The Latest Breaking News from Oil

A putrid smell hangs over the black-stained shores of Lake Maracaibo in Venezuela, where an oil slick is emblematic of the steep decline in the country's once-enviable petroleum industry.

Three reported killed and 87 wounded after oil depot and electrical installations hit

August WTI crude oil (CLQ24 ) on Friday closed down -2.69 (-3.25%), and Aug RBOB gasoline (RBQ24 ) closed down -6.60 (-2.62%). Crude oil and gasoline prices on Friday closed sharply lower, with crude sliding to a 1-month low. A stronger dollar on Friday undercut energy prices. Losses in crude...

Michel Forst, UN special rapporteur, joins growing chorus of voices criticising jail terms handed to five defendants

August WTI crude oil (CLQ24 ) today is down -0.64 (-0.77%), and Aug RBOB gasoline (RBQ24 ) is down -1.85 (-0.74%). Crude oil and gasoline prices today are moderately lower. A stronger dollar today has undercut energy prices. Weakness in stocks today also undercut confidence in the economic outlook, which...

Lengthy prison sentences have been imposed on five Just Stop Oil activists for coordinating direct action on the M25, the main ring road around London. For a non-violent protest, there is no equivalent in modern times.

These protesters are shouting ‘fire’ while the world burns. A society that locks them up cannot be called democratic, say campaigners Chris Packham and Dale Vince

Many of those who have supported the movement have shown concern over the court's decision to imprison the protesters.

Lengthy prison sentences seen by many as heavy-handed and prompt comparisons with other offences