The Latest Breaking News from Oil

Shadow chancellor Rachel Reeves has accused energy firms of making “war profits” from the surge in oil and gas prices following Russia’s invasion of Ukraine.

Russian forces have temporarily eased their attacks on the besieged eastern Ukrainian city of Bakhmut to regroup and strengthen their capabilities, a senior Kyiv official said on Saturday. This comes as Ukraine struck oil pipeline installations deep inside Russia on Saturday with a series of drone attacks. Read our live…

A multinational gas and oil giant says it remains committed to consultation amid rising community concerns over proposed testing off south-west Victoria.

Environmental groups say the event in Perth to court the biggest polluting oil company of all time is ‘akin to a joint trade show with a tobacco major’

More people are sinking their teeth into crocodile meat than ever before and the popularity of croc oils and leather is rising domestically. So what is driving the demand?

PTT Oil and Retail Business Plc (OR) is bracing for possible challenges caused by oil price fluctuations and a global economic slowdown that could affect the company in the second half of this year.

The device, laced with THC oil, the psychoactive chemical in cannabis, was allegedly brought in by a Year 11 student in an attempt to "chill" ahead of a GCSE exam at Unity College in Burnley

July WTI crude oil (CLN23 ) on Friday closed up +0.84 (+1.17%), and July RBOB gasoline (RBN23 ) closed up +3.87 (+1.52%). Crude oil and gasoline prices Friday posted moderate gains. Signs that U.S. lawmakers are close to a deal to raise the debt ceiling sparked a rally in stocks...

After a deal last year kneecapped regulators’ ability to address the crisis of abandoned oil and gas wells, Dems aim to reset environmental law.