The Latest Breaking News from Oil

Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian pipeline monopoly Transneft said on Tuesday. International benchmark Brent crude jumped by $2 per barrel to trade near $98 as the news…

Firefighters on Tuesday finally overcame what officials described as the worst fire in Cuba's history that over five days destroyed 40% of the Caribbean island's main fuel storage facility and caused massive blackouts.

Bound together with lime juice and olive oil, streaked with quick-pickled red onions, the peppery bite of poblano and earthy parsley, each bite of this corn and tomato salad is juicy, cool and balanced.

Flames have engulfed a fourth tank at an oil storage facility in western Cuba as the raging fire consumes critical fuel supplies on an island facing a growing energy crisis

Several countries in Europe dependent on Russian energy are suffering another blow with confirmation that oil shipments have stopped through a critical pipeline

The price of Olive Oil is set to increase as the heatwave takes hold

The warmer weather can wash up deadly substances that range from algae to shellfish that are 1000 times more potent than cyanide

Train Talk: ‘Stay strong, stay united and we will prevail’ says the Aslef boss. I’m not so sure

Southern California drivers are getting more relief at the gas pump, with the average cost of a gallon of regular gas in Los Angeles County slipping below $5.50.

U.S. crude oil futures traded mostly lower this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian pipeline monopoly Transneft said on Tuesday.