The Latest Breaking News from Oil

Guyana, Emerging Oil Superpower, Elects New Leaders

South America's only English-speaking country Guyana goes to the polls on Monday in elections that will decide who will manage the nation's bountiful new oil riches.

International Business Times · Aug 28, 2025

Norway, Environmentalists Back In Court Over Oil Field Permits

The Norwegian state and environmental groups face off in court again Thursday over three oil fields ruled illegal last year due to insufficient environmental impact studies.

International Business Times · Aug 28, 2025

Russia-Ukraine war: List of key events, day 1,281

Here are the key events on day 1,281 of Russia’s war on Ukraine.

Al Jazeera · Aug 28, 2025

How hard will Trump’s 50% tariff hit India, and what is Delhi doing about it?

Likened to a ‘trade embargo’ and an ‘earthquake’, it could cut exports from affected sectors by as much as 70%

The Guardian - UK · Aug 27, 2025

Cotton Sticking Close to Unchanged on Wednesday

Cotton futures are trading with contracts within 4 points of unchanged, as thinly traded October is down 41 points. The outside markets are supportive factors, as the US dollar index is back down $0.062 on the day to $98.065, with crude oil futures $0.60 higher. The Seam reported a total...

Barchart · Aug 27, 2025

Soybeans Weaker at Midday

Soybeans are posting fractional to 2 cent losses across the front months on Wednesday. The cmdtyView national average Cash Bean price is down 1 ¼ cents at $9.76. Soymeal futures are $6 lower at midday, with Soy Oil futures down 20 points. USDA’s Export Sales report is expected to show...

Barchart · Aug 27, 2025

Pipeline dispute shows Central Europe’s struggle to cut ties with Russian oil

Central Europe has been plunged into fresh energy anxiety after a series of Ukrainian drone strikes disrupted the flow of Russian oil through the Druzhba pipeline, igniting a war of words between Kyiv, Budapest and Bratislava.

Radio France Internationale · Aug 27, 2025

Crude Prices Recover as Weekly EIA Crude Inventories Fall More than Expected

October WTI crude oil (CLV25 ) today is up +0.31 (+0.49%), and October RBOB gasoline (RBV25 ) is up +0.0037 (+0.19%). Crude oil and gasoline prices recovered from early losses today and are posting moderate gains as short covering pushed prices higher after the weekly EIA report showed declines in...

Barchart · Aug 27, 2025

Frustrated Russians grapple with fuel crisis as Ukraine attacks oil refineries

Motorists queue, petrol stations run dry and prices surge in country that is one of the world’s top energy exporters

The Guardian - UK · Aug 27, 2025

Exxon Wants To Return To Russia, Holds Talks With Rosneft: Report

Exxon Mobil Corporation (NYSE:XOM) has reportedly held discreet talks with Russian state oil giant Rosneft ever since 2022.

Benzinga · Aug 27, 2025