Crude oil prices have risen as Iran and Israel trade attacks, but not as much as you might expect. One reason? OPEC+ could pump a lot more oil if it wanted to.

Pump prices having been falling all summer, and as Labor Day approaches, they're 47 cents lower than this time last year. Some analysts see $3 gasoline in our future.

Venezuelan President Nicolás Maduro's government faces a deadline this week — to commit to holding free and fair elections or face renewed U.S. oil sanctions.

Colonial Oil would pay a $2.8 million fine and spend $12.2 million on renewable fuel credits, under a proposed settlement.

For Guyana the potential wealth from oil development was irresistible — even as the country faces rising seas. Today on the show, host Emily Kwong talks to reporter Camila Domonoske about her 2021 trip to Guyana and how the country is grappling with its role as a victim of climate change while it moves forward with drilling more oil. (encore)

For more of Camila's reporting and pictures from her visit, check out "Guyana is a poor country that was a green champion. Then Exxon discovered oil."

Want to more about how countries around the world are grappling with climate change? Write us at shortwave@npr.org to let us know — your suggestion might become a future episode!

Major oil companies are under pressure to invest more money in clean energy — but there's a big hurdle: It's still a hell of a lot more profitable to produce fossil fuels.

Business is pretty good in America's busiest oil patch. Prices are high enough to turn a profit and then some. But instead of going wild, producers have been aiming for something new: Discipline.

Russia would have to use tankers willing to get around sanctions to ship its crude to Asia. It's known in the oil industry as a "shadow fleet."

The decision at a meeting of oil ministers Sunday comes a day ahead of the planned start of two measures aimed at hitting Russia's oil earnings in response to its invasion of Ukraine.

Plans take effect next week that would ban most Russian oil imports from Europe and put a price cap on the oil going elsewhere. But Russia could still make money off oil to fund its war in Ukraine.

Royalties on oil and natural gas, along with lease payments on millions of acres of land, are helping the University of Texas, which is in second place, narrow the gap with Harvard.

A major oil output cut by Saudi Arabia, Russia and other oil producers has drawn sharp accusations in Washington.

The weakening economy around the world will drive down demand for oil in the coming months, according to OPEC, while the U.S. government warns that households will pay more for heat this winter.

The 2 million bpd cut in oil production was backed by Saudi Arabia and could benefit Russia. The OPEC+ meeting took place as much of the world is battling soaring energy costs and rising inflation.

The national average price of gasoline has fallen below $4 a gallon. These are four key factors that could determine what happens next with prices at the pump.