The Latest Breaking News from Oil

Geopolitical tensions and a potential disruption in supply are boosting the energy sector’s prospects. However, a slowdown in the global economy and a delay in interest rate cuts pose demand concerns for the sector. Let's analyze the investment prospects of Occidental Petroleum (OXY) and Exxon Mobil (XOM).

I joined Michelle Rook on Agweb's Markets Now earlier today to discuss the soybean, corn, and wheat markets. We also chatted about the U.S. dollar, oil, the stock market, and cattle prices.

In 2002, high explosives were laid in oil wells across 20 sq km of forest. The firm has gone but the pentolite remains, despite a court ruling, putting lives and the ecosystem at risk

Norway's sovereign wealth fund, the world's largest, posted a gain of more than $100 billion in the first quarter amid the global stock market recovery, it said Thursday.

Move in US election year could push up oil prices, but Washington says Maduro has not made promised electoral reforms.

Oil prices stabilize after drop due to global demand concerns and Middle East tensions easing.

Rolling coverage of the latest economic and financial news

US reimposes oil sanctions on Venezuela amid doubts about upcoming elections, escalating tensions in the South American country.

US revokes Venezuela's oil export license, impacting economy and prompting search for new markets.