The Latest Breaking News from Oil

Recognized for the best in agriculture, wine, craft beer, olive oil and cheese, the California State Fair can now boast outstanding cannabis. 

Lebanon and Sri Lanka may be a world apart, but they share a history of political turmoil and violence that led to the collapse of once-prosperous economies bedeviled by corruption, patronage, nepotism and incompetence. The toxic combinations led to disaster for both: Currency collapse, shortages, triple-digit inflation and growing hunger.…

A proposal to temporarily charge a tax on the oil refinery margin appears to be a last-ditch effort by the government to control soaring energy prices, but major refineries question the move aimed at trimming some of their profits.

The European Union should stop adding sanctions on Russia over its invasion of Ukraine and instead push for a ceasefire and the start of negotiations, a senior aide to Hungarian Prime Minister Viktor Orban said on Thursday.

Given a demand-supply imbalance in the energy sector, rising prices should benefit integrated oil and gas companies Exxon Mobil (XOM) and Shell (SHEL). XOM gained 43.6% year-to-date versus SHEL’s 17.1%. But which of these stocks is a better buy now? Read more to find out.

Organisers expected about 10,000 people but more than 25,000 turned up for the free concert. And then the rain came down.

Groups representing the oil industry and refiners say a meeting with Energy Secretary Jennifer Granholm was productive and should send a signal to markets that the United States is committed to long-term investments in the oil and refining industry

Sector says £5bn energy profits levy will make investment in new projects and renewables more difficult

I counted only one audible fart in "Flux Gourmet," which seems a curious show of restraint for a movie in which sound and scatology play such important roles. A wondrously demented study in creative, sexual and gastrointestinal struggle, this latest art-horror-comedy whatsit from the Hungary-based English filmmaker Peter Strickland unfolds…