The Latest Breaking News from Oil

Warren Buffett’s massive bet on Occidental Petroleum shows how he’s evolved from past oil mistakes to future-ready investments.

The impacts of Trump’s tariffs have hit economies across the world

Australia has huge reserves of coal and gas – but very little oil. Before the 20th century, this didn’t matter – trains ran on local coal. But as cars and trucks have come to dominate, Australia has become more and more reliant on imported oil.

A few key products make all the difference.

President’s former economic adviser Stephen Moore said that he’s ‘worried’ that the declining energy prices could mean investors think demand will drop due to the tariffs

May WTI crude oil (CLK25 ) Monday closed down -1.29 (-2.08%), and May RBOB gasoline (RBK25 ) closed down -0.0344 (-1.67%). Crude oil and gasoline prices retreated Monday for a third session, with crude falling to a 4-year low and gasoline dropping to a 6-week low. Tariff turmoil continues to...

Value-buying opportunities are likely lurking in many commodity futures markets, including grains and livestock.

The tariff ripple effects should lower fuel prices but put the oil industry in its toughest financial quandary since the pandemic.

Japan's Nikkei is now in a bear market.