The Latest Breaking News from Oil

Dutch bank ING says it is accelerating its phasing out of funding for oil and gas exploration and production activities while it increases financing for renewable energy

Get ready for a wild ride as Asian shares surge amidst an ongoing fever for a U.S. rate cut! Oil holds its gains, adding to the thrill of the markets.

Oil prices tick higher as the energy market eagerly keeps tabs on Red Sea developments. Find out how this aquatic adventure impacts global crude oil prices.

Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and its ten allies have struggled to boost flagging prices.

Declining demand, increased oil production from key oil-producing nations, and geopolitical factors contributed to the downward trend in UK petrol prices.

Foreign rescue and aid workers, along with the UN and volunteers, rallied Tuesday to help victims of the explosion and fire at Guinea's main oil depot on Monday that killed 18 people, injured 212 others and prompted concerns about fuel supplies.

Maersk's bold decision to reroute shipping away from the Red Sea due to Houthi attacks prompts an international coalition to secure the region and ensure s...

January WTI crude oil (CLF24 ) on Tuesday closed up +0.97 (+1.34%), and Jan RBOB gasoline (RBF24 ) closed up +4.18 (+1.94%). Crude oil and gasoline prices on Tuesday settled moderately higher but remained below Monday's 2-week highs. A weaker dollar on Tuesday was bullish for energy prices. Also, geopolitical...

Yet another federal circuit court of appeals rejects energy company removal claims.

Join the exciting journey as the U.S. leads a 10-country team to counter reckless Houthi rebel attacks. Discover how this international coalition tackles t...

Iranian-backed Houthi militants have vowed to continue their attacks on vessels