The Latest Breaking News from Oil

July WTI crude oil (CLN23 ) this morning is up +0.30 (+0.42%), and July RBOB gasoline (RBN23 ) is up +0.71 (+0.27%). July Nymex natural gas (NGN23 ) is up +0.073 (+2.88%). Crude oil and gasoline prices this morning rose to 1-week highs and are moderately higher. Crude prices are...

The International Energy Agency (IEA) says global oil demand will slow “markedly” in the coming years and a peak is “on the horizon”.

Last week was so chock full o' news, what with the Trump indictment and the deaths of religious right-winger Pat Robertson and the Unabomber Ted Kaczynski, that I'm concerned that another significant passing has received far less attention than it deserved.

The companies containment units are in position to capture potential oil spills from a super tanker held hostage off the coast of Yemen

If the saying ‘the way to a man’s heart is through his stomach’ is true, there’s no better way to celebrate than by cooking up a seriously scrumptious meal, says Margie Nomura

India has increased purchases from almost nothing to close to 2 million barrels per day, while China has raised liftings to 2.2 million barrels per day. With Europe banning import and G7 imposing shipping restrictions on Russian oil, more than 90% of the product is now headed to Asia, with…

Saudi Crown Prince Mohammed bin Salman meets French President Emmanuel Macron in Paris on Friday at the start of a visit aimed at boosting bilateral ties and the oil kingdom’s standing in the international community. But human rights groups warn that the Saudi's gain is France’s loss on an increasingly…

Ian Howard, who has 70 offences on his record, including two for cultivating the class B drug, claimed he'd been growing the crop to make cannabis oil for himself

When the Group of Seven nations, the European Union and Australia last year announced a plan to cap the price of Russian oil, U.S. officials said it would deliver a most effective blow to Russia’s economy, undermining its greatest revenue source

The director of the Excise Department's Prevention and Suppression Bureau was involved in a case of illegally transported oil detected by the Highway Police on June 7, according to the results of an internal probe.

The head of the United Nations launched a tirade against fossil fuel companies Thursday, accusing them of betraying future generations and undermining efforts to phase out a product he called “incompatible with human survival.”