The Latest Breaking News from Oil

Cuban experts said Wednesday they haven’t been able to identify the remains of 14 victims believed to be firefighters who died combating the fire that ravaged an oil storage facility at the port of Matanzas earlier this month.

The country's efforts to tackle climate change have been caught up in a fresh wave of misinformation about renewable energy, thanks to a news website with ties to the oil and gas industry.

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Despite a slight decline in inflation from the 40-year high level, robust employment data and persistent price pressures could prompt the Fed to maintain its hawkish policy stance, keeping the stock market under pressure. Therefore, it could be wise to invest in APA Corporation (APA), Dynagas LNG (DLNG), Friedman Industries…

Brent crude oil was trading at ₹94.91 per barrel on August 18

Angolans will vote on Wednesday for a new president and parliament in what looks set to be the closest election in Africa's second-biggest oil producer since the country won independence from Portugal in 1975.

The government asked Mitsubishi Corp. to consider investing in the new Russian operator of the Sakhalin-2 oil and gas project in Russia's Far East during a meeting between Economy, Trade and Industry Minister Yasutoshi Nishimura and Mitsubishi President Katsuya Nakanishi.

Fruit farmers in Yemen’s Houthi-run areas are suffering the brunt of hiked oil prices and high maintenance rates.

Biden's big bill is a breakthrough on energy — but there's a long way to go. These three steps should come next

Oil prices rose on Thursday as robust US fuel consumption data and expected falls in Russian supply late in the year offset concerns that a possible looming recession could undercut demand. Brent crude futures climbed $1.43, or 1.5%, to $95.08 a barrel by 0900 GMT.

Military-ruled Myanmar plans to import Russian gasoline and fuel oil to ease supply concerns and rising prices, a junta spokesperson said, the latest developing country to do so amid a global energy crisis.