Clash of titans: How Saudi-Russian fight is melting markets

FRANKFURT, Germany (AP) — A clash of the oil titans - Saudi Arabia and Russia - is sending shock waves through energy markets, with wide-ranging implications for consumers and oil companies, including...

S&P 500 index drops 7%, triggering a 15-minute trading halt as oil price plunges

NEW YORK (AP) — Stocks plunged 7% on Wall Street Monday, triggering a trading halt for 15 minutes. The steep drop followed similar falls in Europe after a fight among major crude-producing count...

Africa shouldn't need to beg for climate aid: Bank president

ADDIS ABABA, Ethiopia (AP) — Africa shouldn’t have to beg for help in addressing climate change, the president of the African Development Bank said Tuesday, adding that polluting global powers “have t...

Climate activists from African nations make urgent appeal

STOCKHOLM, Sweden (AP) — Ugandan climate activist Vanessa Nakate and peers from other African nations on Friday made an urgent appeal for the world to pay more attention to the continent that stands t...

Stocks open broadly higher on Wall Street, adding to gains

NEW YORK (AP) — Stocks are off to a bullish start on Wall Street as traders welcome some good company earnings reports and a solid increase in retail sales last month. Morgan Stanley jumped 7.2% in ea...

Oil price keeps rising, industry frets over Iran-US conflict

PROVIDENCE, Rhode Island (AP) — The global benchmark for crude oil rose above $70 a barrel on Monday for the first time in over three months, with jitters rising over the escalating military tensions ...

Australia battles 'catastrophic' wildfires as PM rushes home

PERTH, Australia (AP) — Australia’s most populous state was paralyzed by “catastrophic” fire conditions Saturday amid souring temperatures, while one person died as wildfires also ravaged the country’...

AP Explains: Iran gas price protests quickly turn violent

DUBAI, United Arab Emirates (AP) — Protests over gasoline prices have swept across some 100 cities and towns in Iran, turning violent faster than widespread economic protests in 2017 and rallies over ...

World's thirst for oil to keep growing until 2030s

PARIS (AP) — An important global energy forecast says the world's thirst for oil will continue to grow until the 2030s and climate-damaging emissions will keep climbing until at least 2040. ...

World's renewable energy capacity set to increase by half in 5 years

TAIPEI (Taiwan News) — The International Energy Agency's (IEA) Renewables 2019 market report was released Monday (Oct. 21) and predicts the world’s renewable-based power capacity will ...

Oil price jumps after missiles hit Iranian tanker

LONDON (AP) — Energy prices are up after an apparent attack on an Iranian tanker revived concerns about instability in the oil-rich region. The international benchmark for oil rose 1...

OPEC weighs extension of output cuts amid slackening demand

VIENNA (AP) — The oil producers' cartel, OPEC, is considering a six- to nine-month extension of its current deal to cut production, facing a weaker demand outlook due to slowing global growth. ...

Energy stocks swing with economic signals, Mideast tensions

NEW YORK (AP) — Energy stocks have gone along with oil prices on a wild ride this quarter. Oil prices steadily rose through April and then sank as the trade war between the U.S. and ...

International Energy Agency: nuclear needed for climate goal

BERLIN (AP) — The International Energy Agency says the premature closure of nuclear power plants and failure to build new ones could make it harder to meet global targets for cutting greenhouse gas em...

CEO of oil group sees no slowdown in US production

The U.S. oil and gas industry is praised by supporters for boosting America to the forefront of global production and attacked by critics who blame it for sowing doubt about the scientific consensus t...