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Oil prices again soared on Thursday morning, showing signs of a tight global crude...

Oil prices continue to push closer to $60 Marcy de Luna, Houston Chronicle © Daniel Acker / Bloomberg A pumpjack operates above an oil well at night in the Bakken Formation on the outskirts of Williston, North Dakota. The price of oil soared closer to $60 a barrel Thursday morning on the back of shrinking U.S. crude stockpiles and adherence by OPEC and its allies to  production cuts. Popular Searches The price of the global benchmark, Brent crude, climbed past $59 a barrel before falling back during a choppy session. West Texas Intermediate, the U.S. benchmark, jumped past...

Oil companies push 'clean shale' amid Biden's moves on fossil fuels Kevin Crowley, Rachel Adams-Heard and Alix Steel, Bloomberg Feb. 1, 2021 FacebookTwitterEmail Pumpjacks operate on oil wells in the Permian Basin.Daniel Acker/Bloomberg American oil executives began a pushback against some of President Joe Biden’s climate policies by making the case that fossil fuels from U.S. shale have a lower carbon footprint than imports. Since taking office this month, the Biden administration has made swift moves to pause sales of oil and gas leases on federal land, cancel the Keystone XL pipeline an...

The Biden administration’s agenda is already causing shockwaves in corporate America, and the country’s leading carmaker is looking to get ahead of the curve.

The Biden administration’s agenda is already causing shockwaves in corporate America, and the country’s leading carmaker is looking to get ahead of the curve.