The Latest Breaking News from Oil

The EU has imposed several rounds of sanctions against Russia's infamous "shadow fleet". But is there more to be done?

Whether you're dusting off the barbecue or keeping things cosy in the kitchen, these two punchy, flavour-packed dishes are perfect for the long weekend – whatever the weather brings

July WTI crude oil (CLN25 ) Friday closed up +0.33 (+0.54%) and July RBOB gasoline (RBN25 ) closed down -0.0169 (-0.81%). Crude oil and gasoline prices on Friday settled mixed, with gasoline sliding to a 1-week low. Crude prices recovered from a 2-week low Friday and moved higher as the...

Venezuelan opposition leader Juan Pablo Guanipa was arrested by the Venezuelan regime shortly after Secretary of State Marco Rubio announced the U.S. won't renew Chevron's license to export oil from the country

Guardian jazz critic for over 30 years who also contributed widely to respected music books

Ahead of oil-rich Suriname's election, the country's president tells AFP that a looming energy windfall will not spell a shift away from climate-friendly policies.

The UK and the EU have agreed to hit Russia with a raft of new economic sanctions after hopes of a ceasefire with Ukraine came to nothing. One French minister commented that it is time to “suffocate” the Russian economy.

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July WTI crude oil (CLN25 ) today is up +0.24 (+0.39%) and July RBOB gasoline (RBN25 ) is down -0.0072 (-0.34%). Crude oil and gasoline prices today are mixed, with gasoline sliding to a 1-week low. Crude prices recovered from a 2-week low today and moved higher as the dollar...