The surge in oil prices could threaten the ongoing drop in gas prices. The national average for regular gas dropped to $3.83 a gallon on Wednesday, according to AAA.

Oil prices slipped in early Asian trading on Wednesday, retreating from a two-week high after U.S. inventory data revealed an ...

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on OPEC+’s decision to boost oil production by 548,000 barrels a day starting in August. He highlights how this increase, covered by ...

Oil surges as Israel attacks Iran in Middle East conflict, stocks slide with the Dow, S&P 500 and Nasdaq erasing weekly gains. Gold hits new record. FOX Business is providing real-time updates on the ...

Venezuela is spiraling once more into an inflationary storm as new data warns that price increases could skyrocket to 530% in ...

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

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Oil futures shot higher and U.S. stock-market futures sank Thursday evening on reports that Israel was attacking sites in Iran.

Texas oil and gas companies produced as much as 5.6 million barrels a day in 2023, the highest that year, according to the agency, which collects and administers energy statistics.