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The Latest Breaking News from Oil

Bulgaria moves to prevent shutdown of its only oil refinery ahead of US sanctions

Bulgaria is racing to prevent the shutdown of its only oil refinery before U.S. sanctions on its Russian owner take effect later this month

The Independent UK

Orbán says Trump has agreed to grant Hungary an exemption from sanctions on Russian energy purchases

The Hungarian leader said he has managed to convince US President Donald Trump to grant his country a full exemption from sanctions for the purchase of Russian energy, after detailing to him the dire consequences it would have on the Hungarian people.

Euronews

Jailed UK climate protesters facing conditions reserved for extremists on release

Exclusive: Just Stop Oil activist was banned from attending gatherings, including meeting a friend in a cafe, without permission

The Guardian - UK

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Cotton Head into the Weekend with Losses

Cotton futures posted 60 to 92 point losses across most contracts on Friday, with December down 192 points this week. Crude oil futures were 39 cents/barrel to $59.82 on the day, with the US dollar index $0.165 lower to $99.420. The Thursday online auction from The Seam showed 2,261 bales...

Barchart

Flattery will get you everywhere: Orbán lays it on thick with Trump

The Hungarian PM needed Trump’s help over Russia oil sanctions – so he deployed a tried-and-trusted method

The Guardian - US

Crude Oil Higher on Dollar Weakness and Stronger Chinese Demand

December WTI crude oil (CLZ25 ) on Friday closed up +0.32 (+0.54%), and December RBOB gasoline (RBZ25 ) closed down -0.0253 (-1.29%). Crude oil and gasoline prices settled mixed on Friday. Dollar weakness supported crude prices on Friday, when the dollar index (DXY00) fell to a 1-week low. Also, strength...

Barchart

8 Must-Have Tools If You Want to Work On Your Own Car

When I was working as a mechanic, I racked up quite a bit of debt with SnapOn and Matco tools (if you know, you know). However, after retiring from working in the shops and taking on content development, I’ve realized that I can still work on my car without the thousands…

Clever Dude

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Offshore oil workers must lose weight or face losing their jobs under new safety measures

The OEUK industry body will offer support to those who stand to be affected by the safety measure and says job losses would be the “absolute worst-case scenario”

The Independent UK

Trump-Orbán meeting: US gives Hungary exemption from sanctions on Russian oil and gas

US president also praises Hungarian leader’s hardline stance on immigration during friendly White House summit

The Guardian - US

Cotton Falling Lower on Friday

Cotton futures are trading with Friday midday losses of 69 to 92 points. Crude oil futures are 8 cents/barrel to $59.35 on the day, with the US dollar index $0.270 lower to $99.315. The Thursday online auction from The Seam showed 2,261 bales sold with an average price of 63.81...

Barchart

Lose weight or risk losing your job, chunky oil rig workers told

North Sea oil and gas rig staff need to be under 124.7kg so they can be safely winched on to helicopter in emergency

The Guardian - UK

From Probiotic Cranberry Sauce to an Unconventional Gravy Gadget – Be the Best Guest With These Top Chef-Approved Thanksgiving Gifts

I asked the most creative minds in the business to share the things they always bring to Thanksgiving, and some might surprise you

Homes & Gardens

Crude Oil Gains on Dollar Weakness and Strength in Chinese Oil Demand

December WTI crude oil (CLZ25 ) today is up +0.30 (+0.50%), and December RBOB gasoline (RBZ25 ) is down -0.0150 (-0.76%). Crude oil and gasoline prices are mixed today, with crude falling to a 2-week low. Today's weaker dollar (DXY00 ) is supportive for energy prices as the dollar index...

Barchart

Orban seeks Trump’s support over reliance on Russian energy amid US sanctions

Hungarian Prime Minister Viktor Orban is set to visit the White House on Friday, where he will meet US President Donald Trump for a high-stakes discussion centred on Hungary’s reliance on Russian energy and the effect of new US sanctions targeting Russian oil.

Radio France Internationale

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Barchart

Cotton Weakness Pushing to Friday Morning

Cotton price action is down 25 to 41 points so far on Friday morning. Futures were down 62 to 75 points in the front months on Thursday. Crude oil futures were down 7 cents/barrel to $59.53 on the day, with the US dollar index down $0.499 to $99.560. The Wednesday...

The Guardian - US

How thousands of fossil fuel lobbyists got access to UN climate talks – and then kept drilling

Exclusive: Research shows oil, gas and coal firms’ unprecedented access to Cop26-29, blocking urgent climate action

The Independent UK

Viktor Orban to visit White House to broker new Trump-Putin summit and seek permission to buy Russian oil

The Hungarian PM is a key ally of Moscow and has stymied European support for Kyiv

Euronews

Swiss firm Gunvor drops plan to buy Lukoil assets after US resistance

“As long as Putin continues the senseless killings, the Kremlin’s puppet, Gunvor, will never get a licence to operate and profit,” said the US Treasury in an X post on Thursday.

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The Independent UK

Trading firm Gunvor, accused by US of being 'Kremlin's puppet,’ drops plan to buy Lukoil assets

Gunvor, a major international commodities trader, has rejected U_S_ government claims that it acts as "the Kremlin's puppet."

Caixin Global

Energy Insider: China Achieves Breakthrough With Thorium Molten Salt Reactor

China–ASEAN power trade tops 75 billion kWh, PetroChina-led project in Iraq boosts oil processing capacity

Euronews

Trump-Orbán: Russian oil imports and war in Ukraine on the table in 'high-stakes' Washington visit

The two leaders are politically aligned, but Washington has criticised Hungary for importing Russian energy even as the rest of Europe unplugs from Moscow. Visit could see Hungary could strike an LNG deal with Trump.

The Guardian - US

Orbán to visit US to try to broker another Putin summit but questions raised over motives

Hungarian PM also seeking exemption on US sanctions on Russian oil as he faces domestic challenge before elections

Barchart

Cotton Heads Lower into Thursday’s Close

Cotton futures were down 62 to 75 points in the front months on Thursday. Crude oil futures were down 7 cents/barrel to $59.53 on the day, with the US dollar index down $0.499 to $99.560. The Wednesday online auction from The Seam showed 2,463 bales sold with an average price...

Grocery Coupon Guide

The Hidden Ingredient in Some Store Brands That Means You’re Paying More for Less

Shoppers are switching to store brands in record numbers to save money. However, in some cases, a “cheaper” private-label product is not the value it appears to be. Manufacturers will sometimes use hidden, low-cost fillers in their store-brand products. This allows them to dilute the main, expensive ingredient. This means…

Barchart

Crude Oil Prices Slip as Saudi Aramco Cuts Prices

December WTI crude oil (CLZ25 ) on Thursday closed down -0.17 (-0.29%), and December RBOB gasoline (RBZ25 ) closed up +0.0563 (+2.95%). Crude oil and gasoline prices settled mixed on Thursday, with crude falling to a 2-week low. Demand concerns are weighing on oil prices after Saudi Arabia on Thursday...

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