The Latest Breaking News from Oil

Letter: William Holland responds to a letter that said that his company, Europa Oil & Gas, was submitting an application for fracking operations

April WTI crude oil (CLJ25 ) today is up +1.30 (+1.89%), and April RBOB gasoline (RBJ25 ) is up +0.0326 (+1.49%). Crude oil and gasoline prices today moved moderately higher after President Trump confirmed plans to impose tariffs on Canada and Mexico, the two top suppliers of crude to the...

Venezuela condemned Trump's reinstated oil sanctions, warning the move is "inflicting harm on the United States, its population, and its companies."

President Trump reverses Biden's concessions with Venezuela over electoral concerns and repatriation issues.

A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week

Trump announced he is reversing Biden-era oil concessions to Venezuela, citing Maduro's failure to meet electoral promises and deport migrants.

Following a 9% dividend hike, Occidental Petroleum’s stock is under scrutiny.

April WTI crude oil (CLJ25 ) Wednesday closed down -0.31 (-0.45%), and April RBOB gasoline (RBJ25 ) closed down -0.0232 (-1.05%). Crude oil prices Wednesday settled moderately lower, with crude falling to a 2-1/4 month low and gasoline sliding to a 2-month low. Economic concerns weighed on crude prices Wednesday...

Kia has a problem with the 2.0-liter engine used in some Soul and Seltos models: some could have potential engine damage that could lead to a failure or a fire. As a result, 137,256 vehicles have been recalled.