The Latest Breaking News from Oil

The growing oil demand, pressured supply, and geopolitical instability are favoring the oil and gas industry. Therefore, it could be wise to invest in top oil & gas stocks APA Corporation (APA), Obsidian Energy (OBE), and VAALCO Energy (EGY), which are trading at a discount. Read on.

Warning: you'll be left feeling very hungry

Voters in Ecuador last year approved a referendum to keep some 700 million barrels of crude oil in the ground in Yasuni National Park

The skirmishes come as Ukraine claimed to be continuing its advance into Russia after shock incursion

Toymaker hopes to bring down oil-based plastic it uses by paying up to 70% more for certified renewable resin to encourage production

Learn about the recent attack on the Greek-flagged tanker Sounion by Yemen's Houthis, causing a fire and oil leakage in the Red Sea.

The strike on a depot in Kamensky district comes amid an ongoing blaze at an oil storage facility in Proletarsk city.

Attack in Kamensky district follows strike 10 days ago at another Rostov depot which is still burning

The oilfield services sector benefits from its crucial role in drilling, evaluation, production, and maintenance, which is essential for ensuring energy security and meeting the strong global demand for oil and gas. Therefore, investing in fundamentally solid oilfield services stocks, Baker Hughes (BKR), NOV (NOV), and MRC Global (MRC), could…