The Latest Breaking News from Oil

A recent report says abandoned oil infrastructure could cost the state up to $1.6 billion in coming years. This is how.

October WTI crude oil (CLV25 ) today is up +0.53 (+0.85%), and October RBOB gasoline (RBV25 ) is up +0.0239 (+1.20%). Crude oil and gasoline prices are moving higher today, with gasoline posting a 1-week high. Today's weaker dollar is supportive for energy prices. Also, concerns over a decline in...

Overall at least five civilians were killed and 43 were injured in Russian attacks across Ukraine over the past 24 hours, regional authorities reported on Monday.

US and Chinese officials to meet for second day in Spain as Trump threatens to target China’s oil purchases.

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Soldiers killed and tankers destroyed in Russia, while in Ukraine a train carriage carrying ammunition blows up in apparent accident. What we know on day 1,300

The oil facility is one of Russia’s largest, and is responsible for producing more than 350,000 barrels of crude oil daily. Kyiv says clamping down on Russia’s oil industry, which it says finances the Kremlin’s war, will pressure them towards agreeing to negotiate an end to the fighting.

Ukraine says it will continue targeting Russian infrastructure delivering troops, fuel and ammunition to front lines.