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
Five people were injured in the shooting involving multiple suspects. One person is currently listed in critical condition, the university said.
Indiana tightened its grip on the No. 4 playoff seed as Dallas fell into a tie for seventh after dropping seven of its last 10.
Friends say Latavia Davis was a teacher's aide and devoted church volunteer whose mentorship and kindness will leave a painful void.
Peter Licata visited an Elevate campus on Friday, noting strong classroom engagement and renewed energy across the district.
Democrats prepare counterprogramming as Republicans open free public ticket lottery and expand events outside the arena.
Five people were injured in the shooting involving multiple suspects. One person is currently listed in critical condition, the university said.
Indiana tightened its grip on the No. 4 playoff seed as Dallas fell into a tie for seventh after dropping seven of its last 10.
Friends say Latavia Davis was a teacher's aide and devoted church volunteer whose mentorship and kindness will leave a painful void.
Peter Licata visited an Elevate campus on Friday, noting strong classroom engagement and renewed energy across the district.
Democrats prepare counterprogramming as Republicans open free public ticket lottery and expand events outside the arena.
The reversal comes just weeks after an I-Team investigation showed contention over the disciplinary process.
A phone call from jail raised further suspicions that Carney targeted other girls.
More than 40 years after helping catch an ice cream truck driver who exposed himself to her, an Oklahoma woman testified against him in a Texas trial, helping secure a life sentence.
In 1991, a Plano girl was kidnapped and sexually assaulted. The same thing happened 8 years later in Dallas. Investigators found the same DNA on both victims.
Ashley Keith sat down with CBS News Texas for an exclusive interview, her first ever about her 1991 kidnapping.
The Republican National Committee spokesman, Zach Kraft, says the Party's special midterm convention at the American Airlines Center in Dallas will be the largest since the Party's 2016 national convention. So, larger than the RNC's convention in Milwaukee in 2024.
Kardal Coleman, Chairman of the Dallas County Democratic Party, is talking about the September Republican National Committee's midterm convention in Dallas and the Democratic Party's counter-activities. He also discusses the DNC meetings he's been attending in Austin.
Republican U.S. Rep. Pat Fallon says he agrees with constituents and Gov. Greg Abbott's stance on data centers in Texas. Fallon speaks on why he agrees with the President Trump administration's border security initiatives underway at Big Bend National Park.
Republican Texas Rep. Wes Virdell of McCollough County discusses his thoughts on the controversial construction by the Trump administration in the Big Bend National Park.
Democratic Candidate for Lt. Governor Vikki Goodwin discusses her concerns about data centers in Texas. She tells Jack Fink her thoughts on the controversial construction in the Big Bend National Park and her other campaign priorities.
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.
The Social Security Administration is expanding its list of diseases and other health conditions that may qualify for accelerated approval of disability benefits.
The notice from a U.S. government agency does not indicate in which stores the beef was sold.
Federal officials issued a public health alert for meat products containing jalapeños that may be linked to a salmonella outbreak that has sickened hundreds of people across at least 27 states.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
The project would include a new Dallas Stars arena, along with restaurants, shops and public spaces.
It's an annual Dallas tradition, but this year those pink Cadillacs are parking in Fort Worth.
A fairly new entertainment and food venue in Allen surprised a lot of people last week by suddenly shutting down.
The future of AI technology manufacturing has landed in North Texas.
Mayor Jim Ross said hotel revenue in the city was a record $31 million in June, smashing the previous mark of $23 million.
Rod Baker says his son, SaRod Baker, is part of a football team and a brotherhood. However, he knows his high school senior has something special.
Paige Bueckers scored all 22 of her points in the second half, and the Dallas Wings beat Toronto 94-88, handing the expansion Tempo their 10th consecutive loss.
The broadcasts for the three tune-up games will cause regular CBS programming to move to KTXA 21.
CBS Sports says it has no timeline for a decision on Romo, who is on indefinite leave following his July arrest. Meanwhile, JJ Watt is stepping in.
The Maumelle High football player wore the helmet for nearly an hour and was fortunate he wasn't bitten, animal services director Chris Davis said.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
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.
