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Oil prices could soar to $150 in a fully reopened world: Jefferies

Oil prices could move "a lot higher" from current levels given the world's deep reliance on fossil fuels and may hit $150, says Christopher Wood from Jefferies."In a world that really reopens — which is a big 'if' — the oil price can...

Biden calls on FTC to probe anti-consumer behavior by energy companies as gas prices soar

US President Joe Biden speaks during an event to commemorate Veterans Day at The Tomb of the Unknown Soldier at Arlington National Cemetary in Arlington, Virginia on November 11, 2021.Nicholas Kamm | AFP | Getty ImagesPresident Joe Biden is asking the Federal Trade...