The Latest Breaking News from Oil

The Conservative-led government approved Shell’s proposals to develop the Jackdaw field in 2022

Exxon Mobil has lagged behind the broader market over the past year. However, analysts remain bullish about the stock’s prospects.

British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.

A 4% dividend increase alongside share buybacks of $3.5bn for last three months of year awaits shareholders

The energy major said profits fell after a year of operating in ‘a lower price environment’

The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.

Here are the key developments on the 1,071st day of Russia’s full-scale invasion of Ukraine.

Nadiya Hussain taps into her Thai ancestry for a vibrant peanut vegetable curry that’s a family favourite during Ramadan

Roman Schwarzman, 88, tells German MPs that Russia is perpetrating ‘another war of extermination’; more Ukrainian strikes damage Russian oil targets. What we know on day 1,072

The Metropolitan Police announced the 60-year-old and 42-year-old would appear in court on 25 February

March WTI crude oil (CLH25 ) Wednesday closed down -1.15 (-1.56%), and March RBOB gasoline (RBH25 ) closed down -0.0150 (-0.72%). Crude and gasoline prices Wednesday settled moderately lower, with crude falling to a 2-1/2 week low. Crude was under pressure Wednesday from a stronger dollar, and after the weekly...