The Latest Breaking News from Oil

THERE is a “serious” prospective buyer for Grangemouth who would keep the site as an oil refinery, an SNP MSP has said ...

The move by owners Petroineos is expected to lead to the loss of 400 jobs over the next two years.

SCOTLAND’S last oil refinery will shut next summer, its owners have confirmed as they warned four-fifths of the workforce face losing their jobs.

The country has been hit by skyrocketing electricity bills

Grand schemes, many backed by governments, masquerade as positive action on the environment. They should be disowned, says Guardian columnist George Monbiot

When asked about climate change in the presidential debate, Vice President Kamala Harris said, “young people of America care deeply about this issue,” and then pointed out that that the U.S. has increased domestic production of oil to historic highs

Harris reiterates she won’t ban fracking if elected as Trump runs ads stating the opposite in tight Pennsylvania race

Oct WTI crude oil (CLV24 ) Wednesday closed up +1.56 (+2.37%), and Oct RBOB gasoline (RBV24 ) closed up +2.72 (+1.45%). Crude oil and gasoline prices Wednesday settled sharply higher. Crude found support Wednesday from a smaller-than-expected build in weekly EIA crude inventories. Also, Hurricane Francine made landfall on Wednesday...

October NY world sugar #11 (SBV24 ) Wednesday closed up +0.26 (+1.41%), and Oct London ICE white sugar #5 (SWV24 ) closed up +10.50 (+2.02%). Sugar prices Wednesday posted moderate gains. Wednesday's rally of more than +2% in crude oil prices (CLV24) sparked short covering in sugar futures. Sugar prices...