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The Latest Breaking News from Oil

Crude Prices Recover on Potential Delays to Trump Tariffs

March WTI crude oil (CLH25 ) Thursday closed down -0.08 (-0.11%), and March RBOB gasoline (RBH25 ) closed up +0.0211 (+1.01%). Crude oil and gasoline prices settled mixed on Thursday, with crude falling to a 6-week low. Crude prices are under pressure as geopolitical risks eased after President Trump and...

Barchart · Feb 13, 2025

Where are Gasoline Prices Heading in the 2025 Driving Season?

The gasoline market is moving towards the 2025 peak driving season. However, historical price action may not be a guide for the path of least resistance of prices over the coming weeks and months.

Barchart · Feb 13, 2025

Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises

Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.

Evening Standard · Feb 13, 2025

From analysis to the latest developments in health,
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Thirteen more oil and gas licences could be cancelled after Rosebank court ruling

Exclusive: Future of further projects uncertain after Rosebank and Jackdaw licences were found to have been unlawfully granted

The Guardian - UK · Feb 13, 2025

London High court probes Shell over Niger Delta pollution claims

The High Court in London commenced a hearing to address allegations that the oil company Shell has polluted vast areas of the Niger Delta in Nigeria, particularly in regions traditionally claimed by the Ogoni people.

Radio France Internationale · Feb 13, 2025

Crude Prices Pressured by Potential US-Russian Talks to End Ukraine War

March WTI crude oil (CLH25 ) today is down -0.31 (-0.43%), and March RBOB gasoline (RBH25 ) is up +0.0024 (+0.11%). Crude oil and gasoline prices today are mixed, with crude falling to a 6-week low. Crude prices are under pressure today as geopolitical risks eased after President Trump and...

Barchart · Feb 13, 2025

Feeling the cold? These 5 energy-saving heaters will keep you warm without touching the thermostat

Stay cosy with one of these top picks

T3 · Feb 13, 2025

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Trump and Maduro refresh a complex relationship governed by self-interest and tainted by Venezuela election fraud

In 2019, President Donald Trump recognized then-Venezuelan opposition leader Juan Guaidó as the country’s interim leader over Nicolás Maduro, who has ruled the country since 2013.

The Conversation · Feb 13, 2025

Will Falling Bond Yields Send These 2 Small Caps Soaring?

Recent trade tariff volatility has caused the small cap stocks index to hold stronger than the broader S&P 500 index in recent weeks, meaning more strength.

MarketBeat · Feb 13, 2025

A ‘recipe for extinction’: can the US’s envied nature protections survive Trump and his ‘God squad’?

Fears grow for endangered species as the US president sets about dismantling basic laws to protect them to make way for oil and gas drilling

The Guardian - UK · Feb 13, 2025

Asian Stocks Rise, Oil Falls As Trump Fans Ukraine Peace Hopes

Asian markets mostly rose Thursday and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes for an end to the Ukraine war after news Donald Trump and Russia's Vladimir Putin had discussed peace talks.

International Business Times · Feb 13, 2025

Brazil's Lula backs oil exploration in the Amazon ahead of hosting UN climate talks

Brazil's President Luiz Inácio Lula da Silva is defending oil exploration near the mouth of the Amazon River as a way to finance a transition to green energy

The Independent UK · Feb 12, 2025

Crude Prices Fall on EIA Crude Build and US Proposals to End Ukraine War

March WTI crude oil (CLH25 ) Wednesday closed down -1.95 (-2.06%), and March RBOB gasoline (RBH25 ) closed down -0.0577 (-2.69%). Crude oil and gasoline prices posted moderate losses on Wednesday. Wednesday's rally in the dollar index (DXY00 ) to a 1-week high weighed on energy prices. Also, Wednesday's fall...

Barchart · Feb 12, 2025

Tar balls wash ashore on Florida beaches, but the source of the sticky black goo is a mystery

The U.S. Coast Guard has been searching for tar balls that began showing up on Florida beaches over the weekend

The Independent UK · Feb 12, 2025

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International Business Times · Feb 12, 2025

Chevron To Cut 15-20% Of Workforce By End Of 2026

Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to save money and to position the oil giant for the long-term, the company said Wednesday.

The Independent UK · Feb 12, 2025

Oil and gas advocate named by Trump to lead agency that manages federal lands

President Donald Trump has nominated a longtime oil and gas industry representative to oversee an agency that manages a quarter-billion acres of public land concentrated in western states

Barchart · Feb 12, 2025

Crude Prices Slide on Dollar Strength and Robust EIA Crude Inventories

March WTI crude oil (CLH25 ) today is down -1.10 (-1.50%), and March RBOB gasoline (RBH25 ) is down -0.0320 (-1.49%). Crude oil and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 1-week high weighs energy prices. Also, today's fall in the...

The Independent UK · Feb 12, 2025

Just Stop Oil protesters deny damaging Charles Darwin’s grave

Lee and Bligh will appear before Southwark Crown Court on March 12.

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Mixed Public Opinion On President Trump's Early Actions

Explore varying public opinions on Trump's early actions in his second term, from executive orders on sex recognition and oil production to controversial p...

Evening Standard · Feb 12, 2025

Activists smash display cases with typhoon-wrecked belongings at Shell’s London HQ

Greenpeace activists swept broken glass into the doorways at the oil company’s HQ

The Guardian - AU · Feb 12, 2025

Solomon Islands landowners seek compensation over catastrophic oil spill

Claim over the 2019 Rennell Island disaster, which saw more than 300 tonnes of fuel leak into the water, filed in the Solomons High court

inkl · Feb 11, 2025

The Oil Industry’s $7.4B Problem—And One Man’s Mission to Fix It

At 10 years old, Abdul-Latif Benson Lamidi walked 5 km to school—barefoot. His classroom? An open space under a tree. Books? Scarce. Clean drinking water? A luxury. Yet, today, Abdul-Latif Benson Lamidi is a reservoir engineer reshaping the global energy industry. With two PhDs, over 20 research papers, and innovations…

Barchart · Feb 11, 2025

Crude Settles Higher on Dollar Weakness and Reduced Russian Crude Production

March WTI crude oil (CLH25 ) Tuesday closed up +1.00 (+1.38%), and March RBOB gasoline (RBH25 ) closed up +0.0431 (+2.05%). Crude oil and gasoline prices Tuesday rose to 1-week highs and settled moderately higher. Tuesday's weaker dollar is supportive of energy prices. Also, signs that US sanctions are hurting...

The Guardian - UK · Feb 11, 2025

Time for BP’s chair to head for the exit

Helge Lund is too closely tied to share price failure and BP’s inability to carry its investors with it

Barchart · Feb 11, 2025

Crude Pushes Higher as Russian Crude Output Falls

March WTI crude oil (CLH25 ) today is up +0.82 (+1.13%), and March RBOB gasoline (RBH25 ) is up +0.0399 (+1.90%). Crude oil and gasoline prices today rallied to 1-week highs and are moderately higher. Today's weaker dollar is supportive of energy prices. Also, signs that US sanctions are hurting...

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