World Oct 05 Ukraine claims its strikes have taken out more than half of Russia's oil refining capacity By Hanna Arhirova, Katie Marie Davies, Associated Press
World Oct 04 Major oil exporters agree to keep production steady in November The so-called OPEC+ subgroup — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman — will meet again on Nov. 1 to review conditions in the oil market. By Associated Press
Nation Sep 28 Watch 6:18 What Trump's rollback of fuel economy standards means for drivers The Trump administration is rolling back federal fuel economy standards for new vehicles. The move reverses policies meant to increase fuel efficiency to encourage greater use of electric vehicles. The boost for gasoline-powered vehicles comes as the war in Iran… By Amna Nawaz, Courtney Norris, Karina Cuevas
Economy Sep 24 Watch 8:42 How the diesel price spike is rippling through nearly every part of the economy A rapid surge in the price of diesel fuel is straining businesses and threatening to raise costs across the economy. It’s also putting pressure on President Trump to bring relief at the pump, including through a diesel export ban that’s… By William Brangham, Jackson Hudgins
Economy Sep 21 Fighting inflation likely to be 'painful,' Chicago Fed president says A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation. By Christopher Rugaber, Associated Press
Sep 11 Yemen's Iranian-backed Houthis seize an island in a key strait, opening a new front in the Iran war By Fatma Khaled, Samy Magdy, Cara Anna, Associated Press Yemen’s Iranian-backed Houthi rebels captured a strategic island at the southern entrance to the Red Sea, two officials said Friday, opening a new front in the Iran war and further threatening Saudi oil exports through one of the world’s key… Continue reading
Sep 05 U.S.-Venezuela oil deal won't reduce domestic gasoline prices anytime soon, experts say By Louis Jacobson, PolitiFact Oil experts told PolitiFact gains for consumers will not materialize any time soon, and would likely take years — long after November’s midterm elections. Continue reading
Sep 03 Proud of their oil, Venezuelans view major U.S. stake in their reserves as a surrender By Regina Garcia Cano, Associated Press A troubled nation’s pride took a bruising last week when acting President Delcy Rodríguez agreed to give the United States control of roughly one-fifth of Venezuela’s oil reserves – the largest in the world. Continue reading
Sep 02 Watch 5:07 Prolonged Iran war creating major dent in global economy, Cliff Kupchan says By Geoff Bennett, Dan Sagalyn To discuss the latest flare-up in the war with Iran and the impact on the global economy, Geoff Bennett spoke with Cliff Kupchan. He's chairman emeritus at the consulting company Eurasia Group and senior fellow at the think tank Center… Continue watching
Sep 02 U.S. oil giant Chevron confirms it will expand operations in Venezuela By Michelle Chapman, Regina Garcia Cano, Associated Press Oil giant Chevron confirmed that it will expand operations in Venezuela after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits. Continue reading