The Latest Breaking News from Oil

February WTI crude oil (CLG25 ) Thursday closed down -0.48 (-0.68%), and February RBOB gasoline (RBG25 ) closed down -0.0119 (-0.60%). Crude oil and gasoline prices Thursday gave up an early advance and closed moderately lower. Crude prices retreated after Thursday's report on weekly US jobless claims showed US continuing...

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The Eagle S, an oil tanker suspected of being part of Russia's shadow fleet, has been stopped and boarded by Finnish authorities in relation to the damaging of power and data cables connecting Finland to Estonia.

February WTI crude oil (CLG25 ) today is up +0.05 (+0.07%), and February RBOB gasoline (RBG25 ) is down -0.0068 (-0.35%). Crude oil and gasoline prices today are mixed. A weaker dollar today is supportive of energy prices. Crude also garnered some support today after the API reported late Tuesday...

Finnish authorities said Thursday that they were investigating an oil tanker that sailed from a Russian port for the "sabotage" of a power cable linking Finland and Estonia that was damaged the previous day.

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U.S. markets show pre-market decline; Japan's Nikkei surges; Asian markets mixed; oil prices rise, dollar fluctuates.

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Energy stocks have rarely strayed from the limelight in 2024 that’s been packed with volatility, but it appears that investments in oil could be set to grow throughout the year ahead due to conflict in the Middle East and Trump’s return to the White House.