The Latest Breaking News from Oil

Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian pipeline monopoly Transneft said on Tuesday. International benchmark Brent crude jumped by $2 per barrel to trade near $98 as the news…

Firefighters on Tuesday finally overcame what officials described as the worst fire in Cuba's history that over five days destroyed 40% of the Caribbean island's main fuel storage facility and caused massive blackouts.

Bound together with lime juice and olive oil, streaked with quick-pickled red onions, the peppery bite of poblano and earthy parsley, each bite of this corn and tomato salad is juicy, cool and balanced.

Flames have engulfed a fourth tank at an oil storage facility in western Cuba as the raging fire consumes critical fuel supplies on an island facing a growing energy crisis