The Latest Breaking News from Oil

SCOTLAND’S budget deficit is forecast to grow because of falling oil and gas prices – sparking a warning from a top economist.

World oil prices soared Monday after several top producers led by Saudi Arabia sprang surprise output cuts despite already angering the United States with a similar move last year.

Morning Markets June S&P 500 futures (ESM2 3) this morning are down -0.18%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.81%. U.S. stock index futures this morning are moderately lower on higher bond yields after the action by OPEC+ to cut its crude production by 1 million...

From rural Pennsylvania to Los Angeles, more than 17 million Americans live within a mile of at least one oil or gas well. Since 2014, most new oil and gas wells have been fracked.

LABOUR’S plans to use Scotland’s oil and gas resources to fund a council tax freeze in England have been branded a “slap in the face”.

The domestic diesel price is to be cut to 33 baht a litre this Friday, down from 33.5 baht a litre, as global oil prices keep falling, says the Oil Fuel Fund Office (Offo).

All you need to know about the Opec+ decision to cut production and the potential knock-on effects

In support of the stability of the global oil markets, and the enhancement of the balance between supply and demand, the member of the Organization of Petroleum Exporting Countries (OPEC) and the producing countries within the OPEC+ have decided to implement a voluntary reduction of crude oil production. Experts described…

Stunned by indictment at first, ex-president indicates he wants to politically ‘rough ’em up’. Plus, Judy Blume calls for fight back against censorship

Yale's Sonnenfeld and Tian call out a year of bad energy calls.

This is the time of year when people can't wait to shed their heavy winter coats and head outside to look for the many signs of spring.