The Latest Breaking News from Oil

In thrall to the oil and gas industries, wealthy nations are backing calamitous projects. But the tide is turning, says Tessa Khan of the climate action organisation Uplift

Suggestions definition of petrostate is too narrow as many rich countries that could phase out fossil fuels double down

The US and the UK among countries with low dependence on fossil fuels criticized for ‘hypocrisy’ on climate pledges

Protesters were arrested at two locations outside the UK’s busiest airport as climate protesters across Europe tried to disrupt air traffic

State regulators could have asked oil companies California Resources Corp. and Aera Energy for an estimated $2.4 billion to guarantee wells are plugged but decided they didn’t have the authority to do so.

Asian stocks decline, U.S. futures fall, oil prices rise. Japan's Nikkei drops, yen strengthens. Mixed performance in Asia and the U.S. market. Challenges ...

For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheeler favoured by motorists in the desert kingdom.

Australian shares have eased on weakness in property and energy as US big tech earnings underwhelmed and commodity prices fell.

Supply-demand dynamics, inventory fluctuations, and geopolitical tensions characterize the crude oil market landscape. Analysts at Morgan Stanley project the market to reach equilibrium by the fourth quarter of this year, potentially transitioning to a surplus by 2025. As traders await crucial US oil inventory data, the market is also reacting…

Chef Tyler Fenton of BATA talks charring, cooking local and the bounty found in the 400 miles surrounding Tucson

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