The Latest Breaking News from Oil

July WTI crude oil (CLN25 ) Wednesday closed up +0.30 (+0.40%), and July RBOB gasoline (RBN25 ) closed up +0.0367 (+1.62%). Crude oil prices whipsawed Wednesday in volatile trade and finally settled higher. Concern about escalation of the Israel-Iran war boosted crude prices Wednesday after Iran's Supreme Leader Ayatollah Ali...

The oil shocks of the 1970s-90s had brutal economic impacts. As Israel attacks Iran, a moderate rise in oil prices rests on questionable assumptions, says Guardian columnist Larry Elliott

With climate policies under siege by the Trump, young climate activists are intensifying their campaign

European energy stocks soar as the Israel-Iran conflict drives Brent crude up 20% in June. The EURO STOXX 600 Energy index has gained 8% over the same period, on track for its best month since October 2022.

The Strait of Hormuz is a major trade route for global oil and gas shipping.

Iranian officials allegedly plan to close the Strait of Hormuz. Can Donald Trump help prevent this?

ANALYSIS: Here are a handful of factors likely impacting the Fed’s interest rate decision being announced today.

The London-listed firm said its profit outlook has been impacted by £2 million of new packaging recycling costs.

How Kelcy Warren, one of Trump’s biggest industry backers, and his pipeline firm are likely to flourish in his second term