The Latest Breaking News from Oil

United States targets Russian oil giants over Vladimir Putin’s refusal to end 'senseless' war in Ukraine

Scott Bessent claimed the measures against Rosneft and Lukoil will ‘degrade’ the Kremlin’s military efforts

Evening Standard · Oct 22, 2025

Crude Prices Jump on Possible US-India Trade Deal and Lower EIA Inventories

December WTI crude oil (CLZ25 ) on Wednesday closed up +1.26 (+2.20%), and December RBOB gasoline (RBZ25 ) closed up +0.0375 (+2.12%). Crude oil and gasoline prices rallied sharply on Wednesday, posting one-week highs. Crude prices jumped on Wednesday after India's Mint newspaper reported that the US and India are...

Barchart · Oct 22, 2025

Soybeans Holding Higher at Midday

Soybeans are steady to 4 cents higher so far at Wednesday’s midday. The cmdtyView national average Cash Bean price is 4 cents higher at $9.62 1/4. Soymeal futures are steady to $2.90 higher on the day, with Soy Oil 50 to 54 points lower. Brazil’s 2025/26 soybean production estimate from...

Barchart · Oct 22, 2025

UK Government must not ramp up decline of Scottish oil and gas sector, MPs warn

The Scottish Affairs Committee also said the Scottish and UK governments should have acted sooner to prepare for job losses at Grangemouth.

The Independent UK · Oct 22, 2025

Crude Oil Rallies on Possible US-India Trade Deal and Unexpected Draw in EIA Inventories

December WTI crude oil (CLZ25 ) today is up +1.17 (+2.04%), and December RBOB gasoline (RBZ25 ) is up +0.0352 (+1.99%). Crude oil and gasoline prices are up sharply today, reaching one-week highs. Crude prices jumped today after India's Mint newspaper reported that the US and India are nearing a...

Barchart · Oct 22, 2025

As Crude Oil Prices Fall, Make This 1 Unexpected Trade ASAP

December Canada dollar futures present a selling opportunity on more price weakness.

Barchart · Oct 22, 2025

A New Generation of Industries Emerges in Texas from Federal Push for Mining Revival

The United States doesn’t produce the minerals and metals needed for renewable energy, microchips, or military technology. Authorities want to change that as quickly as possible.

Texas Observer · Oct 22, 2025

Satellite data shows methane emissions are declining in part of Canada’s oil patch, but more monitoring is needed

Governments in Canada’s major oil and gas producing provinces, Alberta and Saskatchewan, have touted their efforts in recent years to reduce methane emissions.

The Conversation · Oct 22, 2025

AI can help the environment, even though it uses tremendous energy. Here are 5 ways how

Artificial intelligence has caused concern for its tremendous consumption of water and power

The Independent UK · Oct 22, 2025

What can I cook in an air fryer? 11 fast, delicious and easy ideas

Air fryers are the latest culinary must-have, promising to save time and money while minimising the need for oil. Here are the best dishes to cook in an air fryer

Woman & Home · Oct 22, 2025