The Latest Breaking News from Oil

The equity sell-off tracked hefty losses on Wall Street, where all three main indexes finished more than one percent lower as the new trading year continued to falter.

Global stock markets decline on inflation concerns, oil prices surge, Asian stocks face losses, and US dollar weakens in currency markets.

Emergency task force dispatched to address persistent oil spill in Russia's Kerch Strait, prompting regional emergencies and reigniting tensions between Ru...

Like a host of online influencers, the man likely to be the US’s next health secretary has denounced the vegetable oils used in countless foods. The science is not on their side

Asian stocks have retreated after U.S. stocks fell as good news on the job market raised worries over inflation

Here are the key developments on the 1,054th day of Russia’s full-scale invasion of Ukraine.

Asian markets tumbled Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while oil extended a rally sparked by new sanctions on Russia's energy sector.

Emergency task force arrives to clean up Krasnodar region on Sunday

The U.S. Department of Energy was created in 1977 by merging two agencies with different missions: the Atomic Energy Commission, which developed, tested and maintained the nation’s nuclear weapons, and the Energy Research and Development Administration, a collection of domestic energy research programs.