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Oil prices traded at the highest levels in more than seven years Tuesday, in part on hopes of a global economic recovery ramping up...
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Oil prices traded at the highest levels in more than seven years Tuesday, in part on hopes of a global economic recovery ramping up...
Energy prices soared in 2021 — with gas, oil, coal, electricity and carbon all shooting higher.
World stock markets rebounded Tuesday from a fierce Omicron-fuelled selloff, but natural gas prices spiked to record peaks.
ExxonMobil released a plan that aims to double oil company's profits by 2027 as it expands lower-emissions investments.
Asian markets mostly rose while oil prices bounced as traders assess the outlook for the global economy.
OPEC holds a key output meeting facing new challenges as the Omicron coronavirus variant has roiled markets.
Asian markets fell again Monday but oil rebounded strongly as investors try to assess the threat of the new Omicron Covid strain.
Asian markets fell Wednesday as investors extended a run of weakness, with inflation worries and expectations of tighter central bank monetary policy the centre...
President Joe Biden announced Tuesday he has ordered the release of 50 million barrels of oil from the US strategic reserves.
British pensioner Doreen Thompson wears extra layers of clothes in her two-bedroom apartment outside London to avoid turning the heat on since her utility...