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The move appears to signal an end to the government's effort to sell oil from a strategic reserve to help tamp down energy prices, which soared after Russia's invasion of [...]

Byline: Clifford Krauss As its influence grows, the country is poised to become a big energy supplier to Europe, which has turned away from Russia after its invasion of Ukraine. [...]

As its influence grows, the country is poised to become a big energy supplier to Europe, which has turned away from Russia after its invasion of Ukraine. Russia's war in [...]

''I will not compromise on the availability of power,'' India's energy minister has declared in defense of fossil fuel use, which is heavily subsidized. In the shadow of a retired [...]

Byline: Emily Schmall and Clifford Krauss 'I will not compromise on the availability of power,' India's energy minister has declared in defense of fossil fuel use, which is heavily subsidized. [...]

The U.S. benchmark oil price fell to about $80 a barrel on Friday, and gasoline prices in some states are now close to $3 a gallon. HOUSTON -- Saudi Arabia [...]

Byline: Clifford Krauss Russia's invasion of Ukraine is one reason that the fuel is scarce. Another is a series of yearslong, intertwined events that cover the globe. HOUSTON - Gasoline [...]

Russia's invasion of Ukraine is one reason that the fuel is scarce. Another is a series of yearslong, intertwined events that cover the globe. HOUSTON -- Gasoline prices have dropped [...]

China is poised to take advantage of the global urgency to tackle climate change. It is the world's dominant manufacturer and user of solar panels and wind turbines. It leads [...]

Byline: Keith Bradsher and Clifford Krauss China is poised to take advantage of the global urgency to tackle climate change. It is the world's dominant manufacturer and user of solar [...]

The president has been eager to redirect public anger over gas prices as Democrats try to keep power in Congress in the midterm elections. WASHINGTON -- President Biden threatened on [...]

Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn. The good times are back [...]

Two enormous vessels tethered to a pier in the Eemshaven harbor in the Netherlands form the centerpiece of this country's riposte to Russia's throttling energy supplies to Europe. On a [...]

Byline: Stanley Reed and Clifford Krauss Two enormous vessels tethered to a pier in the Eemshaven harbor in the Netherlands form the centerpiece of this country's riposte to Russia's throttling [...]

Byline: Clifford Krauss Reduced global demand may offset any supply cut by OPEC and its allies. Even if Saudi Arabia and other leading oil-exporting countries cut their production targets this [...]

Reduced global demand may offset any supply cut by OPEC and its allies. Even if Saudi Arabia and other leading oil-exporting countries cut their production targets this week, spurning U.S. [...]

Byline: Clifford Krauss The administration's move has brought down gasoline prices. Some experts say continued withdrawals could test the nation's energy security. Since Russia's invasion of Ukraine, President Biden has [...]

The administration's move has brought down gasoline prices. Some experts say continued withdrawals could test the nation's energy security. Since Russia's invasion of Ukraine, President Biden has overseen the largest [...]

Byline: Clifford Krauss Offshore gas fields in the Mediterranean could become one of several new energy sources for European countries as they seek independence from Russia. Israel and Lebanon have [...]

The U.S. benchmark oil price fell below $80 a barrel for the first time since the start of the year. The U.S. benchmark oil price tumbled below $80 a barrel [...]

Byline: Clifford Krauss The two oil-producing countries have extended their partnership even as the United States and Europe have sought to punish and isolate Russia for invading Ukraine. As Russia [...]

The two oil-producing countries have extended their partnership even as the United States and Europe have sought to punish and isolate Russia for invading Ukraine. As Russia massed troops on [...]

A judicial panel ruled the energy giant had not properly consulted local communities, possibly setting a broader precedent for challenges to offshore drilling activities. JOHANNESBURG -- In a case that [...]

LEGAL Judge Blocks Part of Law On Diversity Training A federal judge on Thursday blocked a key provision of Florida's ''Stop WOKE Act'' aimed at private businesses. The ruling came [...]

Byline: Clifford Krauss Oil is under $90 a barrel, and consumers are benefiting. Geopolitics, the economy and unforeseen events will determine whether the relief will last. When Russia invaded Ukraine [...]

