The Latest Breaking News from Oil

Aussie shares plunge, oil prices spike as war escalates

The Australian stock market has fallen to its lowest level since November, with heavy losses for goldminers as the yellow metal fell to $US4,850.

AAP · Mar 19

First lease sale in Alaska petroleum reserve in years draws strong interest despite pending lawsuits

The first oil and gas lease sale held in years in the National Petroleum Reserve-Alaska has been touted by officials as the strongest to date

The Independent UK · Mar 19

Reform UK Scotland to launch ‘unashamedly ambitious’ Holyrood manifesto

The party’s plan is to reintroduce North Sea oil and gas as Scotland’s primary energy source.

Evening Standard · Mar 19

Hyundai owners might want to check their oil after this viral mechanic video

Prevention is better than cure.

We Got This Covered · Mar 18

The Highest-Rated Healthcare Stock to Buy Now to Hedge Against Oil Price Shocks

Amid oil-driven volatility, investors lean on resilient sectors, with Boston Scientific Corporation now standing out as a steady defensive healthcare play.

Barchart · Mar 18

‘Extensive damage’ to Qatar refinery after Iran revenge strikes

IN FULL

The Independent UK · Mar 18

Stocks Sharply Lower on Iran War and Hawkish Powell

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.36%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.43%. March E-mini S&P futures (ESH26 ) fell -1.42%, and March E-mini Nasdaq futures...

Barchart · Mar 18

It's almost inexplicable why oil prices aren't much higher. But here's why markets are ‘resilient’ so far despite the biggest energy supply shock ever

Crude oil prices have surged more than 70% this year, but there's the potential to go much higher to new records.

Fortune · Mar 18

China’s icy silence on Trump’s Strait of Hormuz plea exposes a terrifying truth about his global standing

China has remained completely silent on President Donald Trump’s recent request for help reopening the Strait of Hormuz, which has been largely closed due to the ongoing conflict with Iran. This lack of response comes as the president has been actively seeking international military support to secure the vital waterway.

The Mary Sue · Mar 18

Congo's Sasso Nguesso re-elected president in tightly controlled vote

The Republic of Congo’s President Denis Sassou N’Guesso has been re-elected with nearly 95 percent of the vote, according to provincial results, extending his nearly 42-year rule over the Central African oil-rich country.

Radio France Internationale · Mar 18