The Latest Breaking News from Oil

The Canadian PM’s breakthrough oil deal with Alberta cost him a cabinet minister and will still face stiff opposition

Dealerships promote free maintenance packages as a perk meant to lower ownership costs, but the reality often works differently. These offers sound clean and simple. They rarely are. The fine print hides fees, restrictions, and inflated service rates wrapped in the language of convenience. Owners assume they’re saving money, yet…

Shipping moves 90% of global trade and produces nearly 3% of global emissions. The sector has proved challenging to clean up, as cargo ships can travel for weeks between ports and typically rely on cheap, energy-dense and extremely polluting heavy fuel oil.

Canadian Prime Minister Mark Carney and the premier of Canada’s oil rich province of Alberta have agreed to work toward building a pipeline to the Pacific Coast to diversify the country’s oil exports beyond the United States

Minister Steven Guilbeault says Indigenous nations were not consulted and the pipeline would have ‘major environmental impacts’

Oil prices may plunge below $50 per barrel if a peace agreement between Russia and Ukraine lifts Western sanctions, triggering a gradual recovery in Russian oil supply and easing geopolitical risk premiums across energy markets, according to analysts at Goldman Sachs.

Cars rarely fail without giving some kind of warning, but silent engine problems create a different kind of threat. They sit under the hood, out of sight, slowly building into failures that can total a vehicle without a single loud symptom. Drivers trust their dashboards to alert them, yet many…

Eexperts share whether or not it's worth they hype.

Oil prices hit four-year lows amid Ukraine-Russia peace talks. JP Morgan predicts Brent could plunge to $30s per barrel by 2027, potentially pushing US petrol below £0.80/L.