The Latest Breaking News from Oil

Hungary threatens block EU sanctions on Russia over Ukraine pipeline dispute

A unanimous decision from the 27-nation bloc is required for the sanctions to pass

The Independent UK · Feb 22

So How Do You Actually Use Lava Stone Diffusers? Here's What You Should Know About This Fragrance Format Before Using It to Scent Your Space

From how much essential oil to use to how often to refresh your diffuser and more...

Livingetc · Feb 22

Slovakia's Fico threatens to cut off electricity supply to Ukraine unless Russian oil flows resume

Prime Minister Robert Fico has said he will to cut off his country's emergency electricity supply to Ukraine unless Kyiv resumes pumping Russian oil to Slovakia.

Euronews · Feb 21

'Cuba's healthcare system is being pushed to the brink by US blockades,' says health minister

Cuba’s Health Minister says the country is headed to a catastrophic humanitarian crisis, saying the US blockade of oil on his country is rendering hospitals helpless and puts thousands of lives at risk.

Euronews · Feb 21

Trump loves cheap gas—but a military conflict in Iran could nearly double your price at the pump

As Trump builds the biggest military force since 2003 outside Iran, the U.S. impacts could swing from $2.50 to $5 gasoline.

Fortune · Feb 21

Ukraine war briefing: Hungary threatens to block €90bn EU loan to Kyiv in oil row

Viktor Orbán demands Ukraine reopen Druzhba pipeline for Russian deliveries; Zelenskyy says Ukraine is not losing the war. What we know on day 1,459

The Guardian - AU · Feb 21

Supreme Court blunts President Trump's energy weapon

The ruling "absolutely will limit Trump's ability to wield tariffs for geopolitical pressure," Columbia's Trevor Sutton said.

Axios · Feb 21

Cuba's health care system pushed to the brink by US fuel blockade, Cuban minister says

Cuban officials say a U.S. fuel blockade is pushing Cuba’s health system toward collapse and putting lives at risk

The Independent UK · Feb 20

Cotton Rallies to Round Out the Week

Cotton futures posted a rally or 110 to 150 points across most contracts on Friday, as March closed out the week with a 92 point gain. Crude oil futures was down 4 cents per barrel on the day at $66.36. The US dollar index was down $0.170 to $97.685. USDA’s...

Barchart · Feb 20

Energy Demand Concerns Weigh on Crude Oil Prices

March WTI crude oil (CLH26 ) on Friday closed down -0.04 (-0.06%), and March RBOB gasoline (RBH26 ) closed down -0.0093 (-0.46%). Crude oil and gasoline prices settled lower on Friday amid concerns about energy demand after the US Q4 GDP grew at a slower-than-expected pace. However, losses in crude...

Barchart · Feb 20