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The Latest Breaking News from Oil

Crude Oil Prices Plunge as Tariff Turmoil Threatens Global Energy Demand

May WTI crude oil (CLK25 ) Friday closed down -4.96 (-7.41%), and May RBOB gasoline (RBK25 ) closed down -0.1098 (-5.07%). Crude oil and gasoline prices on Friday sank for the second day, with crude falling to a 4-year low and gasoline sliding to a 1-month low. Tariff turmoil undercut...

Barchart

Chevron ordered to pay more than $740 million to restore Louisiana coast in landmark trial

A Southeast Louisiana jury ruled oil company Chevron must pay more than $740 million dollars to restore damage it caused to coastal wetlands following a landmark trial more than a decade in the making

The Independent UK

Fresh concerns for wildlife after reports of second oil spill in River Wandle in two months

Fresh concerns have been raised about the health of a London waterway after footage shared online appeared to show another oil spill in the River Wandle.

Evening Standard

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Trade Turmoil and Crude Oil Weakness Weighs in Sugar Prices

May NY world sugar #11 (SBK25 ) Friday closed down -0.27 (-1.41%), and May London ICE white sugar #5 (SWK25 ) closed down -5.50 (-1.01%). Sugar prices retreated for a second day Friday as global trade war fears prompted a rout in global equity markets and sparked risk-off sentiment in...

Barchart

Sugar Prices Undercut by Trade Turmoil and a Plunge in Crude Oil

May NY world sugar #11 (SBK25 ) today is down -0.32 (-1.67%), and May London ICE white sugar #5 (SWK25 ) is down -7.50 (-1.38%). Sugar prices today are falling for the second day as global trade war fears prompted a rout in global equity markets and sparked risk-off sentiment...

Barchart

U.S. Oil Price Skids To 4-Year Low; Goldman Slashes Oil Outlook

Oil price could fall as low as $50 as Saudis launch price war. Gasoline prices set to be a bright spot in Trump's trade war.

Investors Business Daily

Ariana Madix’s Relatable Beauty Routine Includes an $18 Body Oil and the Mental Stamina to Ignore Her Cowlick

Plus, the $18 oil that makes her feel super sexy.

Marie Claire

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In Democratic New Mexico, Oil and Gas Legislation Doesn’t Pass

Sixty days and 1,182 bills later, state legislators take a pass on oil and gas reforms.

Capital & Main

Crude Prices Plunge as Tariff Turmoil Threatens Global Energy Demand

May WTI crude oil (CLK25 ) today is down -4.66 (-6.96%), and May RBOB gasoline (RBK25 ) is down -0.1146 (-5.30%). Crude oil and gasoline prices are sinking for the second day, with crude falling to a 4-year low and gasoline sliding to a 1-month low. Tariff turmoil is undercutting...

Barchart

Stock Market In Vertical Sell-Off On Trump Tariffs; Tesla Deliveries Fall: Weekly Review

The major indexes suffered their worst weekly losses in years as the latest Trump tariffs were far higher than expected. Treasury yields and rude oil dived.

Investors Business Daily

‘Oligarchy’: Trump exempts big oil donors from tariffs package

Trump’s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates say

The Guardian - US

Stock Market Today: Dow Loses 2,200 Points As Markets In Free Fall; Nasdaq Enters Bear Territory (Live Coverage)

Selling picked up momentum in the final hours of trading Friday. But homebuilder stocks rebounded.

Investors Business Daily

BP chairman to step down after oil giant retreats from green energy

BP kick-started a search for a new chair after Helge Lund told the board he intends to leave the role ‘in due course’.

The Independent UK

BP Chairman To Step Down After Energy Strategy Reset

BP in February launched a major pivot back to its more profitable oil and gas business, shelving its once industry-leading targets on reducing carbon emissions and slashing clean energy investment.

International Business Times

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Euronews

Crude oil prices drop 6% as OPEC output rises and Trump's tariffs hit

Crude oil prices plummeted to near multi-year lows following President Trump’s reciprocal tariff announcement, with a larger-than-expected production increase by OPEC and its allies adding further pressure to the sell-off.

Fortune

In the reeling energy sector, an unexpected OPEC production hike plus tariff fears send oil prices plunging 7%

The 'bloom is off the rose' for Trump and the energy sector as stocks and prices plunge

The Independent UK

Why did Russia escape Trump’s tariffs?

The U.S. already imposes heavy sanctions on Russia but still did approximately $3.5 billion in trade last year

Barchart

Crude Oil Prices Plunge on Energy Demand Concerns and Rising OPEC+ Production

May WTI crude oil (CLK25 ) Thursday closed down -4.76 (-6.64%), and May RBOB gasoline (RBK25 ) closed down -0.1667 (-7.15%). Crude oil and gasoline prices plunged to 3-week lows on Thursday due to concern that President Trump’s harsher-than-expected reciprocal tariffs would ignite a trade war that derails the global...

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news in one place.

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The Guardian - UK

Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn

Capital & Main

Gas Operator Fined $1.9 Million for Damaging Wetlands Is on Trump’s ‘Fast Track’ Approval List

Fracking operation is among more than 600 controversial projects the president wants to expedite to combat the nation's 'energy emergency'

Woman & Home

Midsomer Murders Wild Harvest spoiler: Who was the killer and why did they commit such grisly crimes?

I’ve been a huge Midsomer Murders fan for so many years I’ve lost count and Wild Harvest is an episode that still stands out to me.

Salon

My perfect cake started with a box mix

First, I “cheated” by baking from a box. Then I developed my own homemade cheat codes

Barchart

Is the Stock Market Going to Crash in 2025? Here Is What Analysts Are Saying.

Global financial markets are in turmoil today as Trump announced reciprocal tariffs on several countries. But analysts continue to see significant upside in the S&P 500.

Barchart

Sugar Prices Fall on Risk-Off Sentiment and Crude Oil Weakness

May NY world sugar #11 (SBK25 ) today is down -0.44 (-2.25%), and May London ICE white sugar #5 (SWK25 ) is down -8.60 (-1.56%). Sugar prices today are moderately lower as President Trump's reciprocal tariffs have led to risk-off sentiment in most asset markets. Also, today's -7% plunge in...

Barchart

Crude Prices Plummet on Energy Demand Concerns and Rising OPEC+ Production

May WTI crude oil (CLK25 ) today is down -5.34 (-7.45%), and May RBOB gasoline (RBK25 ) is down +0.1820 (-7.80%). Crude oil and gasoline prices today plunged to 3-week lows on concern that President Trump’s harsher-than-expected reciprocal tariffs will ignite a trade war that derails the global economy and...

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