The Latest Breaking News from Oil

A shadowy network of ships Russia uses to trade goods such as oil in contravention of sanctions has been targeted by Australia for the first time.

Darin Newsom discusses mixed grain and livestock markets, attributing crude oil support to Middle East tensions and explaining gold's rally due to global distrust in the U.S. dollar, while noting financial indices appear toppy and grain markets remain range-bound due to ample supply and a lack of significant weather issues,…

EU Commission Chief Ursula von der Leyen on Tuesday said surging energy prices have reduced the urgency to slash the price cap on Russia's global oil exports.

The S&P 500 dropped as Trump weighs whether to enter Israel’s war with Iran.

July WTI crude oil (CLN25 ) Tuesday closed up +3.07 (+4.28%), and July RBOB gasoline (RBN25 ) closed up +0.0520 (+2.34%). Crude oil prices rallied sharply on Tuesday on the increase in Middle East tensions after President Trump downplayed the prospects for an early end to the Israel-Iran war. President...

Brazil has auctioned off several land and offshore potential oil sites near the Amazon River, aiming to expand production in untapped regions despite protests from environmental and Indigenous groups

The second largest cryptocurrency has lagged behind Bitcoin in price and is still about 50% below all-time highs in 2021.

Brazil sold exploration rights to 19 oil and gas blocks near the mouth of the Amazon river Tuesday, at the start of an auction slammed by environmentalists months before the country is to host the COP30 climate summit.

An oil and gas operator has been fined £300,000 following a “terrifying incident” on a North Sea rig that saw three workers lowered into a…