The Latest Breaking News from Oil

The fossil fuel industry released more than 120 million tonnes of methane in 2024, keeping emissions close to record highs, the International Energy Agency said this week. The level has barely changed since 2019, despite global pledges to cut this powerful greenhouse gas.

I agree with Chairman Powell's concussion this week when he said, "It's really not at all clear what it is we should do." We can see the various markets sectors are also uncertain.

DONALD Trump’s “drill, baby, drill” has sent shivers down the spines of environmentalists across the world.

Ukrainians record 734 attacks despite Putin’s claim of three-day halt to fighting; Britain further targets Russian oil ‘shadow fleet’. What we know on day 1,171

Officials have said the Government will take action against up to 100 oil tankers that have been carrying cargo in defiance of sanctions.

Officials have said the Government will take action against up to 100 oil tankers that have been carrying cargo in defiance of sanctions

The Duchess of Sussex’s bath salts recipe is a mixture of salts, essential oils, and arnica oil

“The ultimate depth and duration of this current price environment remains unclear,” said ConocoPhillips chairman and CEO Ryan Lance in the earnings call. “We are playing the long game.”

June WTI crude oil (CLM25 ) Thursday closed up +1.84 (+3.17%), and June RBOB gasoline (RBM25 ) closed up +0.0575 (+2.84%). Crude oil and gasoline prices on Thursday settled sharply higher after President Trump announced a trade deal with the UK, which eased trade tensions and bolstered optimism that more...