The Latest Breaking News from Oil

Oct WTI crude oil (CLV24 ) today is down -2.10 (-2.77%), and Oct RBOB gasoline (RBV24 ) is down -1.79 (-0.85%). Crude oil and gasoline prices today are trading lower. Today's rally in the dollar index to a 1-1/2 week high weighed on energy prices. Crude also came under pressure...

A blackout left most of Venezuela without power Friday in what authorities blamed on sabotage of the national electrical grid -- the latest crisis to hit the oil-rich country after a disputed presidential election.

Reduction of about a fifth of workforce in two subdivisions part of plan to slash up to $3bn in costs by end of 2025

Ecuador begins dismantling oil infrastructure in Yasuni National Park to comply with court order, balancing environmental conservation and economic conside...

The 59-year-old Democrat insisted on CNN that she would be tough on illegal immigration and support controversial oil and gas fracking -- while sticking to her liberal background by pledging a fairer economy.

Ecuador’s Ministry for Energy and Mines says it has begun to dismantle infrastructure on a controversial oil drilling block in Yasuni National Park, home to the Waorani Indigenous people

Like the petroleum industry itself, households are heavily invested in existing transport technologies. Getting oil and gas companies – and consumers – to switch to zero-emissions transport is a huge challenge.

Oct WTI crude oil (CLV24 ) Thursday closed up +1.39 (+1.87%), and Oct RBOB gasoline (RBV24 ) closed up +4.04 (+1.95%). Crude oil and gasoline prices settled moderately higher Thursday on signs of strength in the US economy that supports energy demand. Crude also moved higher as supply disruptions in...

Video appears to show a series of explosions on the vessel, amid fears of a potential major oil spill.