The Latest Breaking News from Oil

June WTI crude oil (CLM23 ) on Thursday closed up +0.46 (+0.62%), and June RBOB gasoline (RBM23 ) closed down -1.98 (-0.79%). Crude oil and gasoline prices Thursday settled mixed, with gasoline falling to a 5-week low. Crude and gasoline have carryover support from Wednesday when the EIA reported weekly...

Venezuela's ruling party-controlled National Assembly on Thursday approved a law allowing the government to seize assets linked to corruption cases, as it investigates irregularities at state oil company PDVSA and other state companies.

The Advantage Sweet issued a distress call at 1:15 p.m. while in international waters as Iran seized the vessel, the Navy said

Oil company’s decision to water down climate commitments prompts backlash from investors at AGM

Iran seized a Marshall Islands-flagged oil tanker in the Gulf of Oman in international waters on Thursday, the U.S. Navy said, the latest in a series of seizures or attacks on commercial vessels in sensitive Gulf waters since 2019.

Africa’s biggest oil producer holds some of the world’s biggest gas reserves and is seeking investment in the sector.

TikTok users are going crazy for one woman's cleaning hack that gets rid of greasy oil stains on clothing in an hour. Here's what you need to pull it off.

Chilean President Gabriel Boric's pitch last week to enshrine greater state control over lithium is emerging as the latest test for the resource nationalism embraced by Latin America's ascendant left but which has proven tough to implement in practice.

The 21-year-old Iraqi, who lived by a smoke-choked oilfield, died of cancer. His message must be heard, says journalist Jess Kelly