The Latest Breaking News from Oil

One of Labour’s most radical manifesto pledges is the plan to create a national wealth fund. To help drive the green transition and create 600,000 green jobs, the fund aims to raise £3 of private investment for every £1 of government money put in.

August WTI crude oil (CLQ24 ) today is up +0.92 (+1.14%), and Aug RBOB gasoline (RBQ24 ) is up +1.75 (+0.69%). Crude oil and gasoline prices today are moving higher, with crude posting an 8-week high and gasoline posting a 5-week high. Today's weaker dollar is supportive of energy prices....

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HUNDREDS of businesses have joined a campaign against Labour’s policy of refusing to grant new oil and gas licences in the North Sea.

Diamondback Energy recently outperformed the broader energy sector, and analysts seem confident about the stock’s potential, citing its solid position in the Permian basin and pending acquisition.

The oil and gas industry is a keystone of the global economy, powering industries and households worldwide.

The UK Supreme Court recently ruled that Surrey County Council acted unlawfully in granting planning permission to a developer to expand their oil-drilling operations at Horse Hill in the Surrey countryside without considering the negative climate impacts both now and in the future.

Two Just Stop Oil activists recently sprayed powder paint on parts of Stonehenge, the 5,000 year old monuments in southern England. The paints will wash away with the rain, the campaigners claimed. But at least one archaeologist thinks the stones will have a harder time surviving the longer droughts and…

Amid rising oil prices and a promising future outlook for the energy sector, quality energy stocks Diamondback Energy (FANG), Weatherford International (WFRD), and VAALCO Energy (EGY) stand out for their solid growth potential, making them ideal investments now. Keep reading….