The Latest Breaking News from Oil

Reports of exorbitant cost of basic vegetables, as well as oil and flour, come amid warnings that Gaza is on the verge of famine

The energy industry is poised for robust growth due to increasing global demand for oil amid supply cuts and potential production disruptions. This trend creates opportunities for investment across the sector. Therefore, investors could consider buying fundamentally strong energy stocks such as Phillips 66 (PSX), Cheniere Energy (LNG), and Western…

Amid the anticipated escalation in oil prices owing to geopolitical challenges and strategic supply adjustments, which of the two energy stocks, Exxon Mobil (XOM) and Energy Transfer (ET), is well positioned to navigate a volatile energy market? Read more to find out….

Familiar rituals and moments spent reconnecting with your body could be soothing

Campaigners call on banks to cease funding Ithaca, which is playing a key role in Rosebank oilfield plan

Get me on that rig.

Chevron and ExxonMobil stand out as formidable dividend aristocrats within the energy sector, offering compelling investment opportunities as they capitalize on global demand and strategic expansion initiatives.

May WTI crude oil (CLK24 ) on Thursday closed down -0.25 (-0.31%), and May RBOB gasoline (RBK24 ) closed down -0.71 (-0.26%). Crude oil and gasoline prices Thursday settled moderately lower as a stronger dollar (DXY00 ) undercut energy prices. Also, technical selling weighed on crude as prices neared overbought...

Oil ships trapped in Red Sea due to regional conflicts, posing risks to crews and environment. Efforts underway to secure safe passage amidst ongoing insta...