"...the possibility of a market share battle, even if remote, is hanging over markets, as is the potential for high fuel prices to stoke inflation and damage a fragile economic recovery..."
Cathie Wood forecasts that as the world shifts to electric cars and trucks this will take oil prices down to $12 per barrel.
Stock investors worried about inflation should pay close attention to the rising price of oil. It could be the final kick needed to derail the consumer-spending spree behind the U.S.'s surging growth.
Brace for shock at the pump. WTI crude prices surged by over $2, rising more than 3% to $75.8/bbl...
Gas is generally about $3 per gallon now and in some parts of the country, it is more than $4 per gallon. That's for regular.
A federal judge in Louisiana has blocked President Joe Biden's suspension of new oil and gas leases on federal land and water, delivering a setback to the administration's efforts to transition away from fossil fuels.
Gas prices hit a nationwide average of $3.08 per gallon on Monday, driven by the cost of crude oil.
The Keystone XL pipeline project's owner, TC Energy, said on Wednesday that it has terminated the controversial pipeline project that would have served as a lifeline to Canadian oilsands producers looking for more takeaway capacity.
Mendocino is known for its Victorian architecture and striking setting on the bluffs of the Pacific Ocean in rural Northern California, 155 miles and three and a half hours north of San Francisco.
After in recent months crude oil prices have clearly recovered from their COVID-19 slump on steadily increasing demand, Russian Deputy Prime Minister Alexander Novak addressed the much anticipated decision-making at the upcoming OPEC+ conference set
For most of my career, oil demand has grown each year and supply has roughly kept up. Sure, it's overshot in both directions. We've seen shortages and we've seen gluts.
Believe it or not, oil companies in Russia and Saudi Arabia are cheering on climate activists who are doing battle with names like Shell and Exxon.
-- here's how the pursuit of huge gas reserves and money is fuelling the conflict
Shell is ordered to cut carbon emissions by 45% by 2030 by Dutch court in ruling that could set precedent for polluting multinationals worldwide
Engine No. 1 won at least two board seats at Exxon's annual shareholder meeting on Wednesday. The activist fund, which has a 0.02% stake in Exxon, has been targeting the company since December over the oil giant's need to shift away from fossil
For several months, many of my articles covered the global shortages and coming shortages facing the worldwide economy. My articles warn of food, chip, fuel, and commodity shortages.