The Latest Breaking News from Oil

An oil tanker believed to be part of Russia’s efforts to evade international sanctions went adrift and had to be towed ashore by a German tugboat

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The latest sanctions come after Prime Minister Sir Keir Starmer discussed the Ukraine conflict with French President Emmanuel Macron over dinner.

The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, just days before outgoing President Joe Biden leaves office.

Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation

Rallying 72% in the new year to date, can this penny oil stock sustain its momentum?

Around the globe, Associated Press photographers in 2024 documented what scientists on Friday said was the hottest year on record, the latest in a long string of heat milestones that have been shattered in recent years as the burning of gas, coal and oil accelerate global warming.

Fresh oil started pouring from a stricken Russian tanker in the Black Sea on Friday, said officials in Moscow, as Ukraine warned of "terrible environmental consequences" from the spill.

Hundreds of people reported the tremors that took place over two years in villages in Surrey and Sussex