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American oil tycoon accused of trying to conspire with OPEC to inflate prices
Consumer Watch

American oil tycoon accused of trying to conspire with OPEC to inflate prices

  • By Matt Egan, CNN
  • Updated May 2, 2024

New York (CNN) â€� Scott Sheffield, founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies t…

Good news: The worst could be over for gas prices this spring
Consumer Watch

Good news: The worst could be over for gas prices this spring

  • By Matt Egan, CNN
  • Updated Apr 30, 2024

New York (CNN) â€� Israel and Iran have been in open conflict. Ukrainian drones have repeatedly attacked Russian oil refineries. And OPEC contin…

The clean energy race could trigger the biggest mining deal in decades
Consumer Watch

The clean energy race could trigger the biggest mining deal in decades

  • By Anna Cooban, CNN
  • Updated Apr 26, 2024

London (CNN) â€� Mining giant BHP has made a near-$40 billion bid to take over its UK rival Anglo American in what would be the largest mining d…

US stocks tumble as investors awaits Israel’s response to Iran’s attack
Consumer Watch

US stocks tumble as investors awaits Israel’s response to Iran’s attack

  • By Laura He and Anna Cooban, CNN
  • Updated Apr 15, 2024

Hong Kong/London (CNN) â€� US stocks were rocked by hot economic data and worries about an escalation of tensions in the Middle East, with the D…

Activists helped shut down this oil refinery in Philadelphia. Now locals wonder what’s next
Consumer Watch

Activists helped shut down this oil refinery in Philadelphia. Now locals wonder what’s next

  • By Rachel Ramirez, CNN
  • Updated Apr 15, 2024

Philadelphia (CNN) â€� Bilal Motley, utilities manager at a former Philadelphia oil refinery, was working the graveyard shift when a massive exp…

Dow closes nearly 500 points lower on fears of potential Iranian attack on Israel
Consumer Watch

Dow closes nearly 500 points lower on fears of potential Iranian attack on Israel

  • By Krystal Hur, CNN
  • Updated Apr 12, 2024

New York (CNN) â€� US stocks ended the day sharply lower Friday as Wall Street worried about escalating tension in the Middle East and traders r…

Consumer Watch

Oil price surge is the No. 1 threat to the US economy, Moody’s economist warns

  • By Matt Egan, CNN
  • Apr 8, 2024

New York (CNN) � The US jobs market is on fire. Consumer spending is strong. And the economy is growing at a brisk pace.

Consumer Watch

Global oil price hits seven-month high as Middle East tensions rise

  • By Anna Cooban, CNN
  • Apr 2, 2024

London (CNN) â€� The global price of oil rose Tuesday to its highest level in seven months, propelled, in part, by concerns that mounting tensio…

Ukraine’s AI-enabled drones are trying to disrupt Russia’s energy industry. So far, it’s working
Consumer Watch

Ukraine’s AI-enabled drones are trying to disrupt Russia’s energy industry. So far, it’s working

  • By Vasco Cotovio, Clare Sebastian and Allegra Goodwin, CNN
  • Updated Apr 2, 2024

(CNN) â€� There’s a loud buzzing sound as a small silhouette approaches in the air. The noise is eerily reminiscent of Russian drone strikes on …

Surging gas prices just hit a significant milestone
Consumer Watch

Surging gas prices just hit a significant milestone

  • By Matt Egan, CNN
  • Mar 18, 2024

New York (CNN) � Gas price inflation is back.

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