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The Latest Breaking News from Oil

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

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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

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?

WhatToWatch

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...

Barchart

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

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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.

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.

Benzinga

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.

The National (Scotland)

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.

Top News

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.

International Business Times

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

The Independent UK

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.

Benzinga

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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’.

International Business Times

OPEC+ Expected To Extend Oil Supply Cuts

The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude.

Marie Claire

I know how gruelling fringe-maintenance is, but over the years I've perfected it with these 7 products

The buys that are key to sleek and bold bangs

Pedestrian.tv

Can We All Just Talk About How Eerily Similar Landman Is To Yellowstone For One Second?

There are so many similarities between Landman and Yellowstone. For starters, Tommy Norris is your new John Dutton. There, I said it!

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Latin Times

Former Miami Dade Congressman Sues Witness in Case Accusing Him of Being a Secret Agent for Venezuela

David Rivera is embroiled a legal battle tied to broader investigations into lobbying activities for the Maduro Regime

Benzinga

Buy Baby Buy: 3 Energy Stocks Riding The Trump Presidential Victory

America’s president-elect is set to introduce a series of new energy-focused policies, rolling back regulatory red tape introduced by the Biden administration. Energy stocks, including a handful of drilling and exploration companies, rallied on the stock market following Trump's victory on November 5.

Barchart

Crude Prices Tumble on US Energy Demand Concerns

January WTI crude oil (CLF25 ) Wednesday closed down -1.40 (-2.00%), and January RBOB gasoline (RBF25 ) closed down -0.0233 (-1.19%). Crude oil and gasoline prices Wednesday gave up an early advance and settled moderately lower. Weaker than expected US economic news Wednesday on Nov ADP employment and Nov ISM...

Evening Standard

Let’s Make-Up: the new beauty launches to have on your radar in December 2024

Our series that fills you in on the buzziest beauty launches to know this month

Benzinga

Market Whales and Their Recent Bets on XOM Options

Investors with a lot of money to spend have taken a bearish stance on Exxon Mobil (NYSE:XOM).

Barchart

Crude Prices Slip on Weak US Economic News

January WTI crude oil (CLF25 ) today is down -0.41 (-0.59%), and January RBOB gasoline (RBF25 ) is up +0.0017 (+0029%). Crude oil and gasoline prices today are mixed. Softer than expected US economic news today on Nov ADP employment and Nov ISM services is negative for energy demand and...

The Guardian - US

‘Straight in harm’s way’: can Trump open up Alaska’s 19m-acre refuge for drilling?

Native leaders ready for a fight as Trump calls ANWR, one of the last truly wild places on Earth, the US’s ‘biggest oil farm’

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