The Latest Breaking News from Oil

Exxon CEO Darren Woods says Big Oil's not to blame for climate crisis, saying world "waited too long"

OPEC's 90,000 bpd oil output increase in February influences global energy markets and prices.

Learn about the projected growth in global oil demand for 2024 and the industry's need to adapt to meet future energy needs sustainably.

Ongoing conflicts in the Middle East and the extension of oil production cuts are contributing to the positive sentiment around the energy industry prospects. Let’s compare the fundamentals of Energy Transfer LP (ET) and Marathon Oil Corporation (MRO) to determine which energy stock is a better investment option. Keep reading.

April WTI crude oil (CLJ24 ) this morning is up +0.19 (+0.24%), and Apr RBOB gasoline (RBJ24 ) is up +1.86 (+0.73%). Crude oil and gasoline prices this morning are moderately higher. Expectations that OPEC+ next week will extend its roughly 2 million bpd of crude production cuts beyond March...

The Texas Railroad Commission is tasked with plugging wells. But the state regulators say their scope is limited.

Chilean researchers use innovative technology to detect a crude oil leak in the Strait of Magellan, highlighting environmental concerns in remote regions.

Oil prices remain stable as the market awaits cues on interest rates, causing caution and uncertainty in the global oil market.

If you’re unaware of the major growth in demand for products such as delta 8 oil and gummies, then you’ve clearly not been paying attention!

Thousands of litres of cooking oil have been dumped in the water, says the Canal and River Trust

The oil and gas giant is suing investor groups that want it to slash climate pollution. Interest groups on both sides of the case say it could lead to more lawsuits against activist investors.