The Latest Breaking News from Oil

Two months after snubbing U.S. President Joe Biden’s pleas for oil, Saudi Arabia is rolling out the red carpet for his Chinese counterpart, Xi Jinping.

Russian President Vladimir Putin said on Wednesday his army could be fighting in Ukraine for a long time, but he saw no sense in expanding a call-up of 300,000 reservists from September and October after serious Russian battlefield setbacks.

Shareholders of dismantled Russian oil company Yukos were low in spirits after the top bid in an auction of several iconic vodka brands came up short

Why price controls might not work when coal supply is so short

Just Stop Oil’s Hannah Hunt and Eden Lazarus found guilty after glueing themselves to Constable’s The Hay Wain

Syria's government will close state agencies for two days in December due to severe fuel shortages caused by a disruption in the arrival of supplies and Western sanctions, state media reported Tuesday. The decision to close the institutions on Dec. 11 and Dec. 18 comes at a time when many…

Initial agreements worth $29bn will be signed at a Saudi Arabian-Chinese summit this week, official news agency says.

The pair taped posters to The Hay Wain and glued themselves to its frame

YOU may expect a modern TV set to be a much safer destination than an oil rig but it’s not without its dangers, the stars of Scotland’s next…