The Latest Breaking News from Oil

Tory peer Lord Stuart Rose said prices 'are going to go higher' than 6%, will stay high 'for quite some time', and even he will be making choices about what he does and doesn't buy

The Russian invasion of Ukraine continues well into its third month as Putin's forces continue to refocus their efforts on the east of the country having failed to seize Kyiv

Troop contributions to international interventions by authoritarian states pose a puzzle. On the one hand, participation in such interventions indicates support for a liberal-cosmopolitan order that entails the protection of human rights at an international level. On the other, authoritarian regimes deny these rights to their own citizens.

Ratings agency Fitch on Friday revised the outlook on Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), to "positive" from "stable" following a similar action on the country. It also affirmed the PIF's rating at "A". Fitch had cited improvements in Saudi Arabia's balance sheet due to higher…

With prices rising and oil shortages to contend with, it's the perfect addition to anyone's kitchen

Warnings are growing in Lebanon that the country’s lingering electricity crisis could worsen after its parliamentary elections on May 15, amid fears of total darkness engulfing the nation in light of dysfunctional public services. Walid Fayyad, Lebanon’s Energy Minister declared that the completion of the contract to import gas from…

The price of a 19-kg commercial LPG cylinder has been increased by Rs 102.50 on Sunday, which now costs Rs 2,355.50 against the earlier price of Rs 2,253.

AMARAVATI: The Ukraine war is helping oil palm farmers in the state. Palm fruit now costs ₹22,000 per tonne from the previous ₹10,000 per tonne. Edible oil prices continue to soar in open market due to shortage.

After complaining for years that high valuations were thwarting his stock-buying efforts, Warren Buffett’s Berkshire Hathaway Inc. is back hoovering up other companies’ shares.