Read the latest news articles relating to the oil and gas industry.
U.S. benchmark crude-oil has climbed to its highest price of the year, topping $90 a barrel, with costs for diesel reaching the highest in months as U.S. inflation stays high — and consumers... Read more
Oil futures headed lower on Friday, with U.S. benchmark crude easing back after settling above $90 a barrel for the first time this year, but prices remain on track to score a third weekly g... Read more
The numbers: Industrial production rose 0.4% in August, the Federal Reserve reported Friday. The gain was above expectations of a 0.2% gain, according to a survey by the Wall Street Journal.... Read more
The numbers: The cost of imported goods rose 0.5% in August, marking the biggest increase in 15 months, largely because of higher oil prices. import prices rose for the second time in a row... Read more
Oil prices climbed to their highest level of the year this week, extending a rally that has put a return to $100 a barrel sharply into focus. Analysts at Bank of America said they believe oi... Read more
LAS VEGAS (KLAS) — A group of teenagers allegedly kidnapped a young man, drove out to Lake Mead and stabbed him several times before believing he was dead and driving off, documents said. La... Read more
For U.S. car buyers looking to save money, knowing whether an electric vehicle will be worth it isn’t always obvious. On one hand, EVs are usually more expensive compared with similar... Read more
The price of shares in oil-and-gas giant ExxonMobil advanced Thursday, seemingly unaffected by a Wall Street Journal report reviving what’s long been suspected to be a concerted effort among... Read more
The numbers: Sales at U.S. retailers rose 0.6% in August despite a hangover for internet stores after the Amazon Prime Day event, but most of the increase was tied to higher gasoline prices.... Read more
Oil producer group OPEC on Thursday sharply criticized the IEA’s forecast that demand for fossil fuels like coal, oil and gas will peak before the end of the decade. The IEA, the world... Read more