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Oil demand may never rebound to pre-pandemic highs as world shifts to renewables, BP says
The industry giant presented three scenarios for oil consumption moving forward, which range from a…
Ben Winck
World's biggest oil traders are set to cut out Russian oil purchases from the middle of May, report says.
Major oil trading houses are set to significantly reduce the amount of oil they purchase from Russi…
Adam Morgan McCarthy
Oil rises despite strength in the US dollar, while Western leaders prepare sanctions on Russian energy.
Oil rose on Wednesday despite the dollar hitting two-year highs, while the EU banned Russian coal i…
Adam Morgan McCarthy
A guide to choose the Healthiest Cooking Oil
Cooking oils play a crucial role in our culinary endeavors, not only enhancing flavors but also aff…
Oil drops over 4% as COVID-19 cases force new lockdowns in China, while Russia and Ukraine talks resume
Oil dropped over 4% as COVID-19 cases rose in China, while supply worries receded as Ukraine said i…
Adam Morgan McCarthy
Oil prices jump as much as 3% as Saudi Arabia raises prices for customers across the globe, report says
Oil prices jumped as much as 3% on Monday as Saudi Arabia raised prices for its customers across th…
Adam Morgan McCarthy
Oil steadies, but remains below $120 a barrel in volatile trade as EU remains divided on a potential ban on Russia's energy exports
Oil prices pull back slightly while the EU proposed sanctions on Russian energy exports and attacks…
Adam Morgan McCarthy
Oil turns lower as positive signs in Russia-Ukraine peace talks ease concerns about supply
Oil prices fell Tuesday as Russia-Ukraine peace talks brought a promise of a military scale-back ne…
Adam Morgan McCarthy
Oil plummets 21% to 21-year low as sinking demand spurs uncertainty around storage
Oil has continued to tumble following OPEC's record-breaking production cut as the coronavirus outb…
Joe Ciolli
Castor Oil: Benefits, uses, facts and effects
Castor oil, derived from the seeds of the castor plant (Ricinus communis), has been celebrated for …
An oil trader is reportedly betting crude prices will soar more than 200% amid the inflation spike and energy crunch
Oil prices have already surged by more than 60% this year, and are now trading above $80 a barrel.
Carla Mozée
Oil edges above $100 a barrel, but heads for a weekly loss as volatility stemming from Russia-Ukraine conflict remains high
Crude oil steadied above $100 a barrel, but volatility remained high, after the price plunged earli…
Adam Morgan McCarthy
Oil drops over 3% as some concerns about supply recede in light of Russia-Ukraine peace talks
Oil fell by as much as 5% as Russia and Ukraine prepared for more peace talks, while a surge in Cov…
Adam Morgan McCarthy
Oil prices drop to 3-month low with pressure building from demand concerns and a stronger US dollar
The US Dollar Index rose to its highest since November, leaving dollar strength to weigh on oil pri…
Carla Mozée
Oil prices plummet 4% as the US weighs up largest-ever release from its strategic reserves
Crude oil headed for an 11% weekly loss after reports the US may release as much as 180 million bar…
Adam Morgan McCarthy
Unlocking the Wonders of Coconut Oil: From Culinary Delight to Wellness elixir
Coconut oil, often referred to as the "miracle oil," has garnered immense popularity in recent year…