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The Latest Breaking News from Oil

I’m a Mechanic: You’ll Want To Avoid These 6 Costly Car Maintenance Mistakes

Avoid costly car repairs with these smart maintenance tips, common mistakes drivers make and exploring how regular service saves thousands in auto repair bills.

GOBankingRates

Shell takes £446m impairment from cancelled Dutch biofuels project

It came as the London-listed oil giant revealed a stronger performance in its oil and gas trading operation.

The Independent UK

Three Lebanese comfort food classics to warm you through autumn

From smoky freekeh and tender mloukhieh to the golden vermicelli rice that anchors every meal, Lebnani chef Jad Youssef shares three recipes from his upcoming debut cookbook that capture the warmth and generosity of Beirut’s home cooking

The Independent UK

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read the most diverse news in one place.

Ukraine-Russia war latest: Zelensky accuses Putin of using oil tankers for spying and sabotage missions

Volodymyr Zelensky claims the tankers are not only used by Russia to earn money, ‘but also for reconnaissance and even sabotage activities’

The Independent UK

Ukraine war briefing: Trump says he would want to know Kyiv’s plans for Tomahawk missiles before supplying them

US president says he has ‘sort of made a decision’ on whether to supply long-range missiles; Denmark to step up checks on oil tankers after drone sightings. What we know on day 1,322

The Guardian - AU

Cotton Slips Back on Monday

Cotton futures closed the Monday session with contracts down 10 to 16 points in the front months. The US dollar index was back up $0.380 on Monday to $97.795, with crude oil extending the recent bounce, up $0.85/barrel. The October 3 online auction from The Seam showed 240 sales at...

Barchart

Soybeans Show Weakness into the Monday Close

Soybeans closed out the Monday session with contracts steady to 2 cents lower. Soymeal futures were back to lower trade at the close, down $1.30 to $2.30. Soy Oil futures were up 21 to 36 points across the board on the day, This morning’s Export Inspections report showed a total...

Barchart

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On Louisiana’s Gulf Coast, Residents Fume as Insurers Hike Rates and Invest in Fossil Fuel Projects

Locals face a perfect storm — they can’t afford insurance and climate change threatens their livelihood.

Capital & Main

Crude Prices Move Higher on a Smaller-Than-Expected OPEC+ Production Hike

November WTI crude oil (CLX25 ) on Monday closed up +0.81 (+1.33%), and November RBOB gasoline (RBX25 ) closed up +0.0411 (+2.21%). Crude oil and gasoline prices moved higher on Monday after OPEC+ agreed to a smaller-than-expected increase in its crude production levels. Also, reduced Russian crude production is supporting...

Barchart

Soybeans Showing Marginally Lower Trade on Monday

Soybeans are posting fractional to penny losses across most contracts on Monday. The cmdtyView national average Cash Bean price was 5 3/4 cents lower on Friday at $9.40. Soymeal futures are 80 to 90 cents higher so far at midday, with Soy Oil futures are up 22 points in the...

Barchart

Cotton Leaking Back Lower on Monday

Cotton futures are posting mostly weaker trade on Monday, with losses of 11 to 15 points, and soon to expire October up 21 points. The US dollar index is back up $0.410 on Monday to $97.825, with crude oil extending the recent bounce, up $0.96/barrel. The October 3 online auction...

Barchart

Crude Prices Push Higher After OPEC+ Agrees to a Modest Production Hike

November WTI crude oil (CLX25 ) today is up +0.80 (+1.31%), and November RBOB gasoline (RBX25 ) is up +0.0400 (+2.15%). Crude oil and gasoline prices are rising today after OPEC+ agreed to a smaller-than-expected increase in its crude production levels. Also, reduced Russian crude production is supporting oil prices...

Barchart

Trump's 'Drill Baby Drill' Drumbeat Bites The Dust In ETF Land

When President Donald Trump began his second term with the battle cry “drill, baby, drill,” he vowed a new era of American energy supremacy, promising cheaper prices, more rigs, and more jobs. But nine months in, the boom is looking more like a bust.

Benzinga

Shocking 'fatberg' weighing 100 tonnes is cleared from west London sewer

The solid mass consisted mainly of wet wipes and weighed the equivalent of eight double-decker buses

Evening Standard

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The Independent UK

Ukraine claims drone strikes on Russian ammo plant, oil terminal and weapons depot

The Ukrainian military claims its long-range drones have hit key Russian targets, including an ammunition plant, an oil terminal, and a weapons depot

Homes & Gardens

11 dirty things I always notice in people's kitchens during hosting season as a pro cleaner – plus, how to quickly get on top of them

You won't need extensive cleaning rituals or pricey products

Kiplinger

Striking Gold (or Gas): A Financial Pro Unpacks the Nuances of Energy Investing

Investing in the energy industry, particularly oil and gas, involves understanding the facts about how projects generate returns through cash flow and long-term asset building, while also being aware of the risks.

Autosport

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

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Euronews

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.

The Independent UK

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

Fortune

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.

The Independent UK

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

International Business Times

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.

Barchart

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.

The Guardian - UK

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

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