The Latest Breaking News from Oil

Taking of vessel relates to dispute over sanctioned oil but will worsen tensions over marine navigation in Middle East

February WTI crude oil (CLG24) this morning is up +1.96 (+2.75%), and Feb RBOB gasoline (RBG24) is up +5.98 (+2.89%). Crude oil and gasoline prices this morning are sharply higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf of...

Humans are racing to harness the ocean’s vast potential to power global economic growth. Worldwide, ocean-based industries such as fishing, shipping and energy production generate at least US$1.5 trillion in economic activity each year and support 31 million jobs.

Suspicion has fallen on Iran over apparent seizure as vessel was involved in dispute between Iran and US

Vessel bound for Turkey from Iraq was once at the centre of a crisis between Iran and the United States.

Robust demand for oil and gas, production dynamics, and geopolitical tensions project a potential surge in oil prices for the foreseeable future. To that end, let's turn our attention to scrutinizing quality oil and gas stocks Enterprise Products Partners L.P. (EPD), Marathon Petroleum Corporation (MPC), and Global Partners LP (GLP),…

In New Jersey, as of 11 January 2024, gas prices have remained remarkably stable, holding firm at .93 per gallon for regular unleaded gasoline, mirroring...

Consider this your go-to pre-slumber guide

Stay updated on global oil prices as tensions rise in the Middle East. Discover how these developments may impact the energy industry and economies worldwide.

Brunei's polo-playing Prince Abdul Mateen, one of Asia's most eligible bachelors, is set to marry his commoner fiancee on Thursday as part of a lavish 10-day celebration in the oil-rich sultanate.

Rajasthan Chief Minister Bhajan Lal Sharma on Wednesday flagged off 2,100 cooking oil drums and a ‘Ram Durbar’ procession, heading to ‘Sita Rasoi’ (Sita’s kitchen) in Ayodhya.