oil

Oil Prices Jump As Israel And Iran Go To War

Why a war in the Middle East hasn't sparked an oil crisis

5:00am June 25, 2025

Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, but it was short-lived — unlike oil crises of the past.

Why is China so concerned about Israel-Iran tensions?

4:05pm June 24, 2025

China is closely watching whether Israel and Iran can broker a ceasefire. Beijing gets much of its crude oil imports from Iran through a "dark fleet" of vessels to evade American sanctions.

Queue Listen Now

Gas Prices Rise With Oil As Inflation Jumps To A 6 Month High

Oil prices jump and stocks tumble following Israel's attack on Iran

12:01pm June 13, 2025

Israel's attack on Iran sparked the biggest jump in crude oil prices since Russia's invasion of Ukraine more than three years ago. Stocks fell sharply.

Gas Prices Hit 3-Year Low As Millions Of Americans Hit The Roads For Thanksgiving

Why oil prices are falling and what it means for the economy

5:36pm May 06, 2025

by Camila Domonoske

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.

Queue Listen Now

Why a tiny bit of oil can be a big deal

5:00am March 26, 2025

More than three-quarters of U.S. wells make just 6% of the country's oil. They're called marginal wells because of their small output. But they're a big deal to oil producers and environmentalists.

Global Market Could See 'Staggering' Oil Glut By End Of Decade

Trump has declared a 'national energy emergency.' What does that mean?

1:54pm January 20, 2025

President Trump made energy a top priority on his first day in office, declaring a national emergency – which no president has ever done before. The implications aren't clear.

Queue Listen Now

Biden makes an 11th-hour move to block coastal oil drilling

4:16pm January 06, 2025

President Biden has issued an executive order blocking drilling for oil in more than 625 million acres of U.S. ocean. It's the largest such move in history, but is almost guaranteed to be challenged under the incoming Trump administration.

Queue Listen Now

U.S. Oil Production On Pace For Record-Breaking Year

Under Trump, an 'all of the above' energy policy is poised for a comeback

5:00am December 09, 2024

Trump promised to "drill, baby, drill." What does that actually mean for the U.S. oil and gas industry – and other types of energy, too?

Queue Listen Now

Tensions are rising in the Middle East, but the rise in oil prices is muted – so far

4:26pm October 03, 2024

by Camila Domonoske

Crude oil prices have risen as Iran and Israel trade attacks, but not as much as you might expect. One reason? OPEC+ could pump a lot more oil if it wanted to.

Queue Listen Now

Gas prices are down. We could be headed for lows not seen since 2021

5:00am August 23, 2024

Pump prices having been falling all summer, and as Labor Day approaches, they're 47 cents lower than this time last year. Some analysts see $3 gasoline in our future.