The Latest Breaking News from Oil

CM Jagan Mohan Reddy virtually inaugurated 3 projects and laid foundation stones for 9 projects worth ₹3,008 crore with potential employment of 7,000. An MoU was signed with '3F Oil Farm' for a palm oil unit with ₹250 crore investment, providing 1,500 jobs. He assured full cooperation to industrialists and…

While the U.S. and Europe continue to favor alternative and renewable fuels, crude oil remains the energy commodity that powers the world. After reaching a low in May 2023, crude oil has moved significantly higher to over $95 per barrel at the most recent high.

Tight supplies amid extended output cuts by Saudi and Russia and soaring oil demand worldwide are expected to feed into higher oil and gas prices this year and beyond. Amid this backdrop, let’s find out if energy ETFs Energy Select Sector SPDR ETF (XLE) and iShares U.S. Energy ETF (IYE)…

MEPs to vote on appointment of Wopke Hoekstra after his endorsement by environment committee

FoI requests show Shell and BP among firms giving funds to institutions which have pledged to divest

Egypt’s regional gas hub ambitions are in jeopardy – but is that temporary or a more structural issue?

President Ferdinand Marcos said the incident in waters off Scarborough Shoal was under investigation, but urged people to refrain from ‘speculation’

Diesel up by more than 8p to 163p in September and petrol by 4.5p to 152p amid global oil production cuts

November WTI crude oil (CLX23 ) on Tuesday closed up +0.41 (+0.46%), and Nov RBOB gasoline (RBX23 ) closed down -5.21 (-2.16%). Nov WTI crude oil and gasoline prices on Tuesday settled mixed, with gasoline falling to a 5-month low. Tuesday's rally in the dollar index (DXY00 ) to a...

Oil prices are rising again, and OPEC+ is forecasting healthy demand going forward. Here are three top-performing energy stocks with attractive dividend yields to bolster your portfolio as the stock market stumbles into the fourth quarter.

Recent oil production cuts and dwindling inventories are pushing oil prices to multi-month highs. As a result, investors could benefit from investing in fundamentally strong energy stocks PBF Energy (PBF), Energy Transfer (ET), and Shell plc (SHEL) this week. Read on….