Oil Prices

Gas prices are rising in the majority of the U.S., with higher costs attributed to milder winter weather and higher fuel taxes in some states.

Russian President Vladimir Putin wants you to believe he can turn off the oil taps like he did with natural gas. The question, as ever, is whether he will run the risk of throwing a hand grenade into the global oil market at a time when Moscow needs all of the oil receipts it can get.

A leak in the pipeline in Kansas has spilled 14,000 barrels of oil.

The timing of the OPEC decision to cut oil production right before the U.S. midterms is drawing speculation.

The Kremlin said it would be announcing a temporary cut in production in response to the news.

The Biden administration said OPEC's decision to cut oil production is "shortsighted."

Around one in six American families are behind or have missed their utility payments, with prices for heating soaring an average of 17 percent in August.

After 99 days of falling prices at the pump, prices have crept up again in many states.

Soaring energy bills in Europe are expected to have a profound impact on household poverty and people's purchasing power.

Twenty-five states have recorded average prices of less than $4 a gallon as of Monday, according to data collected by GasBuddy.

Prices at the pumps have dipped since June, but will this trend continue as the U.S. enters a recession? Newsweek asks energy experts what might happen next.

A White House blog says recession is too narrowly defined, just as latest GDP figures are about to land. Some saw the post as an attempt to muddy the waters.

One driver who filled up at the station on Tuesday morning said her car broke down on the highway.

Prices are almost certain to spike due to a European Union decision to ban nearly all oil from Russia.

The president was widely criticized for greeting Saudi Crown Prince Mohammed bin Salman with a fist bump.

The reformed, MBS-era kingdom of Saudi Arabia shares core regional enemies with the United States.

The chain said it would offer Unleaded 88 gasoline for $3.99, more than 90 cents lower than the national average on Tuesday.

The average price of a gallon has dipped below $5 and the president is considering a fuel tax holiday. Does this mean the worst is behind us?

This week, former Bank of Canada Governor Stephen Poloz warned oil and gas prices may remain higher permanently and Canadians may have to adjust.

Consumers are selling everything from guns and game consoles to jewelry and family heirlooms to pay for basics.

The Russian president was addressing the annual St. Petersburg International Economic Forum on Friday.

Biden is looking for other paths to lower rising gas prices without sacrificing his promise to combat climate change.

The American Petroleum Institute's CEO called Biden's energy agenda "misguided," saying, "The American people need a different direction to solve this crisis."

Fans were distracted by the $6-and-up gas prices visible in the star's TikTok video that was meant to promote her new song.

Newsweek offers an analysis into what the EU oil ban could mean for gas prices in the U.S., as well as what it means for an already volatile energy market.

Oil and gas prices have surged to near-record levels in recent months. But who owns and regulates the oil and gas industry?

Drugs aren't expensive because they cost so much to make, or even because it takes a lot of money to invent a new pharmaceutical. They are expensive because Big Pharma benefits from monopoly protections.

The average cost of a gallon is now an eyewatering $4.49. Economists and other oil industry experts set out what needs to happen for prices to fall.

Whatever Russian President Vladimir Putin decides, Russia will be weaker and less wealthy as a result.

An expert weighs in after the Senate passed a bill to ban Russian oil and gas imports 100-0 and the House approved it with a 413-9 vote,