The Latest Breaking News from Oil

Oil prices surge 13 percent after dramatic supply cut by oil producing nations, putting new pressure on inflation and interest rates.

New gas and oil exploration will not be good for the environment despite the spin

Interest rates are nearing new highs which has pushed stocks to new lows. Now oil is looking higher as well. Time to take a technical take on the markets.

Police arrested 100 activists involved in demonstrations in London over the weekend

The latest kitchen must-have is healthy and cheap to run – but as an alternative to a pan of tumbling boiling golden fat, it falls way short

While cooking sprays are great for ease and for making low-calorie food options, but it's not so great for the health of your non-stick pans. Here an expert explains why you should avoid them

The U.S. has accused Saudi Arabia of siding with Russia after it led OPEC+ in a shock decision to slash crude output, keeping oil prices high at a time of global concern about inflation. The world’s largest oil exporter insists the decision was about economics, not politics.

Syria’s Foreign and Expatriates Ministry reiterated accusations against the United States that it was plundering Syrian oil and sending them to Iraq. It condemned the practice as “piracy”, a “return to colonial practices” and violation of international law and United Nations conventions. It called on the UN Security Council to…

Traffic resumed Saturday over a key bridge linking Russia with Crimea -- seen as a symbol of the Kremlin's annexation of the peninsula -- after it was partially destroyed by an explosion Moscow blamed on a truck bomb. The Kremlin announced on the same day the appointment of a new…

Putin’s plague has put the entire postwar consensus on life support

High oil and gas revenues notwithstanding, Putin’s ability to fight is being eaten away as the months go by