The Latest Breaking News from Oil

A New York law demands fossil fuel companies pay $75 billion for carbon emissions dating back to the year 2000. Other Democrat-controlled states plan to follow suit.

April WTI crude oil (CLJ25 ) Wednesday closed up +1.43 (+2.16%), and April RBOB gasoline (RBJ25 ) closed up +0.0451 (+2.14%). Crude oil and gasoline prices on Wednesday finished moderately higher. Wednesday's weekly EIA inventory report supported crude prices after crude supplies rose less than expected and gasoline stockpiles fell...

New footage captures the moment of impact when the Stena Immaculate oil tanker collided with the Solong cargo ship in the North Sea on Monday, 10 March, off the coast of East Yorkshire.

Operators lost enough natural gas to power 12,000 homes for a year, even as legislators debated and abandoned most new reforms.

Oil giants retreat on climate pledges, embrace Trump-era fossil fuel policies at CERAWeek in Texas

April WTI crude oil (CLJ25 ) today is up +1.50 (+2.26%), and April RBOB gasoline (RBJ25 ) is up +0.0438 (+2.08%). Crude oil and gasoline prices are moving higher. Today's weekly EIA inventory report supported crude prices after crude supplies rose less than expected and gasoline stockpiles fell more than...

Two Just Stop Oil protesters have been arrested after pouring orange powdered paint over a robot at a Tesla shop in west London, the Metropolitan…

For many years Formula 1 tried and failed to connect with the US audience, but all that has changed in the last decade. Burgeoning interest is now served by three grands prix on US soil and an American team on the grid – with another one about to join. Cadillac is…

Retired teacher Catherine Rennie Nash, 74, and former tax adviser Nigel Fleming, 63, are being questioned by police.