The Latest Breaking News from Oil

Russia supplied North Korea with oil in violation of UN sanctions, deepening their relationship amidst reports of North Korean troops aiding Russia in Ukraine.

Indigenous leaders from the Wampis Nation in Peru are urging lawmakers at the House of Commons in London to ban international banks’ support for Amazon oil activities they say harm their ancestral rainforests

As Iran faces increasing tensions with the West and turmoil at home, a new exhibition at the Tehran Museum of Contemporary Art is displaying Western artwork including pieces not seen by the public in at least a decade

Khun Kim left her rural Thai village with little more than a dream and a street cart. Now, as the founder of Chaophraya, she’s celebrating 20 years of serving authentic Thai cuisine across the UK. From award-winning recipes to advice for home cooks, Kim talks to Hannah Twiggs about her…

Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California

January WTI crude oil (CLF25 ) Thursday closed up +1.35 (+1.96%), and January RBOB gasoline (RBF25 ) closed up +0.0105 (+0.53%). Crude oil and gasoline prices rallied to 1-1/2 week highs on Thursday and settled moderately higher. Escalation of the Ukraine-Russian war is pushing crude prices higher after Russia launched...

Indian Prime Minister Narendra Modi says his government views the South American country of Guyana as key to its energy security

Energy majors Shell and BP tracked rising oil prices on Thursday, while defence-oriented firms Rolls-Royce and BAE Systems also made solid gains.

The eight-day Jewish Festival of Lights is fast approaching

January WTI crude oil (CLF25 ) today is up +1.30 (+1.89%), and January RBOB gasoline (RBF25 ) is up +0.0090 (+0.46%). Crude oil and gasoline prices today climbed to 1-1/2 week highs and are moderately higher. Escalation of the Ukraine-Russian war is pushing crude prices higher after Ukraine said Russia...

Given increasing geopolitical concerns, rising oil prices, and extending OPEC+ production cuts, the oil and gas market is poised for robust growth. Therefore, fundamentally solid energy stocks Cenovus Energy (CVE), Suncor Energy (SU), and Energy Transfer (ET) could be ideal investment choices. Read more.