The Latest Breaking News from Oil

Ministers have shattered the legal system and are failing to tackle the climate crisis. Now they are making protesters their scapegoats, says activist Indigo Rumbelow

Oil rebounded on Tuesday after plunging by more than 3% in the previous session, as the implementation of sanctions on Russian seaborne crude oil eased concerns about oversupply while the relaxing of China's COVID curbs bolstered the demand outlook. Brent crude futures had gained 85 cents to $83.53 a barrel…

Four people die in Russian strikes; majority of missiles shot down

SACRAMENTO, Calif. — Gov. Gavin Newsom on Monday unveiled an outline of his plan to place a cap on oil refinery profits in California, a proposal he's asking lawmakers to approve in hopes of reducing future spikes on gasoline prices.

MIAMI — Former Miami Congressman David Rivera was arrested Monday on federal criminal charges related to his multimillion-dollar consulting contract with Venezuela’s state-owned oil company, federal prosecutors confirmed.

Al Jazeera answers five key questions to better understand the effect of the EU and G7’s move.

The White House said on Monday that it was not surprised by Russia's reaction to the West's price cap on oil from the country.

Brenley Davis had less than a week to wait before her big day with fiancé Justin Davis when an oil fire at their home in Jacksonville, North Carolina, left her in agony and covered in burns

Russia is one of the largest producers of crude oil, and it provides more than a third of Europe’s oil imports.