The Latest Breaking News from Oil

The countries are embroiled in a territorial dispute over the Essequibo, a region that is under the control of Guyana but Venezuela claims as its own

Ukraine vowed Friday to quash a surprise Russian ground offensive, after troops launched a major cross-border assault in the Kharkiv region, looking to chalk up fresh battlefield gains with Ukraine on the back foot.

Paris city council has denounced a project to drill for oil some 80km south-east of the French capital as a potential environmental disaster. Its water board has gone to court in a bid to stop the works, which it says could threaten the city's drinking water.

Coconut biodiesel offers a cheaper alternative to fuel imports and scientists in the Pacific country are looking at how to use it more widely

On the hunt for a fresh spin on potato salad? Look no further

June WTI crude oil (CLM24 ) on Thursday closed up +0.27 (+0.34%), and June RBOB gasoline (RBM24 ) closed up +1.00 (+0.39%). Crude oil and gasoline prices Thursday posted modest gains. A weaker dollar (DXY00 ) Thursday was bullish for energy prices. Also, better-than-expected Chinese trade news shows strength in...

A parliamentary inquiry has ruled in favour of offshore petroleum tax changes but critics say Australians will still not get a fair return on their resources.

Malaysia is the second largest exporter of palm oil

June WTI crude oil (CLM24 ) this morning is up +0.23 (+0.29%), and June RBOB gasoline (RBM24 ) is up +1.43 (+0.56%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar (DXY00 ) today is bullish for energy prices. Also, better-than-expected Chinese trade news shows strength...