The Latest Breaking News from Oil

November WTI crude oil (CLX25 ) today is up +0.80 (+1.31%), and November RBOB gasoline (RBX25 ) is up +0.0400 (+2.15%). Crude oil and gasoline prices are rising today after OPEC+ agreed to a smaller-than-expected increase in its crude production levels. Also, reduced Russian crude production is supporting oil prices...

When President Donald Trump began his second term with the battle cry “drill, baby, drill,” he vowed a new era of American energy supremacy, promising cheaper prices, more rigs, and more jobs. But nine months in, the boom is looking more like a bust.

The Ford Capri driver was on dominant form at Equipe's unique event, while a 1950s Lotus was one of the other stars

Analysts forecast that the rise may be short-lived as soft demand threatens a supply glut.

Five civilians killed after Moscow sent more than 50 ballistic missiles and around 500 drones into nine regions across Ukraine

Sanae Takaichi favors looser fiscal and monetary policies, raising expectations that Tokyo will issue more debt while the central bank rethinks rate hikes.

A group of countries in the OPEC+ alliance has agreed to a small boost in oil production, citing a steady global economic outlook

Saudi Arabia, Russia and six other members of Opec+ on Sunday decided to raise their production quotas by 137,000 barrels per day in November, as they continue to push for greater market share.

ExxonMobil's decision to cut 2,000 jobs amid falling oil prices and industry consolidation may seem alarming, but strong fundamentals suggest the move is a cost discipline measure rather than a sign of deeper trouble.