The Latest Breaking News from Oil

Last year’s race eventually took place after four hours of talks following an attack on an oil depot

Saudi Minister of Energy Prince Abdulaziz bin Salman met in Riyadh on Thursday with Russian Deputy Prime Minister Alexander Novak who is visiting the Kingdom, the Saudi Press Agency reported. They discussed global oil markets and the efforts of OPEC+ to promote market stability, SPA said. They also stressed their…

Motul has tapped into its decades of experience to produce these new offerings: Motul Kawasaki Genuine Oil Ultimate 10W-50 and Motul Kawasaki Genuine Oil Power 10W-40, which were both launched in Indonesia’s recent WSBK round. Specially formulated for Kawasaki with ESTER base technology, KGO by Motul is claimed to be…

The doubling and in some cases quadrupling of Southern Californians’ natural gas bills in recent months stemmed from rapid price spikes in the so-called spot market, a real-time wholesale market for the fuel. The lack of transparency in California’s spot market for gasoline played a similarly major role in the…

The Biden administration’s approval this week of the biggest oil drilling project in Alaska in decades promises to widen a rift among Alaska Natives

Authorities on Thursday were working to avert a leak from a storage vessel carrying 400,000 barrels of crude oil in the Gulf of Thailand off Chon Buri.

In a matter of days, Saudi Arabia carried out blockbuster agreements with the world’s two leading powers

California Gov. Gavin Newsom says he wants state regulators to decide whether to impose the nation's first penalty on oil companies for price gouging

Aberdeen & Grampian Chamber of Commerce calls for action on energy security