The Latest Breaking News from Oil

US Secretary of State says relations between Washington and Riyadh are ‘strengthened by progress on human rights’.

The ASA said Shell and Petronas should have revealed the “overall environmental impact of their business” in the ads

Shell omitted any mention that oil and gas continued to make up the ‘vast majority’ of its business, the Advertising Standards Authority said.

The Cheviot, The Stag And The Black, Black Oil charts the modern economic history of Scotland.

July WTI crude oil (CLN23) on Tuesday closed down -0.41 (-0.57%), and July RBOB gasoline (RBN23) closed up +3.99 (+1.58%). Crude oil and gasoline prices Tuesday settled mixed. A stronger dollar Tuesday weighed on crude prices. Crude was also under pressure from concerns that a slowdown in the global economy...

Oh, and a shower of freshly-toasted breadcrumbs, too

A Canadian company has pleaded guilty to violating federal law by illegally selling seal oil capsules to American customers

July WTI crude oil (CLN23 ) this morning is down -0.23 (-0.32%), and July RBOB gasoline (RBN23 ) is up +3.75 (+1.49%). July Nymex natural gas (NGN23 ) is up +0.024 (+1.07%). Crude oil and gasoline prices this morning are mixed. A stronger dollar today is weighing on crude prices....

IPPC chair Hoesung Lee says over-reliance on the technology could mean the world misses 1.5C target

With water use growing, arid Western states are asking for new regulations.

OPEC, the international oil cartel, meets twice yearly in a formal gathering in Vienna, Austria. The members convene to debate and decide on petroleum production policy for the coming months to balance supply and demand at a price that delivers the most attractive return for oil-producing countries and traditional energy…