The Latest Breaking News from Oil

The FTSE 100 index closed up 79.91 points, 0.8%, at 10,124.60.

“And when he woke up, the oil was still there…”

The U.S. government is attempting to take control of the Venezuelan oil industry

US faces big challenges in trying to unlock ‘tremendous wealth’ from Venezuela’s long-neglected oil industry

Britain vows stronger deterrence against Russia after helping the US seize a sanctioned oil tanker, targeting Moscow's shadow fleet evading sanctions abroad.

Foreign policy is usually discussed as a matter of national interests – oil flows, borders, treaties, fleets. But there is a problem: “national interest” is an inherently ambiguous phrase. Although it is often presented as an expression of sheer force, its effectiveness ultimately rests on something softer – the manner…

Problems with the specs on the pistons and piston rings could cause an oil starvation situation and a seized connecting rod bearing.

Environmental experts warn that U.S. plans under President Donald Trump to restart and control Venezuelan oil exports could intensify pollution, greenhouse gas emissions and ecological damage in a country already burdened by decades of oil-related degradation

U.S. forces have boarded another oil tanker in the Caribbean Sea