The Latest Breaking News from Oil

Tuesday’s decline in oil prices comes as analysts consider the impact of a potential global recession on demand.

Protesters from the coalition have staged disruptions at major British museums five times in the past week

Five Just Stop Oil supporters have spray-painted "No New Oil" in white letters onto the red slab under the vast painting in central London as police were called to the protest

Over the past 3 months, 6 analysts have published their opinion on Murphy Oil (NYSE:MUR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Israeli Prime Minister Yair Lapid is making his first foreign trip in office to France and has asked Paris to mediate in a dispute with Lebanon over gas supplies. Other items on the agenda include Iran's nuclear ambitions, and the war in Ukraine.

Exxon Mobil Corp (NYSE: XOM) shares are trading lower by 2.42% to $85.43 during Tuesday's trading session. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

BP plc (NYSE: BP) shares are trading lower by 3.80% to $27.20 Tuesday morning. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Camber Energy Inc (NASDAQ: CEI), Indonesia Energy Corp Ltd (NASDAQ: INDO), Houston American Energy Corporation (NASDAQ: HUSA) and

The oil and gas sector has long been the backbone of Algeria’s economy, bankrolling the country’s regime while leaving it vulnerable to volatile markets. Despite the authorities’ stated aim to diversify the economy, analysts fear surging hydrocarbon prices will act as an impediment to reform.