The Latest Breaking News from Oil

By deploying naval forces to intercept sanctioned Venezuelan oil shipments, the Trump administration is pushing the enforcement of oil sanctions into uncharted legal territory, prompting concerns in Congress and among international law experts about escalation risks.

US forces killed five in narcoboat strikes Thursday, bringing the total deaths to 104 since September, following the US president's order to blockade sanctioned Venezuelan tankers in further escalation of tensions with Venezuela.

One of hosting's biggest stresses is worries about stains and spills ruining wood furniture, but these tips offer some comfort, knowing will not be lost

In 2016, the petroleum ministry was asked in the Rajya Sabha if it would act against officials from the government-owned Oil and Natural Gas Corporation and its regulator Directorate General of Hydrocarbons for “inaction”. This was a case of alleged gas flow from an ONGC block to a Reliance Industries…

Ever been about to pour rancid milk down the sink and thought…“Hmm, maybe I shouldn’t…”? What about the tomato passata that’s gone off? Or the water you washed the paint in? Or that pungent oil from a tuna can?

Soybeans rounded out the Thursday session with losses of 6 to 7 cents as weakness continues. The cmdtyView national average Cash Bean price was 5 3/4 cents lower at $9.81 1/4. Soymeal futures were 20 cent so $1.00 higher, with Soy Oil futures down 41 to 47 points. USDA reported...

Cotton futures saw Thursday gains of 8 points across the front months at the close. Crude oil futures were 8 cents per barrel higher at $56.02. The US dollar index was $0.093 higher to $98.095. Export Sales data showed 135,886 RB of cotton sold during the week of 11/27, a...

Heating oil shortages across several regions are putting significant pressure on retirees who rely on oil to heat their homes. Many seniors are discovering that...

January WTI crude oil (CLF26 ) on Thursday closed up +0.21 (+0.38%), and January RBOB gasoline (RBF26 ) closed up +0.0070 (+0.41%). Crude oil and gasoline prices settled higher on Thursday amid heightened geopolitical risks in Venezuela and Russia. Also, Thursday's sharp rally in stocks boosted optimism about the economic...

Winter doesn’t knock politely—it kicks the door in, steals your warmth, and dares your car to survive the night. One day, everything runs smoothly, and the next morning, your dashboard lights up like a holiday display of bad news. Cold weather has a ruthless way of exposing weaknesses you didn’t…

China criticized what it described as "unilateral bullying" of Venezuela after the United States ordered a blockade of sanctioned oil tankers entering and leaving the South American country.