Oil and Gas

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‘Dangerous territory’: Investor Peter Boockvar warns recession is spreading to other parts of economy

There may be no escape from recession. The latest reports on housing and manufacturing, according to investor Peter Boockvar, suggest…

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Business

German energy giant RWE to burn extra coal as Russian gas supplies dwindle

An excavator photographed at a lignite mine operated by RWE on April 8, 2022. RWE says it wants to be…

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Business

National average for a gallon of gas drops below $4

A customer pumps gas at an Exxon gas station on July 29, 2022 in Houston, Texas. Brandon Bell | Getty…

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Business

The price of a pint is going through the roof. Here’s why UK beer costs are far outpacing inflation

LONDON — The average cost of a pint of beer in the U.K. has soared by 70% since 2008 —…

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Business

Oil tumbles as much as 10%, breaks below $100 as recession fears mount

Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul…

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Business

Biden opens the possibility of more offshore oil drilling in the Gulf of Mexico

An oil and gas drilling platform stands offshore as waves churned from Tropical Storm Karen come ashore in Dauphin Island,…

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Politics

Supreme Court ruling on EPA regulation of greenhouse gas emissions is a step backward in fighting climate change, experts warn

The Supreme Court ruled on Thursday to limit the Environmental Protection Agency’s ability to strictly regulate emissions from power plants,…

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Business

Even if oil hits $150 a barrel, J.P. Morgan’s Marko Kolanovic predicts stocks will reclaim 2022 highs

J.P. Morgan’s Marko Kolanovic predicts oil is surging higher — but so are stocks. Kolanovic, who serves as the firm’s…

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Business

Gas or renewables? With the world in an unprecedented energy crisis, top CEOs are searching for solutions

From the Covid-19 pandemic and supply chain shocks to rising inflation and Russia’s invasion of Ukraine, governments and businesses around…

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Business

Rising fuel costs are a massive problem for business and consumers — Here’s why they’re so high

A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guanguan…

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