Oil prices

Gas prices in the U.S. rose to historic highs the same day Russia and Saudi Arabia agreed to extend their voluntary oil production cuts.

Gas prices at historic highs as Russia, Saudi Arabia extend oil cuts

Secretary of State Blinken arrived in Kyiv Wednesday as part of an unannounced visit to meet with Ukraine's president Volodymyr Zelensky.

Blinken’s unannounced Ukraine visit: The Morning Rundown Sept. 6, 2023

A new Reuters report found Russia has been relying on an increasing number of little-known trading firms to help ship oil in recent months.

Russia relying on small trading firms to ship oil in face of sanctions

The latest crude production cuts from a group of major oil producing countries led by Saudi Arabia may not hurt as much as previous cuts.

Small oil producers undermine OPEC’s crude-cutting efforts to keep prices high

Russia will be cutting its oil production by 500,000 barrels. It is retaliation against countries backing Ukraine in the war.

Russia to slash oil production in March by 500,000 barrels per day