The Latest Breaking News from Oil

The Yemeni government urged the international community to take collective action to deter the Houthi militia terrorism, saying condemnation statements shouldn't be enough. This came following a Houthi attack using drone against an oil terminal in eastern Yemen. The attack targeted Al Dabba oil terminal, near the port city of…

Stock market confidence continues to build after the FTSE 100 index today held its position at a two-month high.

Washington and its allies are planning to finalize a price cap for Russian oil in "the next few days," as they seek to cut off a critical source of funding for Moscow, the US Treasury Department said Tuesday. The price cap would be the basis for a ban set to…

Jac, a seven-year-old springer spaniel, can find scent of underground problems and point them out with his paw to engineers.

Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, aims to become a renewable energy-driven company by 2030 to help the government fight global warming and better cope with high global energy prices.

G7 nears a Russian oil price cap; Ukraine setting up ‘invincibility centres’ with heat and power for winter

The Group of Seven nations should soon announce the price cap on Russian oil exports and the coalition will probably adjust the level a few times a year rather than monthly, a senior U.S. Treasury official said on Tuesday.

Emily Brocklebank, 23, and Louis McKechnie, 22, are found guilty of damaging the painting’s valuable picture frame during a protest in a London gallery

The NCAA also announced Tuesday that Ford Field in Detroit would host the Final Four in 2027, while Lucas Oil Stadium in Indianapolis would get the 2029 event and AT&T Stadium in Dallas would get the 2030 event.

The US military on Tuesday said debris analysis has concluded that the same type of Iranian drone that Tehran has supplied to Russia for its invasion of Ukraine was used to attack a commercial tanker off the coast of Oman a week ago. The US Navy's Bahrain-based 5th Fleet published…

Nigeria has begun drilling oil and natural gas in the country’s northern region, anticipating a boost to the nation’s finances even as the new energy supplies face the threat from theft and extremist activity