The Latest Breaking News from Oil

Saudi Arabia’s construction of stadiums for the 2034 World Cup is facing delays owing to a desire from the PIF to scale back costs

Hail to the thief!

Cotton futures closed the Wednesday session with contracts up 20 to 33 points on the day. Crude oil futures were $1.63 per barrel higher at $56.90. The US dollar index was $0.201 higher to $97.995. Spec traders in cotton futures and options were trimming their net short position during the...

BP’s new American CEO is a global traveler who just helped an Australian energy player grow worldwide.

Imprisoned former Jeffrey Epstein girlfriend and longtime associate Ghislaine Maxwell is asking a federal judge to set aside her sex trafficking conviction and 20-year prison sentence, saying “substantial new evidence” has emerged to prove constitutional violations spoiled her trial

Hundreds of ships have been sanctioned, part of a massive shadow fleet of often aging vessels that has proliferated in recent years

Although I’ve been out of the automotive industry (repair shops, anyway) for about five years, there are a number of things I’ve heard people say that just aren’t true. Many folks rely on outdated advice or something their dad always told them. But as technology in your vehicle evolves, so…

January WTI crude oil (CLF26 ) on Wednesday closed up +0.67 (+1.21%), and January RBOB gasoline (RBF26 ) closed up +0.0134 (+0.80%). Crude oil and gasoline prices rose on Wednesday amid heightened geopolitical risks in Venezuela and Russia. President Trump ordered a blockade of sanctioned tankers off Venezuela, and the...

Questions abound about whether the White House will add new sanctions to oil tankers trekking to Venezuela and how broad the oil blockade will become.