The Latest Breaking News from Oil

Sloppy Joes — ground meat in tomato sauce served over Cuban bread — have been an American favorite for over half a century. There are many claims to the origins of Sloppy Joes. One is from the H.J. Heinz Co., which, of course, made theirs with ketchup; another is a…

Afghanistan's Taliban-led administration is to sign a contract with a Chinese company to extract oil from the Amu Darya basin in the country's north, the acting mining minister said on Thursday.

Syria’s economy has hit its lowest point since its civil war started nearly 12 years ago, with spiraling inflation, a currency plunge and severe fuel shortages

THE UK Government is being urged to scrap exploration of an undeveloped North Sea oil field and transition away from fossil fuels.

It is thought to be the biggest undeveloped oil and gas field in the North Sea, with potentially 500 million barrels

The stock market witnessed significant volatility due to macroeconomic headwinds last year. While the market could remain under pressure in the near term, strong momentum stocks TotalEnergies (TTE), North American Construction (NOA), and Overseas Shipholding (OSG) might be able to sustain their gains, given their solid fundamentals. Therefore, these stocks…

This is the second instalment in our series on where the global economy is heading in 2023, which started with this article on global inflation.

As California transitions away from fossil fuels in the years ahead to pursue aggressive climate goals, an increasing number of oil and gas workers across the state will be forced to put their skills to use elsewhere.

BEIJING: China is ready to resume oil and gas talks and manage maritime issues “cordially” with the Philippines, President Xi Jinping said on Wednesday, according to Chinese state television.

While a slowdown looks inevitable, the U.S. economy might narrowly avoid a recession this year. Moreover, experts believe the stock market can recover in 2023. Therefore, investors might consider buying quality momentum stocks Schlumberger (SLB), Overseas Shipholding (OSG), Epsilon Energy (EPSN), and Adams Resources & Energy (AE) now. Keep reading….

The Oil Fuel Fund Office (Offo) is considering seeking an additional 30-billion-baht loan within March to repay debts incurred by using the fund to subsidise diesel and liquefied petroleum gas (LPG) prices.