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Fuel prices are a problem for business and consumers — Why costs are so high
A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images The surge in gasoline prices is impossible to…
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Diesel fuel is in short supply as prices surge — Here’s what that means for inflation
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Diesel prices are surging,…
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Oil drops, Brent crude falls below $100 as China lockdowns spark demand fears
Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images Oil prices slid Monday, falling to the lowest…
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Warren Buffett scoops up another $1 billion in Occidental shares, bringing total stake to $7 billion
Daniel Zuchnik | WireImage | Getty Images Warren Buffett’s Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for almost $1 billion over the first three days of this week. An SEC filing Wednesday shows…
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Insiders debate how to secure America’s energy future at CERAWeek
Attendees during the 2022 CERAWeek by S&P Global conference in Houston, Texas, U.S., on Wednesday, March 9, 2022. F. Carter Smith | Bloomberg | Getty Images The annual CERAWeek by S&P Global energy conference in…
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Crude oil jumps with the U.S. set to ban Russian imports
Oil prices jumped to their highs of the session with the U.S. set to ban Russian oil imports. WTI crude oil rose 7.4% to trade at $128.28 per barrel. Brent crude oil, the international benchmark,…
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Energy giant Shell to end partnership with Russia’s Gazprom as Ukraine conflict intensifies
The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell said Monday…
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Hydrogen generation could become $1 trillion market: Goldman Sachs
The pump of a hydrogen refueling point at a gas station in Berlin, Germany, on Wednesday, Aug. 25, 2021. Krisztian Bocsi | Bloomberg | Getty Images Hydrogen has an important role to play in any…
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The biggest battle over Big Oil’s future has begun
(GERMANY OUT) Germany Berlin – Shell petrol station with solar plant (Photo by Schöning/ullstein bild via Getty Images) ullstein bild | ullstein bild | Getty Images The surprise win earlier this year by activist firm…
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California moves to ban oil wells within 3,200 feet of homes, schools
Surrounded by local, state and national officials, California Governor Gavin Newsom speaks during a news conference at Bolsa Chica State Beach in Huntington Beach, site of the the recent offshore oil spill, on Tuesday, October…