The Latest Breaking News from Oil

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Samoa’s deputy prime minister says there's no evidence of a major fuel spill on a Samoan reef after a New Zealand navy ship sank

Residents in Feodosia said a series of powerful blasts rocked the coastal Black Sea city around 4:30 a.m. local time and sent pillars of flame and smoke into the sky.

The recovering U.S. economy showed it isn't out of the woods yet when it comes to a soft landing as three frightening factors reared their ugly heads on Monday.

Nov WTI crude oil (CLX24 ) Monday closed up +2.76 (+3.71%), and Nov RBOB gasoline (RBX24 ) closed up +5.80 (+2.77%). Crude oil and gasoline prices Monday rallied sharply, with crude posting a 7-week high and gasoline posting a 6-week high. Crude prices Monday extended last week's sharp rally on...

I have my hair icons; don’t we all. Brigitte Bardot is up there, forever making me yearn for an abundance of hair, tousled just so. Then there’s a Bond-era Sophie Marceau, hair streaming down her back, long fringe framing her face. More recently Daisy Edgar-Jones’ ‘do has made me a…

As oil prices surge amid rising tensions in the Middle East, energy stocks are gaining momentum. Fundamentally sound companies like Enterprise Products Partners (EPD), Energy Transfer (ET), and Suncor Energy (SU) are well-positioned to capitalize on the favorable pricing environment, making them attractive options for those looking to navigate the…

Reports of strategy reset leave campaigners saying company is prioritising profits over planet

The oil market is experiencing continuous growth thanks to the delayed OPEC+ production increases, lower interest rates supporting economic activities, and strong demand. Therefore, it could be wise to invest in top oil stocks Schlumberger (SLB), VAALCO Energy (EGY) and Obsidian Energy (OBE), which have significant upside potential. Read on.