The Latest Breaking News from Oil

Despite a supply chain crisis and higher upfront cost, the sale of electric vehicles (EV) increased in the first quarter of 2022, thanks to consumers' concerns over high energy prices and robust government initiatives to boost domestic production of EV batteries. So, Wall Street Analysts are bullish on the stocks…

Brussels plans to spend $314bn by 2030 to end its dependency on Russian oil and gas imports.

Russian leader accused of ‘weaponising’ global food supplies by targeting industry in Ukraine

NEW DELHI: Gautam Adani and Mukesh Ambani are profiting from a surge in global commodity prices triggered by Russia’s invasion of Ukraine, burnishing their fossil-fuel credentials even as Asia’s richest men publicly push their pivots toward greener energy.

U.S. stocks traded lower midway through trading, with the Dow Jones dropping more than 800 points on Wednesday.

"These pressures are not likely to abate in the very near future."

Edible oil traders too booked for various violations, says official

The U.S. markets are slowly adjusting to the Federal Reserve’s hawkish monetary stance and is witnessing modest rallies. However, because the stock market is expected to remain volatile in the near term, we think it could be wise to bet on top-notch dividend stocks British American Tobacco (BTI), Enterprise Products…

Four Guardian readers talk about how they are trying to keep up with rising prices