The Latest Breaking News from Oil

Fears grow for endangered species as the US president sets about dismantling basic laws to protect them to make way for oil and gas drilling

Asian markets mostly rose Thursday and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes for an end to the Ukraine war after news Donald Trump and Russia's Vladimir Putin had discussed peace talks.

Brazil's President Luiz Inácio Lula da Silva is defending oil exploration near the mouth of the Amazon River as a way to finance a transition to green energy

March WTI crude oil (CLH25 ) Wednesday closed down -1.95 (-2.06%), and March RBOB gasoline (RBH25 ) closed down -0.0577 (-2.69%). Crude oil and gasoline prices posted moderate losses on Wednesday. Wednesday's rally in the dollar index (DXY00 ) to a 1-week high weighed on energy prices. Also, Wednesday's fall...

The U.S. Coast Guard has been searching for tar balls that began showing up on Florida beaches over the weekend

Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to save money and to position the oil giant for the long-term, the company said Wednesday.

President Donald Trump has nominated a longtime oil and gas industry representative to oversee an agency that manages a quarter-billion acres of public land concentrated in western states

March WTI crude oil (CLH25 ) today is down -1.10 (-1.50%), and March RBOB gasoline (RBH25 ) is down -0.0320 (-1.49%). Crude oil and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 1-week high weighs energy prices. Also, today's fall in the...

Lee and Bligh will appear before Southwark Crown Court on March 12.

Explore varying public opinions on Trump's early actions in his second term, from executive orders on sex recognition and oil production to controversial p...

Greenpeace activists swept broken glass into the doorways at the oil company’s HQ