The Latest Breaking News from Oil

New Mexico’s governor is proposing a nearly 10% general fund spending increase for the coming fiscal year to shore up housing opportunities, childhood literacy and health care access, with additional payouts for electric vehicles purchases

In tonight's edition: Nigeria widens the net to degrees earned in Kenya and Uganda as part of its crackdown on fraudulent foreign certificates. Also, French energy giant TotalEnergies puts former Beninese prime minister Lionel Zinsou at the head of land acquisition for its controversial multi-billion-dollar oil projects in Uganda and…

Oil prices were nothing if not volatile last year, and nothing indicates this year will be any different. With prices trading at the bottom end of the range as we enter 2024, now may be a great time to take a look at some beaten down oil stocks. One company…

February WTI crude oil (CLG24 ) on Thursday closed down -0.51 (-0.70%), and Feb RBOB gasoline (RBG24 ) closed down -4.80 (-2.22%). Crude oil and gasoline prices Thursday gave up an early advance and turned lower weekly inventories of crude products unexpectedly rose in Thursday's weekly EIA report, a sign...

February WTI crude oil (CLG24 ) this morning is down -1.51 (-2.08%), and Feb RBOB gasoline (RBG24 ) is down -6.96 (-3.23%). Crude oil and gasoline prices this morning gave up an early advance and turned lower after an unexpected build in crude products in today's weekly EIA report, a...

Crude oil closed 2023 at below $72 per barrel. The price was lower for the year and just below the U.S. administration’s $67 to $72 per barrel buying zone to replenish the Strategic Petroleum Reserve. As the market heads into 2024, bullish and bearish factors pull the energy commodity in…

OIL from the Rosebank field will be sold on the international market rather than to UK consumers, the UK Government has admitted.

Middle East oil fears continue with protests in Libya shutting down key facilities. Meanwhile, the latest oil industry deal has companies choosing the U.S.

The French energy giant TotalEnergies says it's launched an assessment for land it acquired for its $10 billion projects in Uganda and Tanzania that have been lambasted by environmentalists.

The Young and the Restless’ Claire rejects Victoria. Will Adam be the surprising person to help the mother/daughter duo connect?

Global shipping leaders and oil giant BP have decided to hit pause on Red Sea transit until it becomes safer—but costs could increase as a result.