The Latest Breaking News from Oil

The Iranian regime has a long, dishonorable history of assassination plots against dissidents and detractors abroad, but commissioning a hit against a former U.S. national security adviser represents a raising of the bar in brazenness. The revelation that a member of the Islamic Revolutionary Guard Corps attempted to have John…

Traders are reporting decent footfall after years of pandemic turmoil but face new pressures with soaring costs and a lack of staff

For nearly 60 straight days, drivers have seen a steady drop in gasoline prices — something that seemed unfathomable earlier in the summer when the average price nationally approached $5 a gallon.

The bill would invest billions into issues acutely impacting Texas, including climate change and health care, and is the result of months of intraparty fighting between moderates and progressives.

After nearly six months of fighting, Moscow’s invasion has yielded at least one big reward write Anthony Faiola and Dalton Bennett

Oil shipments from Russia through a critical pipeline to Czechia have resumed after more than a week

The U.S. House passed a sweeping climate, energy and health care bill on Aug. 12, 2022, that contains about US$370 billion to foster clean energy development and combat climate change, constituting the largest federal climate investment in history. The bill now goes to President Joe Biden for his signature.

Gas prices hit record highs just two months ago, but now they're sinking below $4 a gallon

The government will roll out a set of measures to ease the economic impact of the global fuel crisis caused by the Russia-Ukraine war, said Krisada Chinavicharana, permanent secretary of the Finance Ministry.

Star Petroleum Refining Plc (SPRC) has reportedly paid about 90% of due compensation, worth 299 million baht, for two crude oil leaks in Rayong at the start of the year.

AUSTIN — A little-known state committee consisting mainly of oil and energy executives approved recommendations Wednesday that lawmakers could rely on in next year’s legislative session to reshape Texas’ shaky power grid.