The Latest Breaking News from Oil

Backing of oil, gas and coal projects under fire as campaigners deliver a letter to CEO Georges Elhedery

Coterra Energy has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Chevron has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

Even as Trump’s pledge to ‘drill, baby, drill’ is hampered by tariff chaos, analysis shows surge in planet-heating emissions

British energy giant Shell on Friday reported a sharp drop in first-quarter net profit as it was hit by weaker oil prices but pushed ahead with shareholder returns.

Chief executive Wael Sawan said Shell ‘delivered another solid set of results in the first quarter of 2025’.

Live, rolling coverage of business, economics and financial markets as the FTSE nets its longest-ever winning run, Amazon’s Bezos to sell stock worth up to $4.75bn; US employment figures higher than expected

More than 50 years ago, when I was a junior curatorial assistant at the Art Gallery of NSW, I had the daunting experience of hanging the annual Archibald, Wynne and Sulman prizes.

The United States said Thursday it expected new nuclear talks to take place soon with Iran but President Donald Trump vowed to enforce sanctions and called for global boycott of "any amount" of Iranian oil or petrochemicals.

June WTI crude oil (CLM25 ) Thursday closed up +1.03 (+1.77%), and June RBOB gasoline (RBM25 ) closed up +0.0315 (+1.56%). Crude oil and gasoline prices recovered from early losses on Thursday and posted moderate gains. Short covering emerged in crude oil Thursday after US stocks rallied sharply, which boosted...

The Texas Legislature has also invested millions in research to clean the fracking wastewater. Critics say it’s not a viable solution to the state’s water crisis.