The Latest Breaking News from Oil

The Home Secretary said she expects police to use the ‘full powers’ available to them to deal with ‘disruptive’ protests

European leaders are turning to Africa for more natural gas as they try to replace Russian energy amid the war in Ukraine

US Democratic Representatives have tackled the Saudi-US relationship, with Representative Adam Smith warning against launching vague and incomprehensible threats against Saudi Arabia. Earlier, White House national security spokesman John Kirby said President Joe Biden is willing to begin reevaluating the US-Saudi ties after the Kingdom and its oil-exporting allies announced…

WASHINGTON — President Joe Biden said there would be “consequences” for Saudi Arabia over the decision by OPEC+ to slash production, a move the administration says will benefit Russia by propping up oil prices.

President Joe Biden said Tuesday there will be "consequences” for Saudi Arabia as the Riyadh-led OPEC+ alliance moves to cut oil production and Democratic lawmakers call for a freeze on cooperation with the Saudis.

There are calls for better management of Launceston's Tamar River as the Environment Protection Authority works to contain an oil spill. It says the likely source is an abandoned tugboat, but that has been contested by the son of a former owner.

After the cartel said it would cut oil production by 2 million barrels per day starting next month, the White House said it's time to look at the longstanding partnership with Saudi Arabia.

Greens, cheese and a protein of your choice — we like plant-based crumbles or pork — come together beautifully here

WASHINGTON — Top aides to President Joe Biden voiced their fury with Saudi Arabia over OPEC+ oil production cuts Tuesday, saying the administration was undertaking a sweeping reevaluation of its relationship and planned to engage with lawmakers clamoring to punish the kingdom.

Energy stocks have dipped along with the rest of the market as recession fears increase. However, the longer-term supply situation continues to be concerning especially with expectations that Russia's oil production will decline due to sanctions. Thus, investors should consider buying high-quality energy stocks like Valero (VLO), Occidental Petroleum (OXY),…

Riyadh says oil production curbs are ‘purely economic’ as critics in Washington accuse it of empowering Moscow.