The Latest Breaking News from Oil

Iraq's federal government and the Kurdistan Regional Government (KRG) are close to striking a deal aimed at resuming northern oil exports, four sources familiar with the discussions told Reuters on Saturday. Türkiye stopped pipeline flows from the Kirkuk fields in northern Iraq's semi-autonomous Kurdistan region to its port of Ceyhan…

Campaigners say Rosebank, with a potential yield of 500m barrels, would seriously undermine legal commitment to net zero

Louis McKechnie and Joshua Smith were among five campaigners who were dragged off the circuit at Silverstone as two Formula One cars passed close by

The group from Just Stop Oil climate change protesters avoided prison after invading a track at Silverstone risking “serious harm” to Formula One drivers and marshals.

Just Stop Oil climate change protesters have been before Northampton Crown Court after a track invasion at last year’s British Grand Prix

The risk of an economic downturn is rising due to high inflation, bank failures, and interest rate hikes. Moreover, as oil and gas companies face volatile costs and uncertainties around labor and material supply, avoiding fundamentally weak stocks, Delek Logistics (DKL) and Calumet Specialty Products (CLMT) could be a wise…

High Court judge Mr Justice Garnham said the actions of the activists posed a risk of serious injury or even death.

May WTI crude oil (CLK23 ) this morning is up +0.79 (+1.06%), and May RBOB gasoline (RBJ23 ) is up +3.74 (+1.42%). May Nymex natural gas (NGK23 ) is up +0.100 (+4.75%). Crude oil and gasoline prices this morning are moderately higher. Crude prices have support on reduced global oil...

On Monday Berkshire Hathaway filed with the SEC it had purchased more shares in Occidental Petroleum. It now has about 23.6% of the oil and gas company. What does he see in the company?