The Latest Breaking News from Oil

Fifty years on from its early pioneering role in manufacturing platforms for the oil industry, Kishorn Port, on Scotland’s Atlantic coast, is expanding to build the vast structures needed for wind power

The Texas Comptroller of Public Accounts is the state’s chief financial officer. Here’s a look at who’s running in the 2026 primary and where they stand.

They're both portable and powered by electricity, but that's where the similarities end

Skin problems have become a common issue among many people these days. Pollution, climate change and weather can contribute to problems like acne, dullness, pigmentation and many more. However facial oiling is a skin care ritual that can help in tackling them. Face oiling has been used by women of…

TOI correspondent from Washington: Canada is finding out the hard way why New Delhi is so tetchy about Khalistani capers in “Kannedda.” A growing separatist movement in the country’s oil-rich province of Alberta has ignited a full-blown diplomatic spat with Washington at a time when ties between the United States…

White House cites Cuba’s ties to hostile powers as order ratchets up Trump’s pressure to topple its government

President Trump signed an executive order allowing new tariffs on countries selling oil to Cuba, intensifying US pressure on the Cuban government. Mexican President Claudia Sheinbaum stated her country has temporarily halted oil shipments to Cuba, asserting it was a sovereign decision independent of US influence.

Law will give private companies more control but experts unsure whether changes go far enough for US

Cotton futures posted weakness on Thursday with contracts closing down 9 to 25 points. Crude oil futures were up $2.28 per barrel on the day at $65.49. The US dollar index was back down $0.264 to $96.010. Export Sales data showed 203,666 RB of cotton sold in the week ending...

Soybeans reverted from the early gains on Thursday with contracts closing 1 to 3 cents lower. The cmdtyView national average Cash Bean price is 2 3/4 cents lower at $10.05. Soymeal futures were $0.60 to $1.80 lower, with Soy Oil futures 21 to 28 points lower. USDA released Export Sales...

Venezuela's National Assembly has approved a new law opening its oil sector to private companies. This reverses a policy of state control lasting over 20 years. The law allows private firms to manage oil production and sales. It also permits international arbitration for disputes. Extraction taxes will be adjusted.