West Texas Intermediate (WTI) futures opened at $58.90 per barrel (bbl) on October 13, 2025. Brent crude opened at $62.73 per barrel. Both benchmarks remain closely watched gauges of global energy supply and demand.

The head of OPEC and the producer group's most influential energy minister on Wednesday defended oil's role in providing secure energy supplies, pushing back against predictions of a faster transition to cleaner fuels.

The UK's largest undeveloped oil field has revealed the full scale of its environmental impact, should it gain approval by the government. Developers of the Rosebank oil field said nearly 250 million tonnes of planet warming gas would be released from using oil products from the field.

One of California’s worst oil spills occurred off the Santa Barbara coast in 2015, when a corroded pipeline burst.

Oil prices fell on Wednesday, extending losses from the previous session, as investors weighed the International Energy Agency's warning of a supply surplus in 2026 and U.S.-China trade tensions that could curtail demand.

Britain is targeting Russia's largest oil companies and the country's "shadow fleet" of oil tankers in a bid to cut off Vladimir Putin's ability to fund the war in Ukraine. The UK government is also pursuing a major Indian oil refinery and four Chinese oil terminals in a package of 90 new sanctions.

Democrats say Ohio shouldn't be extracting oil and natural gas from under Lake Erie or the 76 state parks.

Russian authorities had earlier declared a drone threat in the region and implemented emergency measures at Ufa airport.