Explore

Trump blasts Exxon, Chevron for making 'too much money,' demands lower gasoline prices

Trump blasts Exxon, Chevron for making 'too much money,' demands lower gasoline prices

By Jarrett Renshaw and Sheila Dang WASHINGTON, Aug 3 (Reuters) - U.S.

Trump says Exxon, Chevron are 'making too much money' amid Iran war

Trump says Exxon, Chevron are 'making too much money' amid Iran war

President Trump called out the nation's two largest oil companies, accusing ExxonMobil and Chevron of "making too much money" during the Iran war.

The Latest: Trump says new talks are Iran's 'last chance' to make a deal

The Latest: Trump says new talks are Iran's 'last chance' to make a deal

President Donald Trump says newly planned talks with Tehran are the “last chance” for Iran to forge a deal and avoid an escalation of U.S. strikes on the country

Exclusive-White House set to extend Jones Act waiver as Trump hunts for cheaper gasoline

Exclusive-White House set to extend Jones Act waiver as Trump hunts for cheaper gasoline

By Jarrett Renshaw and Arathy Somasekhar WASHINGTON/HOUSTON, Aug 4 (Reuters) - The White House is expected to extend a waiver of the century-old Jones Act in the coming days, sources say, reaching for one of the few tools it has to try and hold down gasoline prices as President Donald Trump

Democrats lead Republicans on economy as Trump approval falls, Reuters/Ipsos poll finds

Democrats lead Republicans on economy as Trump approval falls, Reuters/Ipsos poll finds

By Jason Lange WASHINGTON, Aug 3 (Reuters) - Americans picked Democrats over Republicans as better stewards of the economy for the first time in nearly a decade in a Reuters/Ipsos poll, which also found their approval of President Donald Trump's performance falling to 35%.

Detroit Free Press

Michigan gas prices now highest in months, may keep rising

Michigan gas prices now highest in months, may keep rising

"The national average could reach its highest level ever recorded for this point in the calendar year," says an analyst at Gasbuddy.

Big oil companies continue to post banner profits as fighting in Iran drives prices higher

Big oil companies continue to post banner profits as fighting in Iran drives prices higher

Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher

Oil prices drop 5% to three-week low after Trump cancels attack on Iran

Oil prices drop 5% to three-week low after Trump cancels attack on Iran

By Scott DiSavino NEW YORK, Aug 3 (Reuters) - Oil prices fell about 5% to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.

Voters prefer Democrats over Republicans on economy for first time in a decade, Reuters/Ipsos poll finds

Voters prefer Democrats over Republicans on economy for first time in a decade, Reuters/Ipsos poll finds

By Jason Lange WASHINGTON, Aug 3 (Reuters) - Americans picked Democrats over Republicans as better stewards of the economy for the first time in nearly a decade in a Reuters/Ipsos poll, which also found their approval of President Donald Trump's performance falling to 35%.

Status of US-Iran talks uncertain as ship struck in Hormuz

Status of US-Iran talks uncertain as ship struck in Hormuz

DUBAI/WASHINGTON, Aug 4 (Reuters) - Conflicting signals from the United States and Iran over the status of talks to end their five-month-old war boosted uncertainty on Tuesday, with the latest attack on shipping in the Strait of Hormuz highlighting risks to global energy flows. U.S.

Oil prices drop after Trump orders US forces to hold off on new strikes against Iran

Oil prices drop after Trump orders US forces to hold off on new strikes against Iran

Oil prices fell sharply Sunday after President Donald Trump said he would order U.S. forces to hold off on new strikes against Iran

Middle East turmoil leaves gas prices exposed

Middle East turmoil leaves gas prices exposed

Typically, oil and gasoline prices peak in July or early August. The summer vacation driving season has peaked or is about to peak. Families with children will start to head home to get ready for the new school year. Days are getting shorter. But the rest of 2026 is uncertain. Oil prices were up ...