The Latest Breaking News from Oil

Cape of Good Hope diversion adds 6,000 nautical miles and three or four weeks to delivery times and has driven up oil prices

Cheaper oil and gas expected to fuel drop in annual bills by £268 to £1,660

Declining demand, increased oil production from key oil-producing nations, and geopolitical factors contributed to the downward trend in UK petrol prices.

Foreign rescue and aid workers, along with the UN and volunteers, rallied Tuesday to help victims of the explosion and fire at Guinea's main oil depot on Monday that killed 18 people, injured 212 others and prompted concerns about fuel supplies.

Maersk's bold decision to reroute shipping away from the Red Sea due to Houthi attacks prompts an international coalition to secure the region and ensure s...

January WTI crude oil (CLF24 ) on Tuesday closed up +0.97 (+1.34%), and Jan RBOB gasoline (RBF24 ) closed up +4.18 (+1.94%). Crude oil and gasoline prices on Tuesday settled moderately higher but remained below Monday's 2-week highs. A weaker dollar on Tuesday was bullish for energy prices. Also, geopolitical...

Yet another federal circuit court of appeals rejects energy company removal claims.

Join the exciting journey as the U.S. leads a 10-country team to counter reckless Houthi rebel attacks. Discover how this international coalition tackles t...

Iranian-backed Houthi militants have vowed to continue their attacks on vessels