The Latest Breaking News from Oil

The ASX200 rose 0.4 per cent on Friday to finish up 1.2 per cent for the week as Donald Trump demanded cuts in oil prices and interest rates.

Iraqi grocery store owner Abu Amjad al-Zubaidi is grappling with asthma, a condition his doctor blames on emissions from a nearby power plant that fills his Baghdad neighbourhood with noxious smoke.

March WTI crude oil (CLH25 ) Thursday closed down -0.82 (-1.09%), and March RBOB gasoline (RBH25 ) closed up +0.0084 (+0.40%). Crude and gasoline prices settled mixed on Thursday, with crude falling to a 1-1/2 week low. Crude gave up early gains Thursday and turned lower after President Trump said...

Trump repeats familiar grievances and threatens allies like Canada and the European Union with tariffs.

President Donald Trump doubled down on ending the war in Ukraine during his speech at Davos a day after threatening Russia and Putin with tariffs and sanctions.

President Trump's recent speech at Davos linked oil prices to interest rates, but rates are influenced by market forces and central bank decisions.

President Trump urges Saudi Arabia and OPEC to lower oil prices to potentially end the Russia-Ukraine conflict.

President says he will demand lower oil prices from OPEC and lower interest rates from central banks globally

March WTI crude oil (CLH25 ) today is down -0.36 (-0.48%), and March RBOB gasoline (RBH25 ) is up +0.0055 (+0.26%). Crude and gasoline prices today are mixed, with crude falling to a 1-1/2 week low. Crude is under pressure today from a stronger dollar and President Trump's threat to...