The Latest Breaking News from Oil

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues

December WTI crude oil (CLZ24 ) today is up +1.57 (+2.26%), and December RBOB gasoline (RBZ24 ) is up +0.0483 (+2.46%). Crude oil and gasoline prices today are moderately higher and climbed to 1-week highs. Today's slide in the dollar index (DXY00 ) to a 2-week low supports energy prices....

The interview discusses the recent surge in grain prices, driven by increased demand from Mexico and China, as well as the uncertainty surrounding the US election and potential trade disruptions. Additionally, the rising demand for vegetable oils, particularly soybean oil, due to the growing renewable diesel market is highlighted. The…

OPEC+ extends oil output cuts until December to address declining prices and weak demand.

SCOTTISH celebrities including Frankie Boyle and Shirley Manson are getting behind a legal case against the Rosebank oil field.

Global markets react positively to China's economic meeting and OPEC+ production cuts, with oil prices rising. U.S. stocks recover from weak jobs report, w...

Explore the UAE's efforts to navigate energy challenges amidst global uncertainties and transitions at the oil-and-gas summit.

Detailed plans from 30 oil and gas producers come amid historic levels of potent planet-heating emissions