The Latest Breaking News from Oil

"I think the hope of the international community at this point is to avert a World War III rather than this smaller-scale war of attrition."

“There may be tits for tats. The danger is the tits and the tats could get a lot bigger.”

Oil prices climbed this week as unrest in the Middle East escalated

Nov WTI crude oil (CLX24 ) Friday closed up +0.67 (+0.91%), and Nov RBOB gasoline (RBX24 ) closed up +0.32 (+0.15%). Crude oil and gasoline prices Friday added to Thursday's sharp rally and posted 5-week highs. Crude prices have rallied sharply in the past two sessions on concern Israel will...

Mexico's President Sheinbaum shifts energy policy towards renewables, reducing oil production and emphasizing sustainability for a greener future.

The Supreme Court has left in place an environmental regulation aimed at reducing the oil and gas industry’s emissions of the potent greenhouse gas methane

Nov WTI crude oil (CLX24 ) today is up +0.98 (+1.33%), and Nov RBOB gasoline (RBX24 ) is up +0.92 (+0.44%). Crude oil and gasoline prices today added to Thursday's sharp gains and posted 5-week highs. Crude prices have rallied sharply in the past two sessions on concern Israel will...

In her first days as Mexico’s new president, Claudia Sheinbaum made a point of distancing herself from the fossil fuel reliance promoted by her predecessor, Andres Manuel Lopez Obrador, and vowed to resume an energy transition that he halted

Gulf Arab states are on alert as tensions rise over potential Israeli retaliation against Iran's oil facilities, with fears of economic and environmental i...