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The Latest Breaking News from Oil

US Official: Iran's Oil Movement Reliant On Malaysian Providers

US official highlights Malaysia's crucial role in Iran's oil transportation amidst escalating US-Iran tensions and sanctions.

Top News

Why is my air fryer smoking and how do I get it to stop? We asked the experts

Is your air fryer smoking? Don't worry, we can help. Get the answers you need to stop it, with the help of our experts

Ideal Home

U.S. oil and gas production is booming. So are the industry’s donations to its GOP allies

The biggest recipient of campaign donations from the industry isn’t Donald Trump or President Joe Biden, it’s a Texas House member who represents part of the Permian Basin.

The Texas Tribune

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BP plans cost cutting alongside multi-billion payday for investors as profits miss forecasts

New CEO at FTSE 100 oil multinational points to $2 billion in ‘cash cost savings’

Evening Standard

BP to cut $2bn in costs as profits miss forecasts

Oil company to maintain pace of share buybacks despite impact of falling gas prices

The Guardian - UK

Saudi Aramco Says Q1 Profit Down 14.5 Percent

Oil giant Saudi Aramco said Tuesday its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place.

International Business Times

LockBit ransomware group’s leader unmasked and hit with sanctions; UK house prices inch higher– business live

Leader of major cybercrime group has been unmasked and sanctioned by the UK, US and Australia, authorities say

The Guardian - UK

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Extra virgin olive oil prices tipped to top £16 a litre next month

Price rise for mass-market types expected as global production falls to lowest level in more than 10 years

The Guardian - UK

Oil Prices Rise As Israel Strikes Gaza Amid Truce Talks

Geopolitical tensions in Israel and Gaza drive fluctuations in global oil prices, impacting economies worldwide.

Top News

Crude Settles Higher After Saudi Arabia Hikes Oil Prices

June WTI crude oil (CLM24 ) on Monday closed up +0.37 (+0.47%), and June RBOB gasoline (RBM24 ) closed up +3.31 (+1.30%). Crude oil and gasoline prices on Monday settled moderately higher. Sunday's action by Saudi Arabia to raise crude prices for delivery next month for Asian customers signals confidence...

Barchart

Are air fresheners toxic? Handy home fragrance safety tips from medical experts, plus safe products to try instead

You may be wondering if are air fresheners toxic if you have pets or little ones running around. Our experts delve into what you need to know before buying

Real Homes

Best Cheap Stocks (Under $10) to Buy Now

When seeking out the best cheap stocks to buy under $10, investors should focus on quality and liquidity. Here are five we like.

Kiplinger

Crude Climbs After Saudi Arabia Hikes Oil Prices

June WTI crude oil (CLM24) this morning is up +0.52 (+0.67%), and June RBOB gasoline (RBM24) is up +2.38 (+0.93%). Crude oil and gasoline prices this morning are moderately higher. Sunday's action by Saudi Arabia to raise crude prices for delivery next month for Asian customers signals confidence in global...

Barchart

3 Oil & Gas Stocks Poised for May Breakouts

The oil and gas industry looks poised for solid growth this year, as oil prices are expected to be driven by escalating geopolitical tensions, expectations of tightened supplies, and growing global demand. Given this backdrop, investors could consider buying quality oil and gas stocks such as Cheniere Energy Partners (CQP),…

StockNews.com

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Top News

Ecopetrol Explores Offshore Wind Auction Participation In Colombia

Ecopetrol, Colombia's state oil company, explores offshore wind energy to support sustainability goals.

Top News

Oil Prices Rise Following Saudi Arabia's Price Increase

Saudi Arabia's decision to raise oil prices influences global market dynamics and consumer costs.

Top News

Senate Hearing Raises Concerns Over Big Oil's Climate Impact

Senate Budget Committee discusses potential legal action against 'Big Oil' for climate change deception, drawing parallels to past tobacco litigation.

The Guardian - UK

Joe Trivelli’s recipes for gnocchi with asparagus, sorrel soup, hake and radishes, and baked apricots

Vivid colours and powerful fresh flavours to welcome the brighter days of early May

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news in one place.

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Woman & Home

Can you use retinol for acne? The experts weigh in

Can retinol treat acne? Experts share how the anti-ageing and exfoliating hero works with clogged pores and blemishes...

Radio France Internationale

French prosecutors probe TotalEnergies over deadly Mozambique attack

French prosecutors said on Saturday they were investigating TotalEnergies for possible involuntary manslaughter in connection with a 2021 jihadist attack in Mozambique that left more than 1,000 people killed or missing. Survivors have accused the French energy giant of failing to protect its subcontractors.

International Business Times

France Probes TotalEnergies Over 2021 Mozambique Attack

French prosecutors said Saturday they were investigating oil giant TotalEnergies for possible involuntary manslaughter in connection with a 2021 jihadist attack in Mozambique that killed hundreds.

Guitar World

“Guys would come up and tell me, ‘I can play such-and-such a Tower of Power song note-for-note.’ But who cares?” The magic of Rocco Prestia’s bassline on Tower of Power’s Only So Much Oil in the Ground

How to play Rocco Prestia’s classic Tower of Power bassline

Woman & Home

Why cuticle oil is the essential nailcare step you should never skip, according to pros

We've quizzed the nail pros about why you should use cuticle, for a healthy and polished manicure look...

Barchart

Easing Geopolitical Risks in the Middle East Weigh on Crude

June WTI crude oil (CLM24 ) on Friday closed down -0.84 (-1.06%), and June RBOB gasoline (RBM24 ) closed down -4.14 (-1.59%). Crude oil and gasoline prices Friday were under pressure the entire day and posted 1-1/2 month lows. Improved prospects for a cease-fire in the Israeli-Hamas war have curbed...

StockNews.com

May 2024 Energy Stocks Watchlist

Despite concerns over demand and interest rates and the volatile geopolitical landscape impacting oil prices, OPEC projects a surge in fuel consumption for the summer season. Therefore, investors could consider adding fundamentally strong energy stocks Petróleo Brasileiro (PBR), APA Corp. (APA), and Forum Energy (FET) to their watchlists. Keep reading….

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