The shale revolution of the 2010s catapulted the United States to the top of the global energy food chain. Yet the view from the top has been awfully lonely for investors.
The plan unveiled just last week by OPEC and allied oil producers to prop up crude prices could fall flat.
America's abundance of crude oil and natural gas is forcing Chevron to slash the value of its energy portfolio.
OPEC, Russia and other oil producing nations have agreed to deeper production cuts in an attempt to support crude prices in the face of a looming supply glut mainly due to booming US output.
OPEC and its allies have reportedly agreed to deepen its production cuts by 500,000 barrels per day in an attempt to support crude oil prices in the face of booming U.S. output.
Kering, the owner of luxury brands including Gucci and Yves Saint Laurent, has held exploratory talks to buy Italian apparel company Moncler, according to Bloomberg.
OPEC and its allies are once again being forced to consider dramatic action to avert a crash in oil prices.
By any measure, America's rapid expansion to a record 12 million barrels of oil output a day has been a global game-changer.
Saudi Arabia's state oil monopoly makes more money than any other company on Earth. But low oil prices, the climate crisis and geopolitical risk could deter investors from buying into the partial privatization of Saudi Aramco.
ExxonMobil is finally cashing in on America's shale oil boom. But soft crude prices are dinging the oil giant's bottom line.
The United Kingdom once hoped that fracking would unlock its shale energy reserves, enhancing the country's energy security and creating jobs and new tax revenues in the process. That now looks unlikely to ever happen.
The Dow and broader stock market rallied again on Friday after US President Donald Trump said the United States and China reached a preliminary trade agreement.
Global markets broadly pulled higher on Friday, led by Hong Kong, as optimism grew about US-China trade talks and reports of damage to an Iranian oil tanker sent energy stocks spiking.
Gasoline prices have spiked in California, soaring well above what most Americans are paying at the pump. In some locations, Californians are paying $5 for a gallon of gas.
Stocks had a volatile session Friday, as investors responded to mixed economic data and reports that the White House is weighing whether to limit investment flows into China.
Stocks finished mixed Thursday, as investors come to grips with the Federal Reserve forecasting no further interest rate cuts this year.
Iranian President Hassan Rouhani has again denied responsibility for weekend attacks in Saudi Arabia and slammed US accusations against Tehran as "maximum slander."
Oil prices dropped sharply Tuesday, following Monday's surge that sent shock waves around the world.
Oil prices pulled back slightly during Asian trading hours Tuesday as investors continue to watch for fallout from the weekend's devastating attack on Saudi Arabia's crude production.
TINA (There Is No Alternative) has become a popular mantra on Wall Street.
American drivers have gotten used to relatively low gasoline prices. But that will probably change. Crude oil prices are rising after attacks on oil fields in Saudi Arabia over the weekend.
Oil prices spiked Monday after a devastating attack on the heart of Saudi Arabian oil production over the weekend shocked markets and could disrupt the global supply of crude for some time.
The United States is in the middle of a major energy boom. But American shale producers can't quickly fill the supply gap left by this weekend's attacks on Saudi Arabia.
Attacks on major oil plants in Saudi Arabia have shaken up global oil markets and complicated the already strained relations between the kingdom and its regional arch-rival Iran. Get up to speed fast here: