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The Latest Breaking News from Oil

How Is ConocoPhillips’s Stock Performance Compared to Other Oil & Gas E&P Stocks?

ConocoPhillips has underperformed the oil & gas E&P peers over the past year, but analysts remain highly optimistic about the company’s future growth potential.

Barchart

Cotton Heads into the Holiday with Gains

Cotton futures were up 30 to 99 34 points in the nearby contracts on Wednesday. Crude oil futures were up 60 cents per barrel at $58.55 on the day, with the US dollar index $0.069 lower to $99.520. The markets will be closed on Thursday. The November 25 online auction...

Barchart

Crude Prices Settle Higher on Dampened Optimism for a Russian-Ukrainian Peace Deal

January WTI crude oil (CLF26 ) on Wednesday closed up +0.70 (+1.21%), and January RBOB gasoline (RBF26 ) closed up +0.0251 (+1.39%). Crude oil and gasoline prices are settled higher on Wednesday. Dollar weakness on Wednesday boosted crude prices. Also, doubts about a deal to end the Russian-Ukrainian war sparked...

Barchart

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Labour is still in a muddle on North Sea oil and gas

Maintaining existing drilling sites for longer is sensible but doesn’t square with plans to keep the energy profits levy

The Guardian - UK

A Beauty Editor’s Guide to Shopping Makeup, Skincare, and Hair Deals During Black Friday

Shop Black Friday and Cyber Monday like a beauty editor.

Marie Claire

Soybeans Rallying Ahead of the Holiday

Soybeans are up 7 to 9 cents across the front months on Wednesday. The cmdtyView national average Cash Bean price is 8 1/2 cents higher to $10.61 1/2. Soymeal futures are steady to 60 cents higher, with Soy Oil futures steady to 38 to 41 points higher. The market will...

Barchart

Cotton Showing Wednesday Gains

Cotton futures are up 39 to 99 points so far on Wednesday. Crude oil futures are up 13 cents per barrel at $58.08 on the day, with the US dollar index $0.064 lower to $99.525. The markets will be closed on Thursday. Commitment of Traders data, still delayed from to...

Barchart

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GOP Rep. Salazar Slams Laura Loomer Over Venezuela Stance: 'Why Are You Defending A Terrorist Dictator?'

Republican Rep. Maria Elvira Salazar slammed MAGA activist Laura Loomer after the latter claimed the lawmaker advocated for "illegal aliens from Venezuela to stay in the United States" and called for "US intervention and full blown regime change in Venezuela, home to the worlds' largest oil reserves and rare earth…

Latin Times

Stocks rise, pound firms after ‘tolerable’ Budget

Financial markets gave a guarded welcome to Chancellor Rachel Reeves’s plans on Wednesday.

The Independent UK

Government ‘taxing oil and gas sector to death’, claims trade body

The Chancellor was told Aberdeen was ‘not going down without a fight’.

Evening Standard

Crude Prices Gain on Doubts About a Russian-Ukrainian Peace Deal

January WTI crude oil (CLF26 ) today is up +0.08 (+0.14%), and January RBOB gasoline (RBF26 ) is up +0.0110 (+0.61%). Crude oil and gasoline prices are slightly higher today. Dollar weakness today is boosting crude prices. Also, doubts about a deal to end the Russian-Ukrainian war have sparked some...

Barchart

COP30: petrostates block climate deal once again, but some countries are taking their own decisive steps to phase out fossil fuels

The latest United Nations climate summit (COP30) was held between 10 and 21 November in Belém, Brazil. Although the event did not end with any significant progress towards the goals of mitigating global warming or advancing climate finance, it did leave us with one positive outcome: a group of countries…

The Conversation

Ed Miliband confirms crackdown on North Sea exploration – but new drilling will continue

Strategy paper released with budget allows new oil and gas projects to move ahead if they are linked to existing fields

The Guardian - UK

North Sea plan allows drilling while enabling Labour to keep ‘no new licences’ pledge

‘Tiebacks’ will permit small amount of new fossil fuel extraction, but campaigners want bolder strategy

The Guardian - UK

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Evening Standard

UK Government to allow oil and gas extraction near existing North Sea fields

Energy Secretary Ed Miliband said it is a ‘world-leading’ plan

Guitar World

"If heaps of retro charm and a sound that truly stands on its own are what you’re after, then you’ve just found your new delay pedal”: Strymon Olivera Vintage Oil Can Echo pedal review

Strymon proves it's a well-oiled pedal-making machine with yet another knockout delay unit

The Conversation

TotalEnergies: French court ruling over false climate claims could boost African cases against polluters

A court ruling in France could give African countries more power to hold corporations to account when they pretend to be environmentally friendly. The Paris Judicial Court found global oil and gas giant TotalEnergies guilty of misleading commercial practices, in a case brought by three environmental organisations.

Barchart

Soybeans Holding Gains on Wednesday Morning

Soybeans are up 1 to 3 cents across the front months on Wednesday morning. Futures were higher at the Tuesday close with contracts up 1 to 3 cents on the day. Open interest was down 6,334 contracts on Tuesday. The cmdtyView national average Cash Bean price was 1 3/4 cents...

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Barchart

Cotton Pushing Higher on Wednesday Morning

Cotton price action is up 10 to 17 cents so far on Wednesday. Futures saw Tuesday gains of 20 to 25 points across most contracts, with in delivery Dec up 99 points. Crude oil futures are down 73 cents per barrel at $58.11 on the day, with the US dollar...

Benzinga

JPMorgan Warns Brent Crude Could Plunge To $30s By 2027 On Global Oversupply

JPMorgan Chase Co. (NYSE:JPM) has warned that a surge in global oil supply could trigger a dramatic crash in prices, potentially cutting Brent crude to the $30-per-barrel range by 2027.

LiveScience

Diagnostic dilemma: A man's muscles looked strangely deformed. Doctors found they were leaking calcium into his blood.

A man showed up to the hospital with vomiting, weakness, failing kidneys and sky-high calcium. The culprit was a muscle-enhancing oil he injected into his chest and arms years ago.

Evening Standard

Turner & Constable at the Tate: Who is the greater artist?

5/5 This blockbuster at Tate Britain pits the two rivals against each other and sheds new light on their reputations

Euronews

This North Sea oil field is being repurposed to store millions of tonnes of CO2 beneath the seabed

When the project begins commercial operations next year, it is expected to become the European Union’s first fully-operational offshore CO2 storage site.

Tom’s Guide

Your wooden spoons are a lot dirtier than you think — clean and re-condition them with these 3 simple steps

Breathe new life into your wooden utensils with this viral cleanign routine.

The Independent UK

Ambitious plan to store CO2 beneath the North Sea set to start operations

INEOS plans to transform the Nini oil field in the North Sea into a carbon storage site

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