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
Prosecutors said jurors were shown recordings, messages,and testimony outlining how the former fire official coordinated the assault and later sought to target the victim again.
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
A federal judge denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center.
Mayor Eric Johnson added a meeting to the agenda to vote on whether to authorize the city manager to explore up to four sites to relocate City Hall.
The suspect, Victor Mata Villarreal, was wanted for attempted murder of a police officer after shooting at law enforcement during a vehicle chase earlier this week, officials said.
Four people required surgery while the five others have now been treated and released, according to Midland Memorial Hospital in Texas.
Prosecutors said jurors were shown recordings, messages,and testimony outlining how the former fire official coordinated the assault and later sought to target the victim again.
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Karmelo Anthony was sentenced to 35 years in prison for the fatal stabbing of Austin Metcalf.
A federal judge denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center.
Drivers towed from a Fort Worth CVS may be eligible for refunds after an I-Team investigation found questions over whether the tow company had authorization to operate in the lot.
Before striking a pipeline, causing a natural gas leak and subsequent explosion, an engineering firm did follow proper protocol to begin work at a Dallas apartment building.
A North Texas foster family says a legal gray area in Texas' Baby Moses law led to the child being returned to biological relatives.
As he battles terminal cancer, a Fort Worth fire captain says the state's workers' comp system has failed him — and he's far from alone.
A Kennedale couple says their leased solar panels stopped producing power and became a costly burden after years of unfulfilled promises.
A federal judge denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center.
Mayor Eric Johnson added a meeting to the agenda to vote on whether to authorize the city manager to explore up to four sites to relocate City Hall.
The Pentagon on Friday released a new group of documents and videos related to UFOs, or UAPs, with 72 more documents, images and recordings.
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center."
Multiple floors of the Pentagon were locked down for several hours Thursday morning and hazmat crews were deployed for what authorities had described as a "hazardous materials incident."
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.
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."
The most recent week of data from Dallas County Health and Human Services shows a 50% increase in positive flu cases.
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
Despite the costs and rules, fans are excited for the World Cup madness that's finally taking off.
After sharing management of the arena for decades, the Mavericks are now in full control.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
Expensive tickets, trouble getting visas and anti-American sentiment may all be contributing to underwhelming demand.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Paige Bueckers scored a season-high 31 points, Jessica Shepard had 17 points, 10 rebounds and seven assists, and the Dallas Wings beat the Phoenix Mercury 85-70.
Corey Seager homered and singled to lead the Texas Rangers to a 4-2 victory over the Kansas City Royals.
Despite the costs and rules, fans are excited for the World Cup madness that's finally taking off.
With 104 World Cup games being played in the U.S., Canada and Mexico, it's like "a Super Bowl every single day for five weeks," U.S. team captain Tim Ream told CBS News.
The U.S. men's national soccer team kicks off its 2026 FIFA World Cup campaign against Paraguay at SoFi Stadium on Friday.
Creative minds are coming together in North Texas.
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
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.
