The Latest Breaking News from Oil

Rules governing biofuel content will lead to drivers paying more to fill up their vehicles this year

The RAC are calling it a 'dark day for drivers' as the cost of petrol has officially topped a tonne per tank for the first time in UK history - with diesel prices sitting even higher.

Exports could face significant headwinds from rising uncertainty and volatility in the global economy primarily because of the spike in commodity prices, especially crude oil after Russia invaded Ukraine

Explainer: Average cost of 55-litre tank of diesel or petrol is more than £100, adding to squeeze on finances

From Asturias to Andalucía, food writer Fiona Dunlop shares the most delectable and distinctive Spanish dishes and delicacies

The war in Ukraine and drought fuelled by climate change has sent global prices for grains, cooking oils, fuel and fertilizer soaring.

It’s official, the cost of filling up an average tank of petrol has hit £100, driven by the continued surge in oil prices.

US crude oil futures traded higher this morning on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment…

Iran expects an oil cargo confiscated by Greece to be returned in full, the semi-official Tasnim news agency reported Tehran's ambassador to Athens as saying on Thursday, following a Greek court ruling quashing the original decision to confiscate it.

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A court in central Greece has overturned a ruling that authorized the confiscation of crude oil from an Iranian-flagged tanker at the center of a volatile dispute over international sanctions