Oil

Brace for oil prices to spike toward $100 a barrel with OPEC's cuts set to squeeze supply in time for driving season, energy analyst says

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Saudi Arabia's energy minister Prince Abdulaziz bin Salman says OPEC+ could slash output further.

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Shark Tank investor Kevin O'Leary breaks down his latest crypto bet as regulators look to crush 'rogue' operators

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Happy Tuesday Opening Bell crew. I'm Phil Rosen — it's been a moment since we've checked in on the cryptocurrency sector. 

Rest assured it's still humming along, with bitcoin seeing nearly a 70% gain in the first three months of the year. 

Even meme token dogecoin saw a 20% jump late Monday after the Shiba Inu mascot replaced Twitter's bird logo.

Brace for a 'bump at the pump' as OPEC's surprise output cut could send gas prices above $4 a gallon, say analysts

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Gas pump
US gas prices could hit $4 a gallon thanks to OPEC+'s surprise crude cuts.

(Photo by Steve Pfost/Newsday RM via Getty Images)

US stocks end mixed as energy sector rides surge in oil prices while tech stocks fall

Tech Insider : Economy
A trader talks on the telephone while working on the floor of the New York Stock Exchange.
A trader works on the floor of the New York Stock Exchange.

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Wharton Professor Jeremy Siegel says the surge in oil prices won't be a big problem for inflation as natural gas keeps plummeting

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jeremy siegel

Steve Marcus/Reuters

US stocks trade mixed as oil surges on unexpected production cut by OPEC+

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Traders work on the New York Stock Exchange floor.
Traders work on the New York Stock Exchange floor in New York City.

AP Photo/Ted Shaffrey

Saudi Arabia-led oil cartel OPEC+ just slashed its crude output – and that's stoked inflation fears. Here's what you need to know.

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Biden and Mohammed bin Salman (MBS) fist bumping.
Saudi Arabia said Sunday it'd cut its oil output by 500,000 barrels a day.

Bandar Algaloud/Reuters

The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut

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OPEC OPEC+ oil producers oil price
The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut.

Ramzi Boudina/Reuters

US stocks close higher as markets assess fresh bank woes and recession fears

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new york stock exchange traders bank run silicon valley bank

TIMOTHY A. CLARY / Getty

It could take years for the US to refill its emergency oil reserves after last year's record sales

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The UAE is moving up an already ambitious target to increase crude oil output.
Oil barrels.

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