Spencer Kimball

Chevron produced 1.57 million barrels of oil and gas daily in the U.S. for the quarter, an increase of 35% during the same period last year.

Exxon Mobil’s first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.

Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.

Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.

The market looks somewhat bearish at the moment with global oil inventories rising, according to Goldman Sachs.

First Solar and six other manufacturers allege that companies in Cambodia, Malaysia, Thailand and Vietnam are dumping solar cells on the U.S. market.

The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran’s oil exports

Iranian Foreign Minister Hossein Amirabdollahian told NBC News the Islamic Republic does not plan to respond to Israel’s retaliatory strike launched Friday.

Investors seem to believe that Israel’s limited retaliatory strike has provided Iran with an off ramp to refrain from counterattacking.

Oil has sold off this week as traders unwind the geopolitical risk premium built into prices over the last two weeks.

U.K. Foreign Secretary David Cameron said Wednesday that “it’s clear the Israelis are making a decision to act” against Iran.

The bank warned the market reaction to Iran’s attack “may not reflect the medium-term economic and geopolitical implications.”

U.S. officials told NBC News that they expect an Israeli response to Iran’s attack to be limited in scope.

How Israel responds to Iran’s attack will be key to where oil prices move from here.

Ukraine’s drone attacks show how long-range drones with artificial intelligence can pummel energy infrastructure.

Iran launched more than 300 drones and missiles against military targets in Israel in an attack that President Joe Biden described as “unprecedented.”

Israel is preparing for a direct attack by Iran on southern or northern Israel as soon as Friday or Saturday, The Wall Street Journal reported.

Bob McNally, founder and president of Rapidan Energy, said global crude markets still have not factored in $10 of geopolitical risk.

The Federal Reserve is now expected to start reducing interest rates in September, much later than originally forecast.

Israel warned OPEC member Iran Wednesday it would attack the Islamic Republic if Tehran strikes Israel.