The Latest Breaking News from Oil

The United States military recently carried out a covert operation to capture and then remove Venezuelan President Nicolás Maduro and his wife, transporting them from Caracas to New York. The pair is accused of narco-terrorism, conspiracy, drug trafficking and money laundering.

Cotton futures are in retreat mode from the early session gains, as contracts are up 3 to 5 points at midday. Crude oil futures are back down $1.26 per barrel at $55.87. The US dollar index is up $0.053 at $98.370. The Tuesday online auction from The Seam showed sales...

Outcome of aggression will determine whether rare earths and other resources drive energy transition – or strengthen US military power and oil interests

Russia accused the United States on Wednesday of violating international maritime law after U.S. forces seized a Russian-flagged oil tanker in the North Atlantic.

The FTSE 100 index closed down 74.52 points, 0.7%, at 10,048.21.

When I was still working in automotive shops, there were a ton of issues I’d see that could have been avoided if the driver had only acted sooner. Most mechanical problems won’t just disappear on their own. In fact, as time goes on, they usually get worse and more expensive.…

The ship is alleged to be part of a shadow fleet dodging western sanctions. It had no oil onboard – but was it carrying Russian weapons?

Russia sends warships and a submarine to escort a sanctioned oil tanker evading US pursuit in the North Atlantic, raising fears of confrontation.

February WTI crude oil (CLG26 ) today is closed down -0.81 (-1.42%), and February RBOB gasoline (RBG26 ) is down -0.007 (-0.04%). Crude oil and gasoline prices are under pressure today, with crude falling to a 2-week low. Crude prices tumbled today after the US lifted sanctions on Venezuelan crude...