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The Latest Breaking News from Oil

What happened in Canada’s French-language election debate?

Liberal Prime Minister Carney says he’s the man to take on Trump, as Conservative Poilievre says time for change.

Al Jazeera

Crude Prices Finish Sharply Higher on US Trade Deal Hopes and Iranian Oil Export Risks

May WTI crude oil (CLK25 ) Thursday closed up +2.21 (+3.54%), and May RBOB gasoline (RBK25 ) closed up +0.0554 (+2.71%). Crude oil and gasoline prices rallied sharply on Thursdays to 1-1/2 week highs. Optimism that the US will be able to make trade deals has reduced tariff concerns and...

Barchart

Crude Prices Push Higher on US Trade Deal Hopes and Risk to Iranian Oil Exports

May WTI crude oil (CLK25 ) today is up +1.64 (+2.63%), and May RBOB gasoline (RBK25 ) is up +0.0433 (+2.12%). Crude oil and gasoline prices today climbed to 1-1/2 week highs and are sharply higher. Optimism that the US will be able to make trade deals has reduced tariff...

Barchart

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Trump says Fed chair would resign if asked and condemns him over interest rates

President, whose tariffs has caused turmoil, said Jerome Powell is ‘always too late and wrong’ with rate policy

The Guardian - US

Major shareholder revolt against BP chairman amid climate clash

Shareholders delivered a massive rebuttal for Helge Lund’s reappointment amid tensions.

Evening Standard

Just Stop Oil activists say trial 'tainted by jury misconduct' in Heathrow protest conviction appeal

Just Stop Oil activists say their trial was ‘tainted’ by jury misconduct

Evening Standard

Conservationists sue Trump administration over rollback of green policies

Lawsuit focuses on day-one executive order claiming to ‘unleash American energy’ by boosting oil industry

The Guardian - US

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BP suffers investor rebellion at first AGM since climate strategy U-turn

Nearly a quarter of shareholders vote against the chair, Helge Lund, as green protesters are blocked from entering

The Guardian - UK

Crude Prices Gain as China Signals it is Open to US Trade Talks

May WTI crude oil (CLK25 ) Wednesday closed up +1.17 (+1.86%), and May RBOB gasoline (RBK25 ) closed up +0.0190 (+0.94%). Crude oil and gasoline prices on Wednesday rallied moderately. Wednesday's slide in the dollar (DXY00 ) was supportive of crude prices. Also, the prospects of de-escalating US-China trade tensions...

Barchart

Manchester Arena bomb plotter ‘moved to Belmarsh prison’ after attack on guards

Hashem Abedi is alleged to have attacked three prison officers with hot cooking oil in kitchen at HMP Frankland

The Guardian - UK

BP set for shareholder clash over climate goals as AGM season kicks off

The oil major’s board is likely to face conflicting pressures from shareholders against a backdrop of confusion and uncertainty for investors.

Evening Standard

US imposes sanctions on a Chinese refinery accused of buying Iranian oil

The Treasury Department has imposed sanctions on a Chinese oil refinery that's accused of purchasing more than $1 billion worth of Iranian oil

The Independent UK

US Army engineers decide to fast-track Great Lakes tunnel permits under Trump energy emergency order

The U.S. Army Corps of Engineers will fast-track permits for building a protective tunnel around an aging Enbridge oil pipeline that runs beneath a channel connecting two Great Lakes

The Independent UK

Crude Prices Climb on Possible De-Escalation of US-China Trade Tensions

May WTI crude oil (CLK25 ) today is up +1.27 (+2.07%), and May RBOB gasoline (RBK25 ) is up +0.0139 (+0.69%). Crude oil and gasoline prices today are moderately higher. Today's slide in the dollar is supportive of crude prices. Also, the prospects of de-escalating US-China trade tensions are positive...

Barchart

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The Guardian - AU

Lab coats, red boards and oiled bodies: inside the world of junior pig showing

Competitors from across Australia converged on the Sydney Royal Easter Show on Monday to show off their pig-handling skills and see who would win best pig in show

Evening Standard

Easter lunch: Jun Tanaka's spring roast lamb with a herby duck fat crust

This recipe calls for lemons, artichoke puree and wonderfully meaty morels

The Guardian - US

Trump effect leaves Canada’s Conservatives facing catastrophic loss

Pierre Poilievre had hoped to be the next PM, but a sharp change in mood amid Trump tariffs has the party in turmoil

The Guardian - UK

China to snub UK energy summit amid row over infrastructure projects

Exclusive: Absence of world’s biggest clean energy producer will be welcomed by US pushing oil and gas exports

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news in one place.

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The Independent UK

White House threatens Colombia over regulations affecting US auto exports

The White House is urging Colombia to stop the implementation of new auto safety regulations that could jeopardize American car exports to Colombia, as both nations get ready to discuss tariffs, that have been recently imposed on Colombian products like coffee, avocados, flowers and oil

Barchart

Energy Demand Concerns Undercut Crude Prices

May WTI crude oil (CLK25 ) Tuesday closed down -0.20 (-0.33%), and May RBOB gasoline (RBK25 ) closed up +0.0022 (+0.11%). Crude oil and gasoline prices on Tuesday settled mixed. Tuesday's stronger dollar weighed on crude prices. Also, Tuesday's action by the International Energy Agency (IEA) to cut its global...

Barchart

Energy Commodities in Q1 2025- Where are they Heading in Q2?

The energy sector of the commodities market moved higher in Q1 2025, led by double-digit percentage gains in gasoline and natural gas. The energy composite gained 4.62% over the first three months of 2025.

Barchart

Crude Prices Weaken as IEA Cuts its Global Crude Demand Forecast

May WTI crude oil (CLK25 ) today is down -0.23 (-0.37%), and May RBOB gasoline (RBK25 ) is up +0.0033 (+0.16%). Crude oil and gasoline prices today are mixed. Today’s stronger dollar is weighing on crude prices. Also, today’s action by the International Energy Agency (IEA) to cut its global...

The Guardian - UK

Trump tariffs will mean world uses less oil this year, IEA says

Energy watchdog cuts forecast for growth in demand by a third, and says a trade war could mean it falls further

MarketBeat

Buffett Loves Occidental Petroleum—Should You? 4 Pros, 3 Cons

Buffett hasn’t sold a single OXY share in 2025. Discover if now is the right time to invest in Occidental Petroleum amid oil price drops and debt concerns.

MarketBeat

Why This Beaten-Down Oil Stock Could Skyrocket 51% in 2025

Marathon Petroleum stock is down, but bullish analysts and rising oil demand suggest a 51% upside. Here’s why investors shouldn’t overlook this energy play.

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