Oil prices rise sharply in market trading after attacks disrupt supply
Oil prices rose sharply when market trading began late Sunday over concerns that the supply from Iran and elsewhere in the Middle East would slow or grind to a halt.
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Oil prices rose sharply when market trading began late Sunday over concerns that the supply from Iran and elsewhere in the Middle East would slow or grind to a halt.
If you have travel plans this summer, expect to pay even more at the pump. Analysts say the nationwide the average price for regular gas is likely to be around $4 a gallon.
Rep. Dan Crenshaw, R-Texas is calling out the Biden administration on Twitter for asking OPEC to increase crude oil production.
As gasoline prices reach a seven-year high, the Biden administration is calling on OPEC and its allies to do more to combat rising energy prices.
The OPEC oil cartel and allied producing countries have confirmed their plans to return 2.1 million barrels per day of oil output.
North Texans are paying more at the pump. According to AAA Texas, the average price in the state is $2.64 for a gallon of regular unleaded.
Oil prices skyrocketed Monday after Pfizer revealed new coronavirus vaccine data that could offer hope to millions and clear some of the black clouds hovering over the energy industry.
Due to the COVID-19 outbreak, local and state governments have forced most businesses to close and most people to stay home, creating a massive glut of oil.
Oilfield service company Halliburton has announced it will institute a mandatory furlough for some 3,500 employees in Texas.
Exxon Mobil is boosting its projected growth of oil and gas production in the Permian Basin and says the field can be profitable even at lower crude prices.
Exxon Mobil is making a big bet on the future of exporting natural gas.
A rally in oil prices after a two-month slide indicates traders are betting that OPEC and its allies including Russia will agree to produce less crude.
Several states hit record production in August including Texas, which accounts for about 40 percent of U.S. crude
America's rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy.
Officials from major oil-producing nations are expected to agree this week to boost output, but just how much they will open the spigot remain a wild card.
President Donald Trump's decision to take the U.S. out of the Iran nuclear deal is hitting investors (and gasoline-buying Americans) where it hurts -- the oil market.
A global energy watchdog says booming production in the United States will meet 80 percent global growth in demand for oil over the next five years.
The average price of regular grade gasoline is unchanged nationally over the last two weeks, holding steady at $2.20 a gallon.
OPEC's decision to cut production gave an immediate boost to oil prices, but the impact on consumers and the U.S. economy is likely to be more modest and gradual.
OPEC now sees oil prices rising more slowly over the next few years than it had expected, as the oversupply of crude takes longer to work off.
The decline in U.S. oil production may not be as severe as expected just a month ago.
The price for a barrel of US Crude oil slipped to its lowest level in more than 6 years on Tuesday.
The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months.
Oil has averaged $96 a barrel over the past four years, fueling more drilling, more hiring, and bigger appetites in North Dakota, Texas, Oklahoma and elsewhere. Now oil has hit a rough patch, plunging to $80 from $107
"These folks in Texas are looking for leaders that have solutions for their problems," said Texas Democratic Party Chairman Kendall Scudder. "And that's what I'm wanting the party to do."
The Governor spoke days after Democratic candidate for Governor, State Representative Gina Hinojosa of Austin, blasted him on the issue.
Fort Worth police are investigating a deadly shooting that happened during a large gathering in southeast Fort Worth.
Brady Constantine isn't a one-man show. Crucial to carrying out his duties as Kendall County Emergency Services Director and Fire Marshal are the emergency responders within his reach. Certainly, good relationships with County officials help, too.
Riley Greene hit a two-run homer in the first inning, Jack Flaherty pitched three-hit ball over 5 2/3 innings and the Detroit Tigers beat the Texas Rangers 3-0 on Saturday.
Fort Worth police are investigating a deadly shooting that happened during a large gathering in southeast Fort Worth.
Brady Constantine isn't a one-man show. Crucial to carrying out his duties as Kendall County Emergency Services Director and Fire Marshal are the emergency responders within his reach. Certainly, good relationships with County officials help, too.
CBS Texas partners with the Bob Woodruff Foundation to support and honor America's veterans and support military families.
Take a closer look at how the flooding unfolded on July 4, 2025, and how the region is rebuilding.
Josh Abbott opens up about why he wrote the song, and the kind of healing he hopes it might offer the grief-stricken families.
Only about 7% of homes in Texas have flood insurance.
Payments for country club dues, luxury jet services, and even a reality show competition are not how you'd expect a community non-profit to use its donations.
An alleged leader of the operation was arrested in Europe and returned to the United States last week.
One year after catastrophic flooding in the Hill Country, Texas has installed new flood warning sirens in some areas, but an I-Team investigation found large parts of the state still lack outdoor warning systems.
Federal officials are warning that one of the world's largest sporting events could bring more than soccer fans.
"These folks in Texas are looking for leaders that have solutions for their problems," said Texas Democratic Party Chairman Kendall Scudder. "And that's what I'm wanting the party to do."
The Governor spoke days after Democratic candidate for Governor, State Representative Gina Hinojosa of Austin, blasted him on the issue.
David Hearn is accused of ripping out a piece of sealant on the bottom of the Reflecting Pool on June 19, U.S. Attorney Jeanine Pirro said.
The gang "has committed numerous attacks targeting civilians, law enforcement officers, and government officials," Secretary of State Marco Rubio said.
The event will take place on Sept. 9 -10 at the American Airlines Center, where President Trump spoke during his first campaign 10 years ago.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
Customers say they've gone to three, sometimes even four stores, to find a specific jersey.
Commercial air service from Collin County will take off in November with a flight to Fort Myers, Florida.
The bank is closing a call center at its Plano campus and laying off 244 workers as part of a consolidation effort.
Mayor Eric Johnson said in an announcement the bank is considering Dallas for a new hub that could bring thousands of jobs to the metroplex.
The city of Plano is on a roll, and Mayor John Muns said the key to the city's successes comes down to customer service.
Riley Greene hit a two-run homer in the first inning, Jack Flaherty pitched three-hit ball over 5 2/3 innings and the Detroit Tigers beat the Texas Rangers 3-0 on Saturday.
Serena Williams cited a knee injury behind her decision to withdraw from a doubles match at Wimbledon.
A confrontation between Egypt's coaching staff and a Dallas police officer at the team's hotel sparked a viral video ahead of a World Cup match.
Egypt and Australia will face off in the round of 32 at Dallas Stadium on Friday afternoon.
The Rangers matched a season high with 17 hits en route to their seventh victory in eight games.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
Two elite event designers shared their thoughts on how Taylor Swift's team might transform Madison Square Garden.
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
