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The Latest Breaking News from Oil

Dance waltzes to Equipe Super Sprint glory at Silverstone

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

Autosport

Oil prices jump after OPEC+ announces modest monthly output hike

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

Euronews

Ukraine-Russia war latest: Zelensky accuses West of ‘zero real reaction’ to massive Russian attack that killed five

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

The Independent UK

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Surprise in Japan’s leadership race jolts financial markets as the dollar soars against the yen

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

Fortune

OPEC+ to raise oil production by 137,000 barrels per day in November

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

The Independent UK

Opec+ Plus To Raise Oil Production By 137,000 Barrels A Day In November

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.

International Business Times

This Energy Dividend Stock Just Slashed 2,000 Jobs. Should You Sell Shares Here?

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.

Barchart

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Trump’s hatred for renewables means the US is falling behind the rest of the world

As well as embracing ‘beautiful coal’, the president has set about obliterating clean energy projects

The Guardian - UK

OPEC+ Meets With Future Oil Production Hanging In The Balance

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are likely to agree to raise crude output when they meet virtually on Sunday, with analysts divided over the size of the expected hike.

International Business Times

Colombian President Petro Slams Pete Hegseth Over Strike On Vessel Off Venezuela: 'You Want To Harass Us To Get Oil For Free'

Colombian President Gustavo Petro slammed U.S. Defense Secretary Pete Hegseth Over the country's latest strike on a vessel off the Venezuelan coast on Friday

Latin Times

6 Popular SUVs To Stay Away From in Retirement, According to Car Experts

Avoid unreliable SUVs in retirement such as the Jeep Wrangler, Ford Explorer and VW Atlas. Our experts recommended Toyota and Honda vehicles instead.

GOBankingRates

Our beauty team are taking no chances with dry skin this autumn, thanks to these rich bodycare buys

From indulgent shower oils to cosy-scented lotions, these are the effective autumn body care buys our team are already using non-stop...

Woman & Home

Hungary clings to Russian oil and gas as EU and NATO push to cut supplies

Hungary remains firm in maintaining its supplies of Russian oil and gas, even as the European Union accelerates efforts to cut Russian energy imports

The Independent UK

Cotton Closes Friday with a Pop Higher

Cotton futures were taking back some of the week’s losses on Friday, as contracts closed with gains of 15 to 21 points on the session. December still fell back 110 points this week. The US dollar index was back down up $0.130 on the day to $97.410, with crude oil...

Barchart

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Barchart

Warren Buffett Just Give Occidental Petroleum a HUGE $10 Billion Boost. Should You Buy OXY Stock Here?

Buffett’s $9.7B OxyChem deal trims Occidental’s debt, but investors question if losing steady cash flow leaves OXY too oil-dependent.

Barchart

Crude Prices Settle Higher as the Dollar Slips and Stocks Rally

November WTI crude oil (CLX25 ) on Friday closed up +0.40 (+0.66%), and November RBOB gasoline (RBX25 ) closed up +0.0098 (+0.53%). Crude oil and gasoline prices settled higher on Friday as a weaker dollar prompted some short covering in energy futures. Also, Friday's rally in the S&P 500 to...

The Independent UK

Mapped: The areas threatened by Reform’s controversial pro-fracking agenda revealed

New analysis identifies parliamentary areas that could be vulnerable to development for fracking if Nigel Farage’s party were to get into government

Barchart

Soybeans Continuing Push Higher at Midday

Soybeans are trading with mostly higher trade on Friday, up 3 to 4 ½ cents. The cmdtyView national average Cash Bean price is 4 cents higher at $9.50 1/2. Soymeal futures are $1 to $1.40 higher. Soy Oil futures are 12 to 22 points higher. The discovery for the harvest...

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Barchart

Cotton Turning Higher at Friday’s Midday

Cotton futures are showing gains of 49 to 60 point gains across the front months on Friday, shrugging off overnight weakness. The US dollar index is back down up $0.130 on the day to $97.410, with crude oil taking back some recent weakness, up $0.69/barrel. The October 2 online auction...

International Business Times UK

What Caused the Fire at the Chevron Oil Refinery Fire in El Segundo? What We Know So Far

A major blaze at Chevron's El Segundo refinery lit up Los Angeles on 2 October. The fire was contained to a jet-fuel unit, no injuries were reported, and the cause is under investigation.

Barchart

Crude Prices Rebound on Dollar Weakness and Strength in Stocks

November WTI crude oil (CLX25 ) today is up +0.54 (+0.89%), and November RBOB gasoline (RBX25 ) is up +0.0079 (+0.43%). Crude oil and gasoline prices are rising today as a weaker dollar prompts some short covering in energy futures. Also, today's rally in the S&P 500 to a new...

Benzinga

Crude Oil Gains 1%; USA Rare Earth Shares Spike Higher

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 450 points on Friday.

The Guardian - UK

How to get cosy this autumn: 42 small, snuggly updates for your home and routine

Getting ready to hibernate? From puzzles to pyjamas, hooded blankets to bath salts, these little comforts will do the trick

Benzinga

Massive Fire Erupts At Chevron's El Segundo Refinery In California Following Reported Explosion

A massive fire broke out at a Chevron Corp. (NYSE:CVX) oil refinery in California, one of the largest on the U.S. West Coast, on Thursday night. The cause of the fire is yet to be determined, but no injuries have been reported.

Barchart

Cotton Falling Back Again Early on Friday

Cotton price action is down 10 to 17 points on Friday morning. Futures closed the Thursday session with contracts falling back 42 to 50 points amid outside pressure. The US dollar index was up $0.214 on the day to $97.595, with crude oil falling $1.10/barrel. Wednesday’s online auction from The...

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