The Latest Breaking News from Oil

Abandoned wells in the Permian Basin are increasingly erupting with briney, polluted water. The Texas Railroad Commission says it needs emergency money to respond.

Heightened tensions in the Middle East have ignited a surge in oil prices, casting a spotlight on the energy sector and amplifying its allure. Hence, fundamentally sound energy stocks Sabine Royalty (SBR), Obsidian Energy (OBE), and Energy Transfer (ET), each boasting formidable growth potential, might emerge as opportune buys for…

Indonesia's top court on Friday rejected an appeal by an Indigenous tribe in its lawsuit against a palm oil firm, leaving it at risk of losing vast swathes of ancestral forest, rights groups said.

Asian stocks had a mixed day with Japan's Nikkei dropping, US futures and oil prices rising, and China markets showing resilience amidst global market vola...

One year after world leaders issued the landmark call for a global move away from fossil fuels, nations are failing to turn that promise into action, say climate diplomats, campaigners and policy experts.

Mexico has sent nearly half a million barrels of crude oil and diesel in just a span of days, oil shipment data shows

There's something about swiping on a striking crimson shade from a fashion house that just makes you feel great, outstanding even.

The amount of the powerful climate-changing gas methane spilling out of oil and gas equipment, coal mines and landfills globally is nowhere near fully documented and what is known is “only scratching the surface” according to the CEO of one the companies that tracks methane with its own satellites

December WTI crude oil (CLZ24 ) Thursday closed up +0.65 (+0.95%), and December RBOB gasoline (RBZ24 ) closed up +0.0148 (+0.76%). Crude oil and gasoline prices Thursday settled moderately higher. Crude is supported by positive carryover from Wednesday after weekly EIA crude and gasoline inventories unexpectedly declined. Crude is also...