The Latest Breaking News from Oil

Hours after the applause and relief that the world had finally reached a landmark climate agreement in Dubai, US special envoy John Kerry admitted that he thought it might never happen.

January WTI crude oil (CLF24 ) on Thursday closed up +2.11 (+3.04%), and Jan RBOB gasoline (RBF24 ) closed up +9.39 (+4.64%). Crude oil and gasoline prices Thursday posted 1-week highs and settled sharply higher. Thursday's slump in the dollar index (DXY00 ) to a 4-¼ month low is bullish...

Amid the current oil market dynamics, does energy services provider Halliburton Company (HAL) have the potential to power your portfolio? Let’s look at its financial metrics to gauge its prospects….

Maduro’s annexation threat is only the latest move on a chessboard stretching back to the 15th century. The outcome could reverberate throughout Latin America and the Caribbean

In the final COP28 text, "oil and gas" and "phase out" are out, "fossil fuels" and "transition away" are in.

Oil prices glisten and ascend in response to a softer dollar combined with the IEA's performance-enhancing tweak to global demand estimates.

The latest UN climate summit, COP28, was always going to be controversial. It was held in a state whose economy is heavily dependent on oil and gas – the United Arab Emirates. The summit president, Sultan Al Jaber, remains head of the Abu Dhabi National Oil Company and recently declared…

Russia plans big defense spending with inflation running high. But Vladimir Putin thinks the economy is doing great as it grows and keeps unemployment low.

Need to ‘transition away’ from fossil fuels may have been recognised, but for many that does not go far enough