The Latest Breaking News from Oil

Commerce and Industry Minister Piyush Goyal met Executive Vice-President of the European Commission Valdis Dombrovskis in Bali.

The United Nations said Wednesday it has raised the $75 million necessary to salvage the Safer, a stricken tanker off Yemen, in an emergency operation aimed at averting a disastrous Red Sea oil spill -- and a potential $20 billion cleanup.

If you try to champion a sustainable lifestyle, why not convince your friends, too, with these planet-positive recipes from Lettice Events and Hedsor House

Oil rebounded on Thursday after sliding 1% in the previous session as concerns over tight supplies heading into winter eclipsed fears of a global recession. Brent crude futures rose 50 cents, or 0.6%, to $90.33 per barrel by 0319 GMT, recouping their losses in early Asia trade.

Energy authorities are planning to make gasohol E20 the primary oil fuel at petrol stations in place of gasohol E10, also known as gasohol 91, which will be gradually phased out.

The move also follows UK government plans to help with spiralling energy costs for homes and businesses

Shares of crude oil exploration company Marathon Oil (MRO) have garnered significant investor attention and gained more than 124% over the past year. In addition, the company’s solid financials and profitability make it well-positioned to deliver handsome gains in the near term. Therefore, it could be wise to invest in…

Raging inflation and the Fed’s commitment to bring it under control with rate hikes are raising recession worries. However, according to BofA, the market could see a rally later this year. Given the macro uncertainties, we think investors should add fundamentally solid stocks Microsoft (MSFT), Merck & Co. (MRK), and…

Nutrient-rich and bursting with umami, nutritional yeast flakes have been a vegan cheese substitute for years. Now nooch is going mainstream

Humanity must remove up to 660 billion tonnes of carbon dioxide (CO₂) from the atmosphere by the end of the century to limit global warming to 1.5°C. That’s according to the most recent report by the Intergovernmental Panel on Climate Change (IPCC), which based its estimate on atmospheric CO₂ concentrations…

U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 100 points on Wednesday.