On Monday’s broadcast of the Fox Business Network’s “Evening Edit,” Rep. Kelly Armstrong (R-ND) stated that Americans are going to see energy prices jump due to the conflict in the Middle East and we can’t offset it easily because the
During an interview with the “Fox News Rundown” podcast released on Monday, Rep. Michael Waltz (R-FL) stated that while the unfreezing of Iranian funds under the prisoner swap brokered by the Biden administration was a terrible move, the Biden administration
The oil market has been rattled by worries that the Hamas attack could hurt global energy supplies.
The rogue governments of Iran, Syria, and Venezuela have signed an agreement to build an oil refinery in the former rebel stronghold of Homs, Syria, Iran’s Tasnim News Agency reported on Sunday.
The Mexican state-owned Petróleos Mexicanos (Pemex) oil company is evaluating ways to start charging Cuba for the multimillion-dollar oil shipments Mexico has been donating to the island nation’s communist regime, Bloomberg reported on Tuesday.
Britain approved new oil and gas drilling in the North Sea, a move environmentalists say will hurt attempts to meet climate goals.
OKLAHOMA CITY, Oklahoma — Democrat President Joe Biden’s administration’s “genuine hate” for fossil fuel producers and other traditional energy companies was at the forefront of a two-day-long summit on energy security here this week featuring top industry and business leaders and political voices from around the country.
California-based oil company Chevron is planning to boost its oil production in Venezuela by adding at least two new oil rigs in the country, Reuters reported Monday.
Two prominent Republican lawmakers are probing a series of lawsuits against major oil companies brought by the California law firm Sher Edling. Among the topics of the probe is the source of alleged dark money funding for the suits, with claims that Leonardo DiCaprio has indirectly funneled money into the effort through his environmental fund.
Political and energy industry leaders are convening for a two-day summit on energy security on Monday in what Sen. James Lankford (R-OK) told attendees is “the center of the energy universe.”
The Biden administration forecast that its sanctions against Russia would be crippling. To put it mildly, this has not worked out as planned.
Syrian dictator Bashar Assad is making his first visit to China since the beginning of the Syrian civil war in 2011.
On Wednesday’s broadcast of CNN’s “OutFront,” CNN Senior White House Correspondent Kayla Tausche reported that White House officials are taking “a wait-and-see approach” on gas prices “to see if, now that the economy is coming off of the peak travel and
On Monday’s broadcast of CNBC’s “Squawk on the Street,” Treasury Secretary Janet Yellen responded to a question on what action the Biden administration could take to combat rising oil prices by stating that they’ll keep watching the situation, but they
On Friday’s broadcast of CNN International’s “Quest Means Business,” economist and Queens’ College Cambridge President Mohamed El-Erian stated that getting inflation down to 2% is getting harder and headline inflation will “go higher with what’s going on in the oil
On Thursday’s broadcast of Bloomberg’s “Sound On,” White House Special Presidential Coordinator for Global Infrastructure and Energy Security Amos Hochstein stated that one reason why oil prices have surged and gas prices “is that Bidenomics works.” Because President Joe Biden’s policies
On Thursday’s broadcast of Bloomberg’s “Sound On,” White House Special Presidential Coordinator for Global Infrastructure and Energy Security Amos Hochstein stated that the Biden administration didn’t miss an opportunity to refill the Strategic Petroleum Reserve (SPR) when oil prices were lower because they
On the heels of Biden’s trip to Alaska, oil prices spike to highest level since last November.
The recapture provides an energy source and takes back an asset that Russia seized in 2015 and used to launch helicopters.
Venezuelan socialist dictator Nicolás Maduro arrived in China over the weekend as part of a six-day tour in the Asian nation. Maduro seeks to obtain renewed engagement and financing from the Chinese Communist Party and to garner support for Venezuela’s bid to join the China-led BRICS economic and security bloc.
Price are up in the corn-belt by 40 cents a gallon.
On Thursday’s broadcast of CNBC’s “Squawk Box,” CNBC Contributor and Managing Director and Global Head of Commodity Strategy for RBC Capital Markets Helima Croft stated that because President Joe Biden can’t lower oil prices by releasing a large amount of oil
On Wednesday’s broadcast of Bloomberg’s “Surveillance,” co-hosts Jonathan Ferro and Lisa Abramowicz said that the White House lacks a clear strategy for dealing with gas prices in the wake of Saudi Arabia and Russia extending oil production cuts and that we’re
The socialist Maduro regime sent a delegation to China seeking investments to reactivate and boost Venezuela’s run-down oil industry.
The Economic Community of Central African States (ECCAS) suspended Gabon’s membership after a coup removed President Ali Bongo.
On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” FOX Business Contributor and Price Futures Group Senior Account Executive Phil Flynn stated that consumers will feel the rise in crude oil prices in the wake of Saudi Arabia and Russia
Socialist dictator Nicolás Maduro offered Venezuela’s vast oil reserves to the BRICS economic and security bloc on Thursday, hoping to entice the China-led coalition to eventually accept the rogue socialist nation in the group.
CARACAS, Venezuela — The administration of American President Joe Biden is holding talks with socialist dictator Nicolás Maduro that could lead to a temporary lifting of oil sanctions in exchange for “free and fair elections” in Venezuela, according to reports published by Bloomberg and Reuters on Wednesday.
The first Republican primary debate included exchanges with Haley and Burgum that highlight the perils of paying China for “green energy.”
Former OPEC president Diezani Alison-Madueke has been charged with bribery offences, the UK National Crime Agency said on Tuesday.
Russian tankers that would normally carry oil to European customers are instead being rerouted through the Arctic to China, according to an OilPrice report Friday.
The Biden administration on Thursday struck a deal with Iran to unfreeze $6 billion in Iranian financial assets, and release a “handful” of Iranian nationals jailed for violating U.S. sanctions, in exchange for five Americans who were taken prisoner by Iran on highly dubious charges of espionage.
During an interview with The Weather Channel that is set to air on Wednesday, a portion of which aired on Tuesday, President Joe Biden said that he “wanted to stop all drilling on the East Coast and the West Coast
BEDMINSTER, New Jersey — Former President Donald Trump, the leading Republican candidate for president in 2024, told Breitbart News exclusively in a long-form video interview of his major policy vision for a return to the White House should voters send him back to the Oval Office next year.
America can be energy independent again with the right leadership and policies in place, Harold Hamm, founder and chairman of Continental Resources and the author of Game Changer Our Fifty-Year Mission to Secure America’s Energy Independence, told Breitbart News Saturday during a comprehensive discussion on U.S. energy policy in America.
A Russian government document shows military spending doubling to over $100 billion for 2023 as the invasion of Ukraine grinds on.
CARACAS – Venezuela’s oil exports rose in July to the highest levels in almost three and a half years thanks to new supply contracts and increased oil shipments by California-based Chevron, Reuters reported on Wednesday.
Protesters scaled PM Sunak’s historic country home, draping it black in a protest against the government allowing new oil drilling this week.
On Mondayy’s broadcast of MSNBC’s “José Díaz-Balart Reports,” NBC News Correspondent Steve Patterson acknowledged that cuts in oil production are “one of the biggest contributing factors” in the recent spike in oil prices, but another major factor is “long-term, we’ve
During a portion of an interview with Spectrum News Washington Correspondent Corina Cappabianca aired on Spectrum News Columbus on Monday, GasBuddy.com Head of Petroleum Analysis Patrick De Haan said that refilling the Strategic Petroleum Reserve (SPR) is pushing up oil prices.