The Latest Breaking News from Oil

UK’s ninth richest man John Fredriksen owns The Old Rectory in Chelsea valued at up to £250 million and now reportedly up for sale

China called for a ceasefire. But despite its recent history of mediation in the region, its role was limited this time.

As the world watches the US–Iran situation with concern, the ripple effect from these events are reaching global oil supply chains – and exposing their fragility.

Despite a raft of problems from the Middle East to domestic tariff policies, markets seemed to welcome the fact things are comparatively settled.

August WTI crude oil (CLQ25 ) Wednesday closed up +0.55 (+0.85%), and August RBOB gasoline (RBQ25 ) closed down -0.0049 (-0.24%). Crude oil and gasoline prices on Wednesday settled mixed. Crude oil found support on Wednesday's bullish weekly EIA report, which showed a larger-than-expected draw in crude oil inventories and...

It's already been an eventful week for U.S. markets, with tensions in the Middle East bubbling and then calming down following a weekend of bombardment. But despite the uncertainty regarding a potential ceasefire, the stock and commodities markets shrugged it off with the NASDAQ 100 finally notching a new all-time…

A Shell-BP deal would represent the biggest energy deal of the century—if not ever.

Federal agents discovered Combs had firearms, tons of baby oil, bondage equipment, drugs and more at his homes in Miami and Los Angeles

July NY world sugar #11 (SBN25 ) Wednesday closed up +0.21 (+1.33%), and August London ICE white sugar #5 (SWQ25 ) closed up +11.00 (+2.35%). Sugar prices on Wednesday recovered from early losses and moved higher after a +1% rally in WTI crude oil (CLQ25 ) sparked some short-covering in...