The Latest Breaking News from Oil

January WTI crude oil (CLF26 ) today is up +0.62 (+1.06%), and January RBOB gasoline (RBF26 ) closed up +0.0316 (+1.73%). Crude oil and gasoline prices rallied to 1-week highs today as the decline in the dollar index (DXY00 ) to a 1.5-week low is bullish for energy prices. Also,...

U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 250 points on Friday.

The Canadian PM’s breakthrough oil deal with Alberta cost him a cabinet minister and will still face stiff opposition

Dealerships promote free maintenance packages as a perk meant to lower ownership costs, but the reality often works differently. These offers sound clean and simple. They rarely are. The fine print hides fees, restrictions, and inflated service rates wrapped in the language of convenience. Owners assume they’re saving money, yet…

The Hungarian prime minister met the Russian president in Moscow to secure more oil and gas supplies, despite EU efforts to cut Russian energy imports by 2027.

Cotton price action is steady to 5 points higher so far on Friday morning. Futures were up 30 to 99 34 points in the nearby contracts on Wednesday. Crude oil futures were up 60 cents per barrel at $58.55 on the day, with the US dollar index $0.069 lower to...

The Hungarian prime minister is one of the few European leaders to have maintained ties with the Russian president, and their meeting comes at a tense diplomatic moment in the international effort to end the war in Ukraine.

Canada struck a pipeline deal with Alberta on Thursday to diversify the country's oil exports beyond the U.S.

Shipping moves 90% of global trade and produces nearly 3% of global emissions. The sector has proved challenging to clean up, as cargo ships can travel for weeks between ports and typically rely on cheap, energy-dense and extremely polluting heavy fuel oil.