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The Latest Breaking News from Oil

Asian Shares Rise After Bank Of Japan Raises Lending Rate

Asian shares gain on Bank of Japan's rate hike and U.S. market highs. Trump's oil price comments ease inflation concerns.

Top News

Tagine dreams: Casablanca’s take on Morocco’s most iconic dish – and how to make it

Amira Arasteh dives into the magic of tagine. In Casablanca, this culinary staple is reimagined with a cosmopolitan edge – think fresh seafood, seasonal vegetables and a nod to the city’s coastal heritage – proving there’s always more to discover in this age-old favourite

The Independent UK

Aussie shares rise as Trump calls for rate cuts

The ASX200 rose 0.4 per cent on Friday to finish up 1.2 per cent for the week as Donald Trump demanded cuts in oil prices and interest rates.

AAP

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Smog Chokes Baghdad As Oil-fired Factories Belch Out Smoke

Iraqi grocery store owner Abu Amjad al-Zubaidi is grappling with asthma, a condition his doctor blames on emissions from a nearby power plant that fills his Baghdad neighbourhood with noxious smoke.

International Business Times

Ukraine war briefing: Russians say major oil refinery burning after Ukrainian drone strikes

Trump says Opec should cut oil prices to starve Russia of war funding; Ukraine evacuating children from towns in Kharkiv region. What we know on day 1,066See all our Ukraine war coverage

The Guardian - AU

Students burned by teacher's science experiment

Four boys in Phetchabun were injured by sparks while they were watching a teacher’s science experiment using engine oil that had accidentally been mixed with gasoline.

Bangkok Post

Trump Taps Former Junk Food Lobbyist for Top USDA Position as He Vows to 'Make America Healthy Again'

The incoming chief of staff for the US Department of Agriculture most recently lobbied for the seed oil industry, which Robert F. Kennedy, Jr. said is "poisoning Americans."

Latin Times

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Trump Agriculture Nominee Claims Family's Oil Investments Won't Affect Her Policy Decisions

Trump's agriculture nominee Brooke Rollins assures senators her family's oil investments won't influence her policy decisions.

Latin Times

Crude Falls as Trump Prods Saudi Arabia and OPEC to Lower Oil Prices

March WTI crude oil (CLH25 ) Thursday closed down -0.82 (-1.09%), and March RBOB gasoline (RBH25 ) closed up +0.0084 (+0.40%). Crude and gasoline prices settled mixed on Thursday, with crude falling to a 1-1/2 week low. Crude gave up early gains Thursday and turned lower after President Trump said...

Barchart

US President Trump threatens tariffs at 2025 Davos World Economic Forum

Trump repeats familiar grievances and threatens allies like Canada and the European Union with tariffs.

Al Jazeera

Trump says 'the Russia-Ukraine war would end immediately' if Saudi Arabia and OPEC lowered the price of oil

President Donald Trump doubled down on ending the war in Ukraine during his speech at Davos a day after threatening Russia and Putin with tariffs and sanctions.

Fortune

President Trump Calls For Immediate Interest Rate Drop

President Trump's recent speech at Davos linked oil prices to interest rates, but rates are influenced by market forces and central bank decisions.

Top News

Trump threatens business leaders with tariffs and demands lower oil prices in World Economic Forum speech

President says he will demand lower oil prices from OPEC and lower interest rates from central banks globally

The Independent UK

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Barchart

Crude Prices Edge Lower on Dollar Strength and Trump Tariff Threats

March WTI crude oil (CLH25 ) today is down -0.36 (-0.48%), and March RBOB gasoline (RBH25 ) is up +0.0055 (+0.26%). Crude and gasoline prices today are mixed, with crude falling to a 1-1/2 week low. Crude is under pressure today from a stronger dollar and President Trump's threat to...

Evening Standard

Why mushroom oil has become the drug of choice for cool middle-class parents in London

A growing tide of women, often battling early parenthood, are replacing alcohol with a drug that comes in a little brown bottle with a pipette. Jessica Salter reports

The Independent UK

With Trump pivot back to pro-oil and gas policies, one renewable energy finds favor

As promised, President Donald Trump began reversing the country’s energy policies on his first day in office with a spate of orders largely favoring oil, gas and coal

MarketBeat

Momentum Builders: 3 Stocks Positioned to Shine This Quarter

The transportation and industrial spaces have brought some of the best deals for investors, allowing them to start the first quarter of 2025 on a strong note.

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Al Jazeera

As Trump turns to fossil fuels, Europe sprints ahead with renewables

Solar and wind power are replacing coal and gas in power generation, but experts warn of hurdles ahead.

The Conversation

Trump returns: nine things to expect for the climate

Climate scientists are probably among those most aggrieved by Donald Trump’s return as US president.

The Guardian - US

Big oil spent $445m in last election cycle to influence Trump and Congress, report says

Investments ‘likely to pay dividends’, analysis says, as Trump unleashes dozens of pro-fossil fuel executive actions

The Independent UK

The Traitors: How to get Claudia Winkleman’s enviably glossy hair

If The Traitors has you lusting over Winkelman’s glossy locks – here’s how to get the shine

The Independent UK

Ukraine welcomes Trump’s threat to sanction Russian oil and gas even harder

US president says no desire to hurt Russia but asks Mr Putin to ‘settle now and stop this ridiculous war’

The National (Scotland)

Most Scots back North Sea drilling to meet energy needs, poll finds

More than seven in 10 Scots back drilling in the North Sea to reduce the country’s reliance on foreign imports, a survey has found.

Al Jazeera

Sudan’s army battles RSF for control of oil refinery near Khartoum

Sudan plunged into conflict in April 2023, when long-simmering tensions between RSF and the army broke out.

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