The Latest Breaking News from Oil

Australians are feeling the pinch from rising inflation, but experts are divided on whether the 1970s economic phenomenon is back

Indonesian President Joko Widodo announced a cabinet reshuffle on Wednesday, appointing a new trade minister following controversy over a series of policy flip-flops on palm oil exports.

The Energy Ministry will aim to cap the retail price of diesel at no more than 35 baht per litre until the end of this month as it waits for new energy price subsidy measures to be approved, permanent secretary for energy Kulit Sombatsiri said on Tuesday.

Plus, a recipe for stir-fried sweet and sour pork from Northeastern China

A higher-than-expected May inflation report has concerned investors since this could force the Federal Reserve to hike interest rates aggressively. Since the possibility of the economy slipping into a recession is expected to keep the stock market under pressure, investors could consider stocks that tend to perform well amid an…

Shares of small-cap oil and gas company Houston American Energy Corporation (NASDAQ: HUSA) are trading higher by 5.87% at $6.77 Tuesday. Energy companies at large are trading higher amid strength in oil prices.

New figures from the RAC show the price of petrol has jumped to 192.6p as diesel spiked to 186.5p. Driving is becoming more and more expensive, we looked at reasons why the cost of fuel continues to rise.

Indonesia Energy Corp Ltd (NASDAQ: INDO) shares are trading higher by 12.42% to $8.69 on above-average volume. Shares of energy companies at large are trading higher amid strength in oil prices.

Ministers wanted to cash in on oil around islands before and after war