The Latest Breaking News from Oil

But the election is likely to blow up a long-delayed EPA response to oil and gas pollution in New Mexico.

January WTI crude oil (CLF25 ) Friday closed up +1.14 (+1.63%), and January RBOB gasoline (RBF25 ) closed up +0.0132 (+0.66%). Crude oil and gasoline prices settled moderately higher on Friday, with crude climbing to a 2-week high. The escalation of global geopolitical tensions is supportive of crude oil. Russia...

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And with the money it made, the band bought an oil well!

March NY world sugar #11 (SBH25 ) today is up +0.11 (+0.51%), and March London ICE white sugar #5 (SWH25 ) is up +4.40 (+0.79%). Sugar prices today are moderately high as crude oil prices (CLF25) rallied more than +1% to a 2-week high. Higher crude prices benefit ethanol and...

Learn about Doug Burgum's nomination to lead the Interior Department and its implications for energy development and conservation efforts in the US.

January WTI crude oil (CLF25 ) today is up +0.55 (+0.78%), and January RBOB gasoline (RBF25 ) is up up +0.0029 (+0.14%). Crude oil and gasoline prices today are moderately higher, with crude climbing to a 2-week high. The escalation of global geopolitical tensions is supportive of crude oil. Russia...

As oil prices look to rally in the coming months, three shipping stocks could also breakout. Institutional buyers are behind this trend and buying

Cop29 is taking place in a country whose economy has long been dependent on its oil reserves

Rising geopolitical tensions tempered the atmosphere and lifted oil again after Russia hit Ukraine with a new-generation intermediate-range missile and sent a warning to the West.