The Kern River oilfield in Oildale, Bakersfield, California, USA. Following an unprecedented four year long drought, Bakersfield is now the driest city in the USA, driven by climate change. Still Americans fail to make the connection...

The Kern River oilfield in Oildale, Bakersfield, California, USA. Following an unprecedented four year long drought, Bakersfield is now the driest city in the USA, driven by climate change. Still Americans fail to make the connection...

Russian Deputy Prime Minister Alexander Novak discusses the 2 million barrel-a-day oil supply reduction OPEC+ announced on Wednesday, Russia's crude oil production plans, and the impact of a proposed price cap on his nation's oil...

Aug. 29 -- In today's "Deep Dive," Bloomberg's Matt Miller, Joe Weisenthal and Nejra Cehic take a look at oil production by OPEC countries, the correlation between SPY and TLT and the division between Wall Street and Main Street...

The Biden administration will take "a multitude of steps" with the private sector, with allies and the Strategic Petroleum Reserve to address oil production issues, Amos Hochstein, US senior adviser for global energy security, says in an...

James Whistler, managing director at Vanir Global Markets, discusses OPEC+'s proposed oil production cut, the demand for oil and his outlook for natural gas and oil prices. He speaks on Bloomberg Television.

June 23 -- The oil industry has experienced a surge in commercial and industrial lending, but the debts have become the single biggest group of past-due loans in the Dallas Federal Reserve Bank region. Bloomberg's Tracy Alloway reports...

The OPEC+ group of oil producers will consider cutting output by more than 1 million barrels a day, according to delegates, when it meets in person on Wednesday for the first time in more than two years. Stephen Stapczynski reports on...

Oil theft known as "bunkering" and the refining that comes with it are sickening and killing Nigerians living amid the pollution. It's also creating one of the world's most severe ecological disasters.

Environmentalists have long argued that more ethanol in gas increases pollution.

This comes as comes as President Joe Biden has ordered the release of 1 million barrels of oil per day from the nation's strategic petroleum reserve.

Dec.10 -- Jim Tisch, president and chief executive officer at Loews, examines the oil market for producers and why he sees prices rising in the next two years. He speaks on "Bloomberg Daybreak: Americas."

Bloomberg Opinion's Javier Blas discusses the outlook for global oil demand and production after the price for Brent oil surged to the highest level in seven years. He speaks on "Bloomberg Surveillance." His opinion are his own.

White House National Economic Council Director Brian Deese discusses the takeaways from this week's U.S. economic data, the Biden administration's efforts to boost domestic oil production, and student-debt relief on "Bloomberg The Open.

Dec.14 -- Andy Hall's commodity career spans over 30 years and includes stints at BP Plc, legendary merchant house Phibro Energy Inc. and Citigroup Inc., where he pocketed $100 million trading oil during the financial crisis. Plus he ran...

President Biden considered the OPEC+ decision "shortsighted" while the global economy is dealing with the negative impacts of the war in Ukraine.

Jul.02 -- Crusoe Energy CEO Chase Lochmiller discusses how his company is working to trap and harness excess natural gas in order to power data centers for cryptocurrency mining and whether this process and make mining become more energy...

Stephen Schork, principal at The Schork Group, discusses the Biden's administration's release of 1 million barrels of oil a day from U.S. reserves for six months, U.S. oil supplies and his outlook for the commodity. He speaks on...

Amrita Sen, founder of Energy Aspects, discusses today's OPEC+ meeting, oil demand from China and her outlook for natural gas prices. She speaks on "Bloomberg Markets: European Open."

Nov.27 -- Jeff Currie, global head of commodities research at Goldman Sachs, discusses his firm's view of the upcoming G-20 meeting as a catalyst for commodities, President Donald Trump's influence over oil prices, and looks at the...

A new report suggests Saudi Arabia may increase oil production. This comes just ahead of the OPEC+ meeting today. The cartel is grappling with how much Russian crude may disappear as a result of sanctions. Sharon Cho reports on...

Aug. 12 -- Jason Schenker, president of Prestige Economics, discusses OPEC's informal meetings on price stabilization, the possibility of a production cut and what the informal meetings could mean for prices going forward. He speaks to...

July 28 -- Edward Morse, global head of commodity research at Citigroup, and Richard Clarida, global strategic advisor at Pimco, examine global oil demand, the net economic positive of lower oil prices, and the link between price and...

Ed Morse, global head of commodities research at Citigroup, says "booming" US exports of petroleum products are driving the price of crude higher as most nations reject purchasing Russian oil. "When companies had to look away from Russia...