The Latest Breaking News from Oil

February WTI crude oil (CLG24 ) on Friday closed up +0.66 (+0.92%), and Feb RBOB gasoline (RBG24 ) closed up +0.60 (+0.28%). Crude oil and gasoline prices Friday climbed to 2-week highs and settled moderately higher. Crude prices rose on an escalation of geopolitical risks in the Middle East after...

Cerutti, Botturi, and Tarres are still the top three, but what Botturi thought was going to be another stage win ended differently after penalties were assessed

Oil and natural gas companies would have to pay a fee for methane emissions that exceed certain levels under a new rule proposed by the Biden administration

Despite diverting supplies from the Suez Canal, tensions in the Red Sea have so far had a muted impact on energy prices.

Venezuela is putting an end to the petro cryptocurrency that President Nicolas Maduro launched six years ago to sidestep US sanctions, but which never took off and became embroiled in a graft scandal.

Hydrogen will play a role in weaning us off fossil fuels. It can be used to power trains, planes and HGVs, as well as being a low-carbon alternative to coke in steelmaking and a way to warm our homes.

February WTI crude oil (CLG24 ) this morning is up +1.10 (+1.53%), and Feb RBOB gasoline (RBG24 ) is up +1.83 (+0.87%). Crude oil and gasoline prices this morning rallied to 2-week highs on an escalation of geopolitical risks in the Middle East after the U.S. and its allies launched...

Today’s e-bikers are spoiled for choice. Let’s take a look at the pros and cons of belt drives and chain drives, and see which one is best suited for you.

Energy was the worst-performing commodity sector in 2023, falling over 20%. The worst performer for one year is often the best during the following year. Traditional energy commodities are volatile, and the geopolitical landscape continues to favor sudden rallies in 2024.

Robust global demand and constrained supplies aggravated by escalating geopolitical tensions will probably keep oil prices high this year, propelling the energy sector’s growth prospects. Hence, fundamentally sound oil & gas stocks Antero Midstream Corporation (AM), Dorchester Minerals (DMLP), and VAALCO Energy (EGY) could be ideal watchlist additions. Keep reading….

Discover how Iran continues to sell oil despite sanctions, using a network of smugglers known as the Ghost Armada. Learn about the impact on the global eco...