Oil is once again making headlines. This week, the United Arab Emirates (UAE) made the shock decision to leave the Organisation of the Petroleum Exporting Countries (OPEC). OPEC is network of ...

In a world of wild talk and fake news, help us stand up for the facts.

NEW YORK, April 27 (Reuters) - Oil prices climbed about 3% to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz remained limited, ...

This is read by an automated voice. Please report any issues or inconsistencies here. JUNEAU, Alaska — The U.S. government plans another oil and gas lease sale for Alaska’s Arctic National Wildlife ...

NEW YORK (AP) — Oil prices are climbing Monday following the latest rise of tensions between the United States and Iran, but the moves are more modest than they were earlier in the war. U.S. stocks, ...

The United States – not Iran, Saudi Arabia or any other Persian Gulf country – is the world's top crude oil producer. That may leave some wondering why gas prices here go up when there's a shortage ...

Crude oil prices plunged sharply on Friday as Iran's Foreign Minister Abbas Araghchi declared the Strait of Hormuz "completely open" for all commercial vessels for the remaining duration of the ...

President Trump said he expects a deal with Iran will be announced fairly soon, and said it would give the U.S. “free oil and free Hormuz Strait.” The president was asked about the economy and oil ...

SPRINGFIELD — The Illinois Senate on Wednesday advanced a measure without opposition that would establish a regulatory framework for electric bicycles, motorcycles and scooters, responding to the ...

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The U.S. Navy’s blockade on Iranian ports has stopped Iran’s oil exports for over 48 hours, cutting off a major supply channel to China. On Polymarket, crude oil hitting $90 by June 30 is at 25% YES ...