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The India-flagged oil tanker Desh Ujaala is pictured in the Gulf waters near Al-Basrah Oil Terminal (ABOT), about 50 kilometres offshore of Iraq’s southern Faw peninsula, on August 5, 2025. Hussein Faleh | AFP | Getty Images U.S. President Donald Trump said Wednesday that Indian Prime Minister Narendra Modi told him New Delhi will stop … Read more
Travis Hutchison, a soybean farmer, unloads his cargo from his family’s truck at a local grain dealer in Queen Anne, Maryland, on Oct. 10, 2025. Roberto Schmidt | AFP | Getty Images President Donald Trump on Tuesday said his administration is considering “terminating business with China having to do with Cooking Oil” in retaliation for … Read more
Oil prices were little changed in early Asian trade on Friday after falling more than 1% in the previous session. Chunyip Wong | E+ | Getty Images U.S. crude oil fell 4% on Friday, after President Donald Trump threatened China with higher tariffs in retaliation for Beijing imposing stricter export controls rare earth minerals. U.S. … Read more
Wall Street is taking a pause as U.S. stocks and even the price of gold make only modest moves near their record highs. The S&P 500 rose 0.1% in the first few minutes of trading Thursday. The index is coming off its eighth gain in the last nine days. The Dow Jones Industrial Average rose … Read more
An aerial view of Chevron crews attempting to extinguish a large fire and explosion that occurred at Chevron Refinery in El Segundo Thursday, Oct. 2, 2025. Allen J. Schaben | Los Angeles Times | Getty Images A huge fire broke out on Thursday night at a Chevron oil refinery in California, one of the largest … Read more
Shotbydave | E+ | Getty Images U.S. oil companies are cutting jobs by the thousands as they respond to falling crude prices, higher tariffs, and a wave consolidation in the industry. President Donald Trump promised boom times for oil and gas when he took office in January. Instead, the industry has shed 4,000 positions through … Read more
The truck that arrived ahead of schedule at Allyssa Canoy’s home in Fairbanks brought enough heating fuel for the frigid winter months ahead — and a surprise bill for $2,600. Canoy and her two sons have checks arriving that will cover that expense and leave some money for the boys, too. Starting Thursday, Alaska plans … Read more
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images Five months ago, British energy major BP was firmly in the spotlight as a prime takeover candidate. Now, not so much. Shares of the London-listed oil giant have climbed more … Read more
U.S. President Donald Trump speaks during the 80th session of the United Nations General Assembly (UNGA) at the UN headquarters on Sept. 23, 2025 in New York City. Chip Somodevilla | Getty Images Shale oil executives say President Donald Trump is hurting investment in the oil patch, and are giving a grim outlook for the … Read more
NEWYou can now listen to Fox News articles! President Donald Trump on Thursday said Turkish President Recep Tayyip Erdoğan could prove hugely influential in ending Russia’s war in Ukraine “if he wants to.” Trump, who in recent weeks has increasingly demanded that NATO allies cease all Russian oil purchases to block funding for Russian President Vladimir … Read more
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