jeremy Rewoldt wrote in a Facebook post.?"We will not participate in the leftist, Biden/Harris Green New Deal. We do not support the banning of fracking. The United States of America operates as a capitalistic economy and OIL is the fuel she survives on."
Pfizer and BioNtech said their experimental vaccine candidate showed greater than 90% effectiveness from preventing COVID-19 in participants without evidence of prior infection.