The Latest Breaking News from Oil

Imy Brighty-Potts dives into Clare Andrews’ new cookbook, which proves that your new kitchen bestie is for so much more than chips

Public transportation, schools and electricity, oil and gas supplies are disrupted in France as demonstrators were to take to the streets for a third round of nationwide strikes and protests against the government’s pension reform plans

Taste tests from Which? and Good Housekeeping have found that eight Lidl items beat out major brands.

Saudi Arabia, the world's top oil exporter, raised prices for its flagship crude for Asian buyers for the first time in six months amid an expectation of oil demand recovery, especially from China, according to Reuters. Informed sources reported Monday that the official selling price (OSP) of Arab Light crude,…

Oil and gas giant comes in for criticism as it lowers the ambition of its climate change pledges

PROFIT more than doubled at oil giant BP last year to hit record highs ...

BP today racked up an annual profit of $27.6 billion (£23 billion), more than double the previous year’s haul after a surge in oil and gas prices.

Energy company faces calls for toughened windfall tax as it reaps rewards from high gas prices

Friends of the Earth says BP’s profits ‘will be yet more salt in the wound for millions of people who’ve struggled to afford to stay warm and well this winter’

Oil prices rose for a second straight session on Tuesday, driven by optimism about recovering demand in China, and concerns over supply shortages following the shutdown of a major export terminal after an earthquake in Türkiye. Brent crude futures rose 82 cents, or 1.01%, to $81.81 per barrel by 0300…

Workers at Santos' Point Bonython port, near Whyalla, are continuing strike action that started in late 2022, with the union demanding a 5 per cent pay rise, or a rise that matches CPI.