The Latest Breaking News from Oil

Relaxation in three, two, one...

A court in Zagreb has ordered five people to be kept in custody for a month for questioning over a suspected fraudulent trade deal that lost Croatia's oil and gas firm INA 1 billion kuna ($132 million), local media said on Monday.

Average fuel prices in Australian capital cities remain well below the peaks seen in March and June. Recent data reveal fuel is around 30-35 cents per litre lower than the highs of two months ago. As of last week, the average price of 95 octane unleaded across eight capitals stood…

Libya's worst fighting for two years suddenly hit the capital, Tripoli, on Saturday. This explains what led to the violence, why it matters, and how things may play out.

The release of vast new areas along the Australian coast for oil and gas exploration is undermining proclamations about creating a cleaner economy

Low fuel supplies in the U.S. Northeast are raising concerns that an extreme weather event could cause supply disruptions

"If you're in a hole you first stop digging"

With no end to Ukraine war in sight and transition away from Russian gas ongoing, scale of support will have to be massive

Saudi Arabia is reaping the fruits of success after implementing transparent economic and financial policies, good management of the coronavirus crisis and carrying out economic reforms that have led to increased job opportunities and continued improvement in living standards, revealed IMF Mission Chief for Saudi Arabia Amine Mati. The Kingdom’s…