Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

U.S. oil benchmark prices climbed roughly 7% to about $73 a barrel, the highest level since early April. U.S. government ...

Oil prices edged lower on Thursday, as traders assessed whether the previous day's jump to the highest prices in more than ...

Global stocks are falling and oil prices are spiking Friday as Israel's attacks on Iran's nuclear program and military ...

Stocks tumbled and oil prices surged on Friday in the wake of Israel's strikes in Iran. CBS News MoneyWatch correspondent ...

Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan ...

US Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the ...

US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to ...

If the conflict eliminates Iranian oil from the market, oil prices could spike by about $7.50 a barrel, according to Andy Lipow, president of Lipow Oil Associates, a consulting firm.