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The Latest Breaking News from Oil

Stocks Retreat as Chip Makers and Energy Producers Plunge

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down by -0.76%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.75%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.37%. Stocks on Tuesday settled moderately lower. Chip stocks sold off Tuesday...

Barchart

Mystery debris that closed two Sydney beaches confirmed to be thousands of ‘tar balls’

Coogee and Gordons Bay beachgoers had been warned not to touch the material. ‘Tar balls’ form from oil spills or seepage at sea

The Guardian - AU

Rio Tinto praised for ‘breaking ranks’ to back revamp of environment laws – as it happened

This blog is now closed

The Guardian - AU

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Crude Prices Sharply Lower as Israel May Not Strike Iranian Oil Sites

Nov WTI crude oil (CLX24 ) Tuesday closed down -3.25 (-4.40%), and Nov RBOB gasoline (RBX24 ) closed down -7.09 (-3.36%). Crude oil and gasoline prices Tuesday sold off sharply, with crude falling to a 2-week low and gasoline sliding to a 1-1/2 week low. Crude prices tumbled Tuesday on...

Barchart

Energy in Q3- Where are Prices Heading in Q4 and Beyond?

The energy sector of the commodities market was the worst-performing sector in Q3, posting a double-digit percentage decline. Seasonality and other factors pushed most traditional energy prices lower, with some exceptions.

Barchart

IDF-linked firm to receive millions from Rosebank oil field in North Sea

NEW analysis has shown that a fossil fuel firm with links to an Israeli company supplying fuel to the IDF is set to make millions from the…

The National (Scotland)

Carbon capture plan is a colossal waste of money

Letters: The government’s carbon capture scheme is an expensive distraction, argues Dr Richard Carter, while Kate Macintosh and Edric Brown call for a more far-sighted solution to curb emissions

The Guardian - UK

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Crude Prices Plunge as Israel May Not Target Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) today is down -3.741 (-5.07%), and Nov RBOB gasoline (RBX24 ) is down -8.97 (-4.25%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 2-week low and gasoline sliding to a 1-1/2 week low. Crude prices are sinking today...

Barchart

Stock Indexes Turn Lower as Chip Makers and Energy Stocks Fall

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.02%. Stocks today are moderately lower. Chip stocks are retreating today to...

Barchart

Stocks Lower on Weakness in Energy Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.75%. Energy stocks are under pressure today, with the price of WTI...

Barchart

Stocks Mixed on Robust Bank Earnings and Weakness in Energy Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.087%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.13%. Stocks today are mixed. Stock indexes have support on solid corporate...

Barchart

Rain may have helped form the first cells, kick-starting life as we know it

Billions of years of evolution have made modern cells incredibly complex. Inside cells are small compartments called organelles that perform specific functions essential for the cell’s survival and operation. For instance, the nucleus stores genetic material, and mitochondria produce energy.

The Conversation

A water roux keeps challah tender and fluffy

To make an olive-oil challah, the cooks at Christopher Kimball’s Milk Street borrow the water roux technique

The Independent UK

Oil price slides amid China slowdown and easing Middle East fears

Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth

The Guardian - UK

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Latin Times

Oil Prices Hit By Easing Middle East Fears, Most Asian Markets Rise

The sell-off came as the commodity is also hit by worries about China's economic outlook after Beijing failed to announce any new stimulus at a weekend briefing.

International Business Times

California Governor Signs Legislation Aimed At Preventing Spikes In Gas Prices

Opponents say the new law may actually lead to higher prices.

Top News

Asian Shares Advance As Wall Street Hits New Records

Asian shares rise, Chinese markets face losses. Wall Street hits record highs. Dollar weakens, focus on corporate earnings. Oil prices drop, optimism aroun...

International Business Times

Oil Prices Drop On Easing Fears Over Middle East, Most Markets Rise

Oil prices extended losses Tuesday after a report said Israeli Prime Minister Benjamin Netanyahu had told US President Joe Biden he would not strike Iran's crude or nuclear facilities in retaliation for a missile attack earlier this month.

Barchart

Grab This Warren Buffett Dividend Stock While It's Cheap

Warren Buffett has taken a significant stake in Occidental Petroleum (OXY), a dividend-paying energy stock trading at a discount, with attractive valuation metrics and a steady dividend yield. OXY's strategic moves, debt reduction efforts, and expansion in the Permian Basin make it a potentially lucrative investment opportunity.

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