The Latest Breaking News from Oil

That's one charming rotten killer.

The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF's "relatively good" outlook for the world economy, its chief economist told AFP. "We are projecting a global economy that is quite resilient for 2024," Pierre-Olivier Gourinchas said in an interview ahead of…

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Venezuelan President Nicolás Maduro's government faces a deadline this week — to commit to holding free and fair elections or face renewed U.S. oil sanctions.

Global stock markets faced downturn due to high US consumer spending, impacting interest rates and bond yields.

In an unprecedented deal, a private company purchased land in a tiny Arizona town – and sold its water rights to a suburb 200 miles away

There is pressure from the rest of the world, including the US, on Israel to desist from escalating matters with Iran. At the same time, there was pressure from within Israel to respond to the attack by Iran, he pointed out, while referring to reports in Israeli media.

Global oil prices stabilize amidst China's economic growth and Middle East tensions, influenced by various factors.

US links easing Venezuela oil sanctions to electoral progress, impacting US-Venezuela relations and regional stability.

Recent events in the Middle East raise concerns about Iran's oil exports, but Biden is unlikely to cut off Iran's oil lifeline due to a focus on diplomacy.

Nearly 4,000 British Airways customers were affected by the protest