Oil is under $90 a barrel, and consumers are benefiting. Geopolitics, the economy and unforeseen events will determine whether the relief will last. When Russia invaded Ukraine last spring, energy [...]

Byline: Clifford Krauss A four-week decline has offered some relief to drivers. Weather, war and demand will influence how long the decline lasts. HOUSTON - Gasoline prices, on an upward [...]

A four-week decline has offered some relief to drivers. Weather, war and demand will influence how long the decline lasts. HOUSTON -- Gasoline prices, on an upward tear for months, [...]

China's lockdowns have dimmed demand prospects, and Russia has kept supplies flowing despite Western sanctions. Crude oil prices plunged more than 7 percent on Tuesday as the American and world [...]

ENERGY Benchmark Price for Oil Drops Below $100 a Barrel The global benchmark for oil dropped below $100 a barrel on Wednesday for the first time since late April as [...]

Regular gasoline costs 50 percent more per gallon than a year ago, as supply and demand in international energy markets reverberates throughout the economy. This holiday weekend, it cost drivers [...]

As summer trips beckon, some are traveling less, at least by car. And those candy bars at the convenience store may find fewer takers. KATY, Texas -- Most Americans would [...]

Byline: Clifford Krauss, Alexandra Stevenson and Emily Schmall Their purchases of Russian crude are undermining the West's efforts to isolate the Kremlin and upending the global oil markets. As Russia [...]

Their purchases of Russian crude are undermining the West's efforts to isolate the Kremlin and upending the global oil markets. As Russia tries to break the stranglehold of sanctions, China [...]

Byline: Victoria Kim, Clifford Krauss and Anton Troianovski With China and India buying the Russian oil shunned by the West in an effort to force an end to the Ukraine [...]

With China and India buying the Russian oil shunned by the West in an effort to force an end to the Ukraine invasion, Moscow is earning more now than it [...]

How much people pay for gas is the result of trading on a sprawling international market. Like many other facets of the global economy, it comes down to a matter [...]

In a letter to seven large energy firms, the president said excessive margins were ''worsening that pain'' for American consumers. WASHINGTON -- President Biden chastised some of the largest oil [...]

Officials said fire damage at the Freeport LNG terminal in Texas would take months to repair, blocking exports to Europe and elsewhere. HOUSTON -- Ever since Russia invaded Ukraine in [...]

The unrelenting march higher continues as the average price touches a new milestone, according to AAA. HOUSTON -- Gasoline prices reached a grim milestone on Saturday, as the national average [...]

Byline: Clifford Krauss The president's trip to Saudi Arabia is unlikely to reduce oil and gasoline prices, and it is not clear that anything else he might do would work, [...]

The European oil company has been expanding into green energy even as many U.S. energy giants have kept their focus on fossil fuels. HOUSTON -- Shell said on Tuesday that [...]

The president's trip to Saudi Arabia is unlikely to reduce oil and gasoline prices, and it is not clear that anything else he might do would work, either. HOUSTON -- [...]

Byline: Clifford Krauss The effort could hurt Russia but could also help drive up already high oil prices, hurting the global economy and enriching energy companies. HOUSTON - The European [...]

The effort could hurt Russia but could also help drive up already high oil prices, hurting the global economy and enriching energy companies. HOUSTON -- The European Union's embargo on [...]

A gallon has jumped by about 50 cents over the last month as Russia's war in Ukraine has continued to unsettle the global energy market. HOUSTON -- With the Russian [...]

The average gallon of regular fuel reached $4.37. But West Texas crude fell below $100, a decline of roughly 10 percent since the weekend. With the summer driving season approaching, [...]

Byline: Clifford Krauss Climate concerns, investor reticence and political disputes complicate a shift to supplies from the United States, North Africa and the Mediterranean. HOUSTON - Russia's natural-gas supplies have [...]

Climate concerns, investor reticence and political disputes complicate a shift to supplies from the United States, North Africa and the Mediterranean. HOUSTON -- Russia's natural-gas supplies have become a tool [...]

Despite pleas from the Biden administration for more supply, both companies said their global production fell in the first three months of the year. Exxon Mobil and Chevron, the largest [...]