The Latest Breaking News from Oil

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HM Coastguard said the missing person from the Solong container ship had not been found after ‘an extensive search’.

A cargo ship hit a tanker carrying jet fuel for the U.S. military off England, setting both vessels on fire and sending fuel pouring into the North Sea

April WTI crude oil (CLJ25 ) Monday closed down -1.01 (-1.51%), and April RBOB gasoline (RBJ25 ) closed down -0.0162 (-0.77%). Crude oil and gasoline prices on Monday posted moderate losses. Monday's selloff in the S&P 500 to a 5-3/4 month low sparked risk-off sentiment in asset markets, weighing on...

The UK is responding after an oil tanker sustained a ruptured tank following a collision with a carbo ship.

The Royal Society for the Protection of Birds said the crash was close to the biggest gannet colony in England.

While Schlumberger has underperformed its industry peers over the past year, Wall Street analysts maintain a bullish outlook on the stock’s prospects.

More than 30 casualties have been brought ashore so far.

The US Energy Secretary vowed Monday to reset federal energy policy to favor fossil fuels and deprioritize climate change as industry leaders gathered at their biggest event since President Donald Trump returned to office.