The Latest Breaking News from Oil

Green MP Caroline Lucas urges chancellor to ‘come clean about dealings with Saudi oil giants’

Both Israel and Lebanon's lead negotiators in the US-brokered talks on a maritime border are saying their conditions have been met, suggesting the countries are inching closer to a final deal. The agreement would settle oil and gas exploration and exploitation rights for a resource-rich stretch of the eastern Mediterranean.…

Despite high dependence on Russian oil, supply to most European countries has taken a hit

Malaysia will lift its export restrictions on live commercial broilers in phases starting from Tuesday, according to Minister of Agriculture and Food Industries Ronald Kiandee.

SCOTTISH environmental protesters blocked The Mall outside Buckingham Palace yesterday morning in a demonstration against new fossil fuel licences.

Activist group Market Forces says continued funding of coal, oil and gas is incompatible with net zero commitments

The head of the Senate Foreign Relations Committee is calling for freezing all U.S. cooperation with Saudi Arabia, including arms sales

Despite the return of the fuel excise, the national average price of a litre of unleaded went down last week. Prices at the pump are expected to rise again, but there's no one simple explanation for it.

Fresh violence erupted in a Kurdish city in western Iran and reports emerged of oil workers joining nationwide protests that have spread since the death of a 22-year-old woman last month in the custody of the nation’s so-called morality police.