Camila Domonoske
Stories
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National
Big oil companies cut business ties with Russia
BP, Equinor and Shell have all announced they are terminating their ties to the Russian oil industry — a move that will cost them billions of dollars.
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Business
The U.S. and 30 other nations are releasing oil from reserves to try to calm markets
Oil-consuming nations will bring 60 million barrels of crude out of storage and onto global markets. It's supposed to calm oil prices down, but global crude went up on the news.
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Business
Biden sanctions spare Russia's energy sector. What that means for OPEC talks
The ongoing crisis in Ukraine has created volatility on global oil markets. The oil cartel OPEC+ has a meeting this week to discuss their output.
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Business
Oil surges past $100 a barrel after Russia invades Ukraine
Oil surged past triple-digit prices for the first time since 2014. The breach of the psychologically significant milestone is bound to reinforce fears about inflation.
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Business
Oil prices are surging toward $100 a barrel. Here's what that means for you
The threat of war between Russia and the Ukraine is driving prices sharply higher, but there's more at play than just geopolitical tensions.
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Business
How China dominates the electric vehicle supply chain
The entire auto industry is making a massive pivot to electric vehicles. The world is going to need a lot more batteries. And China dominates the supply chain.
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Business
Automakers face even more supply chain pain as Canadian protesters block a key bridge
Car makers are canceling some production shifts as protests over public health measures in Canada shut a key bridge that connects Detroit to Ontario.
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Business
Automakers and dealers are rolling in it thanks to demand for new cars
Thanks to supply chain delays, car shoppers are finding fewer choices and higher prices. But low supply and high demand is paying off handsomely for auto makers and dealers.
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Business
2022 is promising to be big year for electric vehicles
Big automakers are planning to introduce several new models of electric vehicles in the coming year, though the demise of a hoped-for subsidy may keep sales sluggish in the short term.
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National
Energy got a lot more expensive in 2021
Compared to this time last year, we're all paying a lot more to use many kinds energy — whether it's gasoline for our cars or heating fuel for our homes.