President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread more
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
One of the largest earthquakes in Oklahoma rattled the Midwest on Saturday from Nebraska to North Texas, and likely will turn new attention to the practice of disposing oil and gas field wastewater deep underground.
The United States Geological Survey said a 5.6 magnitude earthquake happened at 7:02 a.m. Saturday in north-central Oklahoma, a key energy-producing region. That matches a November 2011 quake in the same region. No major damage was immediately reported.
People in Kansas City and St. Louis, Missouri; Fayetteville, Arkansas; Des Moines, Iowa; and Norman, Oklahoma, all reported feeling the earthquake. Dallas TV station WFAA tweeted that the quake shook their studios, too.
An increase in magnitude 3.0 or greater earthquakes in Oklahoma has been linked to underground disposal of wastewater from oil and natural gas production. State regulators have asked producers to reduce wastewater disposal volumes in earthquake-prone regions of the state. Some parts of Oklahoma now match northern California for the nation's most shake-prone, and one Oklahoma region has a 1 in 8 chance of a damaging quake in 2016, with other parts closer to 1 in 20.
A cluster of quakes in northwestern Oklahoma this year included a magnitude 5.1 earthquake, and several 4.7 quakes were felt last fall before regulators stepped in to limit disposal activity.
Saturday's quake was centered about 9 miles northwest of Pawnee, Oklahoma. Earlier this week, the same spot, which is about 70 miles northeast of Oklahoma City, saw a magnitude 3.2 temblor.
Sean Weide in Omaha, Nebraska, told The Associated Press that he'd never been in an earthquake before and thought he was getting dizzy. Weide said he and one of his daughters "heard the building start creaking" and said it "was surreal."