The Latest Breaking News from Oil

Saudi Arabia is hosting the United Nations Cop16 conference on desertification this week, with the world's top oil exporter positioning itself as an environmental defender despite criticism of its role at previous climate talks.

Oil plays a central role in maintaining overall health and is mostly linked directly with heart health. When it comes to maintaining a healthy heart, most people think of changing their cooking oil first. The oil that we consume can have a beneficial effect or a detrimental effect on the…

Keeping tools free from rust will extend their life and maintain optimum performance

As a Waitrose report reveals that high-end, beautifully packaged groceries are the must-have gift, a food-lover heartily applauds the new trend

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They are proposing a more pragmatic approach involving allowing more oil exports in exchange for Venezuela reducing outward migration and taking in deportees

January WTI crude oil (CLF25 ) Friday closed down -0.72 (-1.05%), and January RBOB gasoline (RBF25 ) closed down -0.0296 (-1.53%). Crude oil and gasoline prices on Friday gave up early gains and settled moderately lower, with crude posting a 1-1/2 week low and gasoline dropping to a 2-month low....

Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other

January WTI crude oil (CLF25 ) today is up +0.73 (+1.06%), and January RBOB gasoline (RBF25 ) is up +0.0172 (+0.89%). Crude oil and gasoline prices today are moderately higher. Today's decline in the dollar index (DXY00 ) to a 2-1/2 week low is bullish for energy prices. Also, expectations...