The Latest Breaking News from Oil

Plus, the $18 oil that makes her feel super sexy.

Sixty days and 1,182 bills later, state legislators take a pass on oil and gas reforms.

BP kick-started a search for a new chair after Helge Lund told the board he intends to leave the role ‘in due course’.

BP in February launched a major pivot back to its more profitable oil and gas business, shelving its once industry-leading targets on reducing carbon emissions and slashing clean energy investment.

Crude oil prices plummeted to near multi-year lows following President Trump’s reciprocal tariff announcement, with a larger-than-expected production increase by OPEC and its allies adding further pressure to the sell-off.

The 'bloom is off the rose' for Trump and the energy sector as stocks and prices plunge

The U.S. already imposes heavy sanctions on Russia but still did approximately $3.5 billion in trade last year

May WTI crude oil (CLK25 ) Thursday closed down -4.76 (-6.64%), and May RBOB gasoline (RBK25 ) closed down -0.1667 (-7.15%). Crude oil and gasoline prices plunged to 3-week lows on Thursday due to concern that President Trump’s harsher-than-expected reciprocal tariffs would ignite a trade war that derails the global...

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn