The Latest Breaking News from Oil

Trump To Impose Sharp Tariff On Countries Buying Venezuelan Oil

US President Donald Trump announced Monday steep tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty.

International Business Times · Mar 24, 2025

Brazil Chief Raoni Says Will Challenge Lula On Amazon Oil Project: AFP Interview

Brazilian environmental campaigner and tribal leader Raoni Metuktire is pitting himself against the government to stop plans for an oil mega-project at the mouth of the Amazon river.

International Business Times · Mar 24, 2025

Crude Prices Gain as President Trump Threatens Tariffs on Purchasers of Venezuelan Crude

May WTI crude oil (CLK25 ) today is up +0.69 (+1.01%), and May RBOB gasoline (RBK25 ) closed up +0.0094 (+0.43%). Crude oil and gasoline prices today are moderately higher, with crude climbing to a 3-week high. Crude prices jumped to their highs today after President Trump announced a 25%...

Barchart · Mar 24, 2025

Powell Warns of More Inflation—Here’s Where Smart Money Is Moving

There's a rotation happening right now in these three ETFs, caused by the latest commentary from the FOMC meeting suggesting more inflation ahead.

MarketBeat · Mar 24, 2025

Intelligent aliens would need a power supply to jump-start their civilization — would they require fossil fuels?

Fossil fuels powered the industrial revolution. Would aliens need a similar power source to jump-start a technical revolution?

LiveScience · Mar 24, 2025

What options are out there for Grangemouth oil refinery workers losing their jobs?

PETROINEOS announced in September last year that it would close the Grangemouth oil refinery in the second quarter of 2025, laying off 400 staff in…

The National (Scotland) · Mar 24, 2025

Will Iran go nuclear now that Trump is in power - or can a deal be done?

Will Iran build its first nuclear bomb or will it reach a deal with the West? A journalist from the Euronews Persian Service examines Tehran's options.

Euronews · Mar 23, 2025

Just Stop Oil protester, 78, who was returned to jail as no tag fitted her, on her life inside

Gaie Delap on the shocking failures in healthcare and support she saw in jail, and how she coped with being there

The Guardian - UK · Mar 23, 2025

What can impressionist art teach us about climate change?

The Musée d’Orsay is partnering with 12 museums around France in a project that uses impressionist art to highlight climate change – works that collectively tell the story of human enterprise at the end of the 19th century, and the role artists of the time played in unintentionally documenting the…

Radio France Internationale · Mar 23, 2025

How to get rid of bed bugs naturally with the $6 household staple you might already own

Tea tree oil could act as a natural insecticide to kill bed. bugs — how to use it on your mattress.

Tom’s Guide · Mar 23, 2025