The Latest Breaking News from Oil

YOU may have seen members of the Conservative Party sharing a lovely graphic to celebrate 50 years since Margaret Thatcher became Tory party leader.

Trump "Drill. baby, drill" initiatives can spark more demand for contract offshore oil drillers. Here are 3 drillers that can benefit from new market demand.

Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to "fundamentally reset" its strategy.

The FTSE 100 firm reported a 36% drop in profits to £7 billion, as speculation grows that it will turn away from renewables to improve returns.

Murray Auchincloss promises improvements after annual profits fell to $8.9bn last year from almost $14bn in 2023

The MP representing Grangemouth has expressed frustration over the “underwhelming” responses from his Labour colleagues.

Certain parts of an engine shouldn’t be visible from the outside. If they are, something went wrong. It’s often not normal wear and tear that puts a rod through a block, so being able to see straight through this Mazda 2.0-liter Skyactiv engine means bad things happened inside.

Harry Sargeant III, who has long sought to expand his energy dealings in Venezuela, was allegedly a key figure in facilitating negotiations

March WTI crude oil (CLH25 ) Monday closed up +1.32 (+1.86%), and March RBOB gasoline (RBH25 ) closed down -0.0008 (-0.04%). Crude oil and gasoline prices settled mixed Monday. Crude oil prices rallied as tighter US sanctions on Russian crude limited global oil supplies, allowing the largest Middle Eastern oil...