The Latest Breaking News from Oil

Since 1945, the S&P 500 has dropped 0.73% on average in September compared with a 0.7% gain for the index across all months over the same period.

October WTI crude oil (CLV23 ) on Wednesday closed up +0.85 (+0.98%), and Oct RBOB gasoline (RBV23 ) closed up +2.04 (+0.79%). Crude oil and gasoline prices Wednesday posted moderate gains, with crude climbing to a 9-1/2 month high. Crude found carryover support from Tuesday when Saudi Arabia and Russia...

The Biden administration canceled oil and gas leases in the Arctic National Wildlife Refuge that Congress mandated in a 2017 law.

NYMEX heating oil prices rose to a record high in April 2023, soaring past the previous 2008 peak. Heating oil is a distillate fuel, and the NYMEX futures are a proxy for jet and diesel fuels. Despite heating oil’s use as a winter fuel, distillates experience less seasonality than gasoline…

Government choice of energy regulator boss criticised as ‘putting the fox in charge of the hen house’

The energy sector presents a strong prospect for substantial growth this year, driven by surging crude oil prices. Given this backdrop, it might be wise to add quality energy stocks TotalEnergies SE (TTE), PBF Energy (PBF), and Marathon Oil Corporation (MRO) to your watchlist this month. Read on….

From a squirt of Rwandan chilli oil to rolling down a hill and fresh linen, it’s the little things that can make a big difference, writes Arwa Mahdawi

Scientists blame ever warming human-caused climate change from the burning of coal, oil and natural gas.

September S&P 500 futures (ESU23) are down -0.23%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.37% this morning as investors worried that higher oil prices might lead to increased inflation and potentially hinder the outlook for global economic growth.