The Latest Breaking News from Oil

The up-and-coming BossUp brand draws inspiration from the likes of Rihanna and Selena Gomez

A SCOTTISH-BASED energy firm which helps support companies in the oil and gas industry transition to renewable alternatives has expanded,…

Warren Buffett has taken a significant stake in Occidental Petroleum (OXY), a dividend-paying energy stock trading at a discount, with attractive valuation metrics and a steady dividend yield. OXY's strategic moves, debt reduction efforts, and expansion in the Permian Basin make it a potentially lucrative investment opportunity.

As energy prices swing wildly, analysts at Scotiabank think this Dividend Aristocrat energy stock could outperform.

Nov WTI crude oil (CLX24 ) Monday closed down -1.73 (-2.29%), and Nov RBOB gasoline (RBX24 ) closed down -4.30 (-2.00%). Crude oil and gasoline prices Monday posted moderate losses. Monday's rally in the dollar index (DXY00 ) to a 2-month high undercut energy prices. Also, concerns about Chinese energy...

Congo cancels oil exploration auction for 27 sites due to environmental concerns. New auction planned.

The government of Congo has canceled an auction for 27 sites earmarked for oil exploration, citing late submissions and a lack of competition

Nov WTI crude oil (CLX24 ) today is down -1.39 (-1.84%), and Nov RBOB gasoline (RBX24 ) is down -4.18 (-1.94%). Crude oil and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-month high is undercutting energy prices. Also, concerns about Chinese...

Poorly maintained and uninsured vessels transporting up to 70% of country’s seaborne oil, says report