The Latest Breaking News from Oil

The G7 would need to get large consumers like India and China involved for such a plan to work.

Oil prices fell on Monday, paring gains from the previous session, as fears of a global recession weighed on the market even as supply remains tight amid lower OPEC output, unrest in Libya and sanctions on Russia. Brent crude futures for September slipped 36 cents, or 0.3%, to $111.27 a…

Lewis Hamilton defended a group of “Just Stop Oil” protestors who invaded the track during the British Grand Prix on Sunday.

Fluctuating Chinese demand has contributed to this year's volatility in international oil prices. But the latest evolution on the supply side will have immediate geopolitical and financial implications that go well beyond the oil market. Specifically, Saudi Arabia has returned as the most important swing producer and thus the most…

Zhou was involved in a high-speed crash but avoided serious injury in a race that was later interrupted by Just Stop Oil protesters

"Oil prices have dropped by about $15 over the past month, but prices at the pump have barely come down."

Seven people have been arrested after a Just Stop Oil-backed 'track invasion' at the British Grand Prix, despite Northamptonshire Police having offered a peaceful protest alternative.

Seven people have been arrested after a Just Stop Oil-backed 'track invasion' in the British Grand Prix, despite the Northamptonshire police having offered a peaceful protest alternative.

Amazon.com Inc. founder Jeff Bezos criticized a tweet from President Joe Biden calling for oil executives to reduce gasoline prices.