The Latest Breaking News from Oil

Will Trump's Tariffs on Venezuelan Oil Matter?

The latest tariffs appear to be like many before that were promised but never enacted.

Reason · Mar 25, 2025

Crude Prices Falter on Prospects for a Partial Ceasefire in Ukraine

May WTI crude oil (CLK25 ) Tuesday closed down -0.11 (-0.16%), and May RBOB gasoline (RBK25 ) closed up +0.0048 (+0.22%). Crude oil prices Tuesday fell from a 3-week high and posted modest losses after Ukraine agreed to a partial ceasefire, raising expectations that Russian crude supplies would flow freely....

Barchart · Mar 25, 2025

FTSE makes gains after boost from positive Shell shares

The FTSE 100 finished 25.79 points higher to end the day at 8,663.8.

Evening Standard · Mar 25, 2025

Can massage therapy really help with pain management? Here’s what we need to know

Massage therapy has been trusted for centuries as a natural way to relieve pain and improve overall well-being. But does it truly work for pain management? The short answer is yes—when applied correctly, massage therapy can significantly reduce pain and enhance mobility. Here is everything we need to know about…

The Times of India · Mar 25, 2025

Shell increases shareholder returns and doubles down on LNG

Shell recently revamped its focus on oil and gas output, a move which has been greatly welcomed by shareholders, due to the current higher returns potential.

Euronews · Mar 25, 2025

Trump To Impose Sharp Tariffs On Countries Buying Venezuelan Oil

The latest across-the-board 25 percent levies targeting direct and indirect buyers of Venezuelan oil can take effect as soon as April 2, according to an order signed Monday by Trump.

Latin Times · Mar 25, 2025

West Texas lawmakers push bills to divert some oil and gas taxes to help oil-producing counties with roads, other needs

Reps. Tom Craddick and Brooks Landgraf want to divert 10% of taxes collected on oil and gas production to help budget-strapped counties keep up with growth.

The Texas Tribune · Mar 25, 2025

Oil prices jump in response to Trump’s Venezuela tariff threats

Crude oil prices jumped following US President Donald Trump’s announcement that he would impose 25% tariffs on Venezuela’s oil buyers. The West Texas Intermediate (WTI) futures at NYNEX rose 11% and the Brent futures at ICE were up 6.7% since their lows on 5 March.

Euronews · Mar 25, 2025

Shell plans more cuts to costs and spending but hands CEO bigger bonus

Increase in pay package comes despite fall in profits and as oil company waters down pledge to cut emissions

The Guardian - UK · Mar 25, 2025

Shell vows to boost investor returns amid plans to cut costs and spending

The oil giant has lowered its annual spending outlook to £15.5 billion to £17 billion over the next three years.

Evening Standard · Mar 25, 2025