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Oil prices tick higher
Oil prices tick higher as Russia-Ukraine tensions escalate
Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China and forecasts of a global oil surplus weighed on markets.
Oil Extends Gains on Ukraine-Russia Risks
Crude futures press higher as the market considers risks of escalation in the Ukraine-Russia conflict after Biden approved Ukraine's use of U.S.-supplied long-range missiles that could strike deeper into Russia.
Oil gains over 3% after U.S. approves Ukraine use of long-range missiles inside Russia
Oil futures climbed Monday, headed for their highest finish in more than a week after a weekend decision by President Joe Biden to allow Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia,
Oil Executive Chris Wright Picked
Oil Executive Chris Wright Picked as Next Energy Secretary
The CEO of Liberty Energy says there is no climate crisis, and is a vocal backer of the president-elect's plan to boost oil and gas production.
Trump makes picks for FCC chair and energy secretary
President-elect Donald Trump said he has selected Brendan Carr as chairman of the Federal Communications Commission, the current top Republican commissioner at the agency, and oil and gas industry executive Chris Wright as the next energy secretary.
Trump Picks Oil and Gas Executive as New Energy Secretary
President-elect Donald Trump announced that Chris Wright, the CEO and founder of Denver, Colorado-based Liberty Energy, will lead the Department of Energy in the new administration. “I am thrilled to
12h
Why Oil Companies Are Walking Back From Green Energy
As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind ...
10h
on MSN
Why Big Oil Doesn’t Mind Big Regulation
D onald Trump has promised to remove Biden-era regulatory barriers to drilling oil and gas, and that has become even easier ...
CNN
8h
Trump’s pick for fracker-in-chief will have a tough time pumping a lot more oil
Wright is among the industry’s most vocal supporters of fracking
oil
and natural gas and has said the world is not in the midst of an energy transition. But the American
oil
industry is already ...
16h
European oil giants step back from renewables path
Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on ...
1h
on MSN
'America first means commodities second': Oil and gas prices will tank under a Trump presidency, BofA strategist says
Trump's proposed tariffs will lead to a trade war, dampening energy demand and prices in the process, Bank of America's ...
23h
on MSN
What you need to know about ‘Landman,’ Taylor Sheridan’s new gritty Texas oil industry show
Taylor Sheridan’s hit western series “Yellowstone” may soon be coming to an end, but the producer’s latest offering “Landman” ...
1d
Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in ...
3d
on MSN
Gold vs. oil: Which commodity offers better returns?
Both gold and oil can offer solid returns, in different times and ways. Here's what investors should know now.
WXYZ
6h
Overnight crash involving semi causes oil spill, shuts down portion of I-696
A crash involving a semi-truck shut down a stretch of I-696, just east of Dequindre, overnight. Clean-up crews worked to ...
8h
What does Biden’s decision to allow Ukraine to use longer-range US weapons mean?
The U.S. will allow Ukraine to use American-supplied longer-range weapons to conduct strikes inside Russian territory.
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