The Latest Breaking News from Oil

Saudi Arabia’s rejection of the negative statements against it in wake of the OPEC+ decision was welcomed by Arab and Islamic leaders. The officials expressed their solidarity with Saudi Arabia and strong condemnation of the statements and campaigns against Riyadh. On Thursday, an official source at the Saudi Foreign Ministry…

Cuts by world’s biggest petrol producers will work against other governments’ efforts to tame inflation by releasing fuel stocks

The operator of Ecuador's private oil pipeline on Friday disclosed a spill in the Andean country's Amazon region, saying vandals damaged tubing that was no longer in service and caused an unspecified quantity of crude still in the tube to escape into the environment.

At last, Ducati took the covers off its latest Panigale V4 R, a numbered and extremely special road bike featuring more racing-derived tech than ever before.

Margaret Qualley looks too young to play battle-heartened journalist on the run with a mystery man.

Kerch bridge attacked; Russia launches strikes across Ukraine; winter weaponised

Environmental protesters threw tomato soup over one of Vincent van Gogh's "Sunflowers" paintings at London's National Gallery on Friday, in the latest "direct-action" stunt targeting works of art.

Democrats call for suspension of transfer of Patriot missiles in wake of ‘turning point’ in relationship with Saudis

Arab League Secretary-General Ahmed Aboul Gheit expressed on Friday his rejection of the “negative media campaign against Saudi Arabia in wake of OPEC+’s partial oil cut” last week. A spokesman for Aboul Gheit said the “baseless” statements are “far removed from the truth.” “Rather, they are aimed at politicizing purely…