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The Latest Breaking News from Oil

3 Top-Tier Energy Stocks Primed for Massive Gains

With the highly optimistic outlook for global oil demand and current market shifts, the energy industry is booming. Amid this backdrop, investors could buy solid energy stocks like Exxon Mobil (XOM), Chevron (CVX), and EOG Resources (EOG) for significant gains. Keep reading.

StockNews.com

Crude Oil Falls Over 1%; US Consumer Sentiment Surges In December

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Friday.

Benzinga

Crude Prices Slip on Dollar Strength and Oversupply Concerns

January WTI crude oil (CLF25 ) today is down -0.94 (-1.38%), and January RBOB gasoline (RBF25 ) is down -0.0255 (-1.32%). Crude oil and gasoline prices today are moderately lower, with crude posting a 2-1/2 week low and gasoline posting a 2-month low. A stronger dollar today is bearish for...

Barchart

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Chevron Unusual Options Activity

Deep-pocketed investors have adopted a bearish approach towards Chevron (NYSE:CVX), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CVX usually suggests something big is about…

Benzinga

Swinney raises union’s plan to save Grangemouth with Starmer

Owner Petroineos currently intends to close the oil refinery in 2025.

Evening Standard

Bitcoin is now worth more than silver and Saudi Arabia's oil company—and is closing in on Google

The original cryptocurrency broke $100,000 for the first time on Wednesday.

Fortune

I Can't Believe Someone Actually Built This Lil Guy

When you think of New Zealand, what comes to mind? Unparalleled natural beauty? Lord of the Rings? Flight of the Conchords? Burt Munro? John Britten? Well, you just might want to add Paton Machines to your list.Taking a motorbike engine and using it to power a three-wheeler? You've probably seen…

RideApart

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China And Europe Markets Advance, Gold And Dollar Tick Higher - Global Markets Today While US Slept

US markets closed lower due to tech shares and UnitedHealth's decline. Jobless claims rose, while trade deficit narrowed. Asia markets mixed, oil prices fell.

Benzinga

How to make cinnamon oil for cleaning – and 5 areas of the home you can put it to work

There's 2 easy ways to make it

Homes & Gardens

How to choose the ideal ‘your lips but better’ lipstick shade

There are some whacky ideas about finding the right nude lipstick tone, but really it is very simple…

The Guardian - UK

Signs of Weak Global Energy Demand Undercut Crude Prices

January WTI crude oil (CLF25 ) Thursday closed down -0.24 (-0.35%), and January RBOB gasoline (RBF25 ) closed down -0.0066 (-0.34%). Crude oil and gasoline prices posted moderate losses on Thursday. Crude prices fell as Thursday's weaker-than-expected global economic news signals stagnant fuel demand. A weaker dollar Thursday limited losses...

Barchart

Are Crude Oil Prices Going Lower?

Crude oil prices are holding near $70 per barrel. Meanwhile, the incoming administration’s plans and the international oil cartel’s response could mean that prices will by significantly lower in 2025.

Barchart

Crude Oil Edges Lower; US Initial Jobless Claims Increase

U.S. stocks traded mostly lower toward the end of trading, with the Dow Jones index falling over 150 points on Thursday.

Benzinga

FTSE 100 treads water as Frasers shares tumble after profit downgrade

The blue-chip index lifted 13.57 points, or 0.16%, to close at 8,349.38.

Evening Standard

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WhatToWatch

General Hospital spoilers: Carly helping Anna leads Brennan to expose Anna’s secret?

Anna asks Carly to plant a bug on Brennan to help find Valentin. Will Carly do it? If so, will Brennan expose Anna and Jason’s secret as payback?

Barchart

Crude Recovers Early Losses as OPEC+ Delays Planned Crude Output Hikes

January WTI crude oil (CLF25 ) today is up +0.11 (+0.16%), and January RBOB gasoline (RBF25 ) is up +0.0023 (+0.12%). Crude oil and gasoline prices today recovered from early losses and turned higher as the dollar weakened. Gains in crude accelerated today after OPEC+ said it would delay the...

Benzinga

Equinor and Shell Unite Forces to Dominate UK North Sea Oil and Gas

Equinor and Shell to merge UK offshore oil and gas assets, create largest independent producer in UK North Sea, aiming to enhance production and energy security.

Benzinga

Arcadia Biosciences Stock Are On The Rise Today: What's Going On?

Shares of Arcadia Biosciences, Inc. (NASDAQ: RKDA) are trading higher Thursday following the company's announcement of an all-stock merger with Roosevelt Resources LP. Here's what you need to know.

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Benzinga

OPEC+ Extends Oil Output Cuts To Late 2026: What It Means For Markets

The OPEC+ group extends production cuts until 2026, with gradual increases and extended compensation period. Analysts view this as cautious market management.

The National (Scotland)

Shell and Equinor merge North Sea assets to create new company with 1300 jobs

SHELL and Equinor have said they will combine their offshore oil and gas assets in the North Sea to create a new company with 1300 employees.

Top News

OPEC+ Considers Delaying Oil Production Increase Amid Stagnant Demand

OPEC+ alliance weighs delaying oil production increase amid sluggish demand and competition, impacting global oil prices and U.S. gasoline costs.

International Business Times

Shell, Norway's Equinor To Form Joint UK Oil And Gas Firm

British energy giant Shell and Norway's Equinor announced plans Thursday to merge their UK offshore oil and gas assets to create a new jointly owned company.

The Independent UK

OPEC+ oil alliance faces stagnant prices for crude while US drivers enjoy cheaper gasoline

The OPEC+ alliance of oil exporting countries is deciding on whether to produce more crude as members face sluggish demand and competing production from non-allied countries, factors that could keep oil prices stagnant into next year

Benzinga

Asia And Europe Markets Gains; Dollar Slips While Bitcoin Hits $100K - Global Markets Today While US Slept

U.S. markets closed higher on strong tech earnings and Fed Chair Powell's remarks. Asia and Europe markets were mixed. Oil prices up, gold down.

Evening Standard

Shell and Equinor tie-up to create new UK oil and gas producer

Shell said no jobs will be lost but that the deal was in recognition that the North Sea is ‘no longer the prolific basin that it once was’.

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