The Latest Breaking News from Oil

The S&P 500 Index ($SPX ) (SPY ) is down -0.78%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.81%. Stocks are lower this afternoon, after rallying in the morning. Rising oil prices are a...

May WTI crude oil (CLK24 ) this morning is down -0.21 (-0.25%), and May RBOB gasoline (RBK24 ) is down -0.59 (-0.21%). Crude and gasoline prices this morning are slightly lower as they consolidate this week's rally that pushed crude up to a 5-1/4 month high and gasoline to a...

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U.S. officials clarify stance on Indian imports of Russian oil, emphasizing revenue limits over trade restrictions.

With robust oil and gas demand, government support, and the incorporation of technologies like IoT and data analytics, the energy sector seems well-placed to grow and evolve considerably. Thus, it could be wise to invest in quality energy stocks Petróleo Brasileiro (PBR), Phillips (PSX), and VAALCO Energy (EGY) for potential…

Oil prices are hovering around five-month highs with energy stocks trading right around buy points.

Vote-weary Kuwait heads to the polls for the third time in three years on Thursday, just months into the reign of a new emir but with no end in sight to the major oil exporter's chronic political paralysis.

US has not asked India to reduce Russian oil imports. India's strategic relationships and energy security are key considerations amid global tensions.