The Latest Breaking News from Oil

WASHINGTON — The Biden administration is delaying the replenishment of the nation’s emergency oil reserve after deciding the offers it received were either too expensive or didn’t meet the required specifications, according to people familiar with the matter.

They’re reasonable for a $3-million supercar.

The firm made 9.5 billion dollars in profit in just three months last year.

Although he has never had to deal with any supernatural horrors at sea, former oil worker Andrew Morrissey says that life offshore can be even more monstrous in reality

WASHINGTON — For four years, Juan Guaido has embodied the audacious gamble by the U.S. government to unseat Venezuela's autocratic leader and restore democracy to a once-prosperous, oil-rich nation mired in political and economic chaos.

The puppy was rescued thanks to a vet's smart thinking to use olive oil to dissolve the glue.

Global prices for food commodities like grain and vegetable oils were the highest on record last year even after falling for nine months in a row

Venezuelan President Nicolas Maduro on Friday named the new head of state oil company PDVSA as Pedro Rafael Tellechea and said Yvan Gil Pinto would become the country's new foreign minister.

To shift to clean energy, America must rethink supply chains.

Most European consumers’ shopping baskets tend to include items linked to deforestation in tropical regions, involving agricultural commodities such as beef, soybeans, palm oil, cocoa, rubber, coffee, timber and paper. These so-called “forest-risk” commodities are used in thousands of consumer goods ranging from hamburgers to chocolate bars.

Emily Hampshire has a long resume, but for many American audiences she broke through with the role of the socially awkward, flannel-wearing motel employee Stevie Budd on “Schitt’s Creek.” Now she’s starring on the new Amazon series “The Rig,” a thriller about a crew trapped on an oil rig stationed…