The Latest Breaking News from Oil

Canada is considering lowering or dropping its 100% tariff on Chinese EVs to help its farmers affected by the PRC's reciprocal retaliatory tariff.

October WTI crude oil (CLV25 ) today is down -1.10 (-1.73%), and October RBOB gasoline (RBV25 ) is down -0.0372 (-1.85%). Crude oil and gasoline prices are falling sharply today on concerns about a global crude supply glut after the IEA boosted its 2026 global oil surplus estimate. Concerns that...

New Mexico may have just incured the wrath of the president.

Positioning in the oil markets show a potential for a "pain trade" where a squeeze in supply could come about, spiking oil prices much higher

The bombing of the Druzhba pipeline has disrupted oil supplies to Hungary and Slovakia and exposed new political rifts in Central Europe. RFI spoke with Andreas Goldthau of the Willy Brandt School of Public Policy about the wider implications for regional energy security and the shifting dynamics between Russia, Ukraine…

Dale Vince urges ministers to ‘optimise’ resources in fossil fuel basin to help smooth transition to renewables

Mexican artist Yael Medrez Pier brings the vibrant world of Indigenous women to life through her colorful oil paintings.

Hungary and Slovakia will be squeezed by the US and the EU to drop Russian fossil fuels, a sector expert claims. As pressure from Washington grows, Hungary has signed a long-term gas contract with Shell to complement its Russian supplies.

This juicy poached dish packs in hearty flavours and pairs well with buttery potatoes, rice or couscous