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Crude oil news & headlines

Latest breaking stories, features and analysis

BP gets a 49% stake in a fuel retail joint venture with Indian Reliance Industries
12th July
  • BP gets a 49% stake in a fuel retail joint venture with Indian Reliance Industries.
  • Reliance's owner Mukesh Ambani’s net worth surpasses that of Warren Buffet.
  • RBML will expand its network & workforce to become a leader in low carbon solutions.

Features & analysis

Latest Crude oil news

18th June
British Petroleum raises £9.50 billion via its first hybrid bonds issue
17th June
Saudi Aramco completes its purchase of a 70% stake in SABIC for £55.10 billion
15th June
BP slashes oil forecast and estimates up to £13.95 billion of write-downs in the second quarter
15th June
Crude oil price nosedives as demand jitters send shockwaves globally
11th June
Exxon to restart the sale of its British North Sea assets after a delay due to COVID-19
10th June
Crude oil price hits key support as US inventories spike
5th June
British Petroleum agrees to lower the price of its North Sea assets that it is selling to Premier Oil
4th June
Italy’s Eni to create a separate division for renewable energy
1st June
Crude oil price hits 11-week high on high U.S.-China tensions
27th May
Pro: U.S. Shale will see more bankruptcies this year
26th May
The crude oil market may rebalance by July, says Russian oil minister
16th May
The CFTC issues a rare warning after sub-zero crude oil prices
12th May
Saudi Aramco’s net profit declines by 25% in Q1 on low oil prices
6th May
3 oil stocks to buy in May
6th May
Crude oil surges higher on hopes of rebalancing of demand-supply
5th May
Total’s net quarterly profit comes in 35% lower as Coronavirus sweeps oil demand
1st May
Exxon stock price plunges despite earnings beat
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