The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

California also imports its gasoline from faraway countries, such as Iraq and Saudi Arabia, which increases prices due to transportation costs.” ...

Gov. Gavin Newsom’s office is pushing back on claims made in a recent report that gas prices in California could surpass $8 per gallon by the end of 2026. The report, authored by Michael A. Mische ...

Trump’s agenda will likely include Israel-Gaza ceasefire talks, oil, trade, investment deals, and potential announcements on ...

Trump suggests cutting China tariffs to 80% ahead of key U.S.-China trade talks in Geneva. Follow Newsweek's live blog.

Professor Michael Mische with USC Marshall School of Business says the loss in supply from the closings plus predictions made ...

Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.

President Donald Trump is again kicking off a presidential term by traveling to friendly Gulf states to transact business, ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Experts outline several possible scenarios for the development of events and potential implications for Ukraine. In recent ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...