The Latest Breaking News from crude oil

Such a declaration would enable the US president to halt crude oil exports and spur investments in clean energy tech.

Exxon Mobil and Chevron will be reporting second-quarter earnings early Friday. Investors are watching for oil field inflation impact.

Libya resumed exporting crude oil from Es Sider port on Thursday, the oil ministry said on Thursday. Libya's Waha Oil Company resumed production at its fields with an initial capacity of 15,000 barrels per day, which is expected to reach 30,000 bpd by the end of the day, the ministry…

Saudi Arabia topped the GCC project awards, which improved during the year's second quarter despite global economic challenges caused by supply chain problems and higher oil prices primarily driven by the Russia-Ukraine conflict. Higher crude oil price was the most significant contributor to inflation numbers across countries, including in the…

Saudi Arabia's crude oil production grew to 10.538 million bpd in May, rising 0.9 percent from 10.441 million bpd in April.

Petrol could fall below $1.85 a litre as global prices for crude oil slide. But are retailers passing on the falls?

Concerns over aggressive interest rate rises to confront multi-decade high inflation, and the risk of an economic recession have all contributed to recent market volatility, leading the stocks of some high-quality companies to trade at attractive valuations. So, we believe fundamentally good value stocks Adam Resources & Energy (AE) and…

As crude oil prices drop faster than pump prices, an unprecedented 60c in every litre of petrol or diesel is going to the fuel retailers – sparking pleas to pass on the savings to consumers.

US crude oil futures traded higher this morning on Wednesday after dropping sharply in the previous session. Investors, meanwhile, focused on some notable insider trades.