The Latest Breaking News from Oil

Denny Hamlin became the first driver to fall out of the race Sunday at Texas Motor Speedway with his day ending in a dramatic oil fire.

Such a takeover would be one of biggest deals ever in oil and gas industry

MINISTERS have been warned that the closure of Scotland’s last oil refinery risks fuel shortages and even rationing.

Prime minister of Yemen’s internationally recognised government has resigned amid political turmoil.

Territory’s voluntary move comes as Trump administration makes good on pledge to end lawsuits against oil and gas

June WTI crude oil (CLM25 ) Friday closed down -0.95 (-1.60%), and June RBOB gasoline (RBM25 ) closed down -0.0293 (-1.43%). Crude oil and gasoline prices fell moderately on Friday after OPEC+ brought forward its meeting to discuss an increase in crude production, bolstering concerns about a global supply glut....

Exclusive: Myriad excuses, dubious justifications and ‘constant personnel turnover’ has stymied Sun Coast Resources from being made whole, according to a civil complaint obtained by The Independent

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud with each other.

US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid global economic uncertainty surrounding President Donald Trump's tariffs.