The Latest Breaking News from Oil

Projects that risk 1.5C heating target operated by companies receiving financing from European, Chinese and US banks

Long lines have formed at gas stations throughout Argentina as surging demand outstrips supply, becoming a campaign issue just weeks ahead of the second round of the country’s presidential race

December WTI crude oil (CLZ23 ) this morning is down -2.91 (-3.40%), and Dec RBOB gasoline (RBZ23 ) is down -7.06 (-3.08%). Crude oil prices this morning are sharply lower Friday as Israel's ground incursion into Gaza has so far been less extensive than expected, easing concerns that the Israeli-Hamas...

Force makes first use of section 7 of Public Order Act to curtail slow march protest outside parliament

The Swedish Coast Guard says a ferry boat that ran aground twice off the southeastern coast of Sweden is leaking oil and has suffered “extensive damage.”

More than 60 people were arrested after members of the activist group laid down and sat on the floor of Parliament Square.

The chief executive of Offshore Energies UK had described the allocation of the new licences as ‘a great boost for UK energy security’.

Climate activists have accused Rishi Sunak of “pandering” to corporate interests after the announcement of 27 new North Sea

The energy sector’s outlook looks robust, as surging global demand for oil and natural gas and tight supplies would fuel high energy prices this year and beyond. Given the industry’s bright growth prospects, quality energy stocks Eni (E), Sasol (SSL), and Transportadora (TGS) could be ideal investments now. Keep reading….