The Latest Breaking News from Oil

Coast Guard swiftly averted potential environmental disaster, rescuing 36 people onboard NIO's RV Sindhu Sadhana, drifting close to Karwar. Ship was carrying valuable scientific equipment and data, posing imminent threat of oil spill.

Strong energy demand as China’s economy is rebounding and people planning vacation travel during summers coupled with tight supplies could push energy prices higher this year, benefitting energy producers and businesses serving them. So, let’s determine if investors should buy, hold, or sell energy stocks Schlumberger (SLB) and Geospace Technologies…

The Uxbridge by-election and the ongoing disputes over Ulez have shone a light on ideological struggles at the heart of the Opposition, says Anne McElvoy

‘Plant-based’ locomotives pioneered by Chiltern Railways in bid to cut emissions

Shell has reported that it earned nearly $5.1 billion in the second quarter

Midstream energy companies, which connect producers and end users, service the industry itself, rather than being tied to commodity prices.

Peter Flavel says Coutts fell below its ‘high standards’ in the handling of Nigel Farage’s case, while Rishi Sunak declined to say whether he had confidence in NatWest’s chairman

Campaigners criticise plan to increase oil and gas production despite extreme heat in Europe

Adjusted earnings were just under 5.1bn US dollars (£3.9bn) in the three months to the end of June, down from 11.5bn dollars (£8.9bn) a year earlier.

French oil giant TotalEnergies has started drilling oil wells in Uganda as part of the massive East African Crude Oil Pipeline project that has been opposed by environmental and human rights groups.

September WTI crude oil (CLU23 ) on Wednesday closed down -0.85 (-1.07%), and Sep RBOB gasoline (RBU23 ) closed up +4.39 (+1.57%). Crude oil and gasoline prices on Wednesday settled mixed. Crude prices are modestly lower after weekly EIA crude inventories fell less than expected. Also, the Fed's action Wednesday...