The Latest Breaking News from Oil

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.1%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.15%. U.S. stock index futures this morning are mixed. Energy stocks are climbing in pre-market trading as crude prices jumped more than +2% to a 1-month...

Australia talisman is targeting a first series win on English soil after the World Test Championship final against India

Price gained more than 2% on Monday morning to touch one-month high of $78.73

Oil company ExxonMobil surpassed Apple to hit No. 3 on this year's ranking of the largest U.S. companies by revenue.

The bills will give owners of natural gas power plants incentives to build more capacity, but they don’t go as far as originally proposed to change how electricity is created and sold in the Texas market.

June S&P 500 futures (ESM23) are up +0.01%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.25% this morning as market participants digested the U.S. debt ceiling agreement, while U.S. Treasury yields climbed following a robust May jobs report.

Rolling coverage of the latest economic financial news, as Brent crude hits $78/barrel and new car market records longest period of growth since 2015

The future of fossil fuels – the leading source of global warming emissions – will come under scrutiny at UN climate negotiations taking place in Germany this Monday, as an Emirati oil chief is poised to step into the driver's seat.

SYDNEY: Most Asian share markets rose on Monday on optimism the Federal Reserve would pause its rate hikes this month after a mixed US jobs report, while oil prices jumped after Saudi Arabia pledged big output cuts.