The Latest Breaking News from Oil

Biden administration expands sanctions on Russia's energy sector to pressure Moscow over Ukraine conflict, targeting oil and LNG industries.

The "Landman" season 1 finale could make or break my interest in this show for season 2.

Ukrainian president says the less Moscow earns from oil, ‘the sooner peace will be restored’; Kyiv claims attack on Russian military facility. What we know on day 1,053

The United States will return $52.88 million in seized assets to Nigeria as part of a yearslong corruption probe against former Nigerian oil minister Diezani Alison-Madueke and associates

February WTI crude oil (CLG25 ) Friday closed up +2.65 (+3.58%), and February RBOB gasoline (RBG25 ) closed up +0.0466 (+2.30%). Crude and gasoline prices Friday settled sharply higher, with crude posting a 3-month high and gasoline posting a 2-3/4 month high. Crude rallied Friday after the US ratcheted up...

March NY world sugar #11 (SBH25 ) Friday closed up +0.12 (+0.63%), and March London ICE white sugar #5 (SWH25 ) closed up +1.90 (+0.38%). Sugar prices Friday posted moderate gains. Short covering emerged in sugar futures Friday after WTI crude oil prices (CLG25 ) jumped more than +3% to...

An oil tanker believed to be part of Russia’s efforts to evade international sanctions went adrift and had to be towed ashore by a German tugboat

The energy sector offers value due to rising global demand, focus on energy security, market growth, regulatory support, technological advancements, and increasing oil and gas prices. Therefore, in this dynamic backdrop, it may be wise to consider undervalued energy stocks: Schlumberger (SLB), VAALCO Energy (EGY), and Obsidian Energy (OBE), which…

Ukrainian President Zelenskyy says he is confident sanctions will ‘significantly reduce Russia’s petrodollar income’.