Oil falls following surge in US gasoline inventories

Check out what’s clicking on FoxBusiness.com. Oil prices fell on Thursday after official figures showed a big increase in U.S. gasoline stocks, causing concerns about demand for crude weakening in…

Oil prices rise on stronger economic outlook, US stockpile draw

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased COVID-19…

Iran tankers with 3M barrels of crude oil head to Syria, defying US sanctions

Millions of crude oil barrels are on their way to Syria from Iran, violating U.S. sanctions. According to a civilian naval intelligence firm, there are four vessels with more than…

Oil prices slip after OPEC+ agree to ease output cuts

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. SINGAPORE – Oil prices edged down in early Asian trade on Monday after OPEC+ agreed last week to…

Oil steady as OPEC Saudi minister urges production caution

Former Shell Oil CEO John Hofmeister on oil prices and the Suez Canal blockage. Oil prices saw modest gains on Thursday as headlines from OPEC’s meeting start to roll in with Saudi…

Oil prices gain on expectations OPEC+ will keep lid on output

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Oil prices rose on the eve of meeting between OPEC and its allies, as investors were betting…

Suez Canal supply chain snafu likely to ‘untangle itself’ in ‘next week or so’: Ex-Shell Oil president

Former Shell Oil CEO John Hofmeister on oil prices and the Suez Canal blockage. The massive cargo ship blocking the Suez Canal has finally been freed and the supply chain…

Indonesia oil refinery: 5 injured, hundreds evacuated after blaze

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. JAKARTA- Indonesian state oil company Pertamina said on Monday it has shut its Balongan oil refinery in…

Oil spikes as White House eyes Suez Canal energy impact

The Heritage Foundation energy economist Nick Loris provides an update on the blockage in the Suez Canal and the impact it will have on energy markets. The shipping vessel stuck…

Oil trades higher as Suez Canal jam continues

The Cow Guy at AG Optimus Scott Shellady and former investment banker Carol Roth on energy, inflation and the ship blocking the Suez Canal. The price of oil is trading…