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The Latest Breaking News from Oil

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...

Woman & Home

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...

Barchart

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….

StockNews.com

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Experts were right about olive oil

Olive oil trees are now “exceedingly” vulnerable to the climate crisis, many analysts warned

Salon

Grain Market Update: Will Corn, Wheat, and Soybean Prices Continue to Rally?

I spoke about the grain market with Michelle Rook today on AgWeb's Markets Now. We also discussed the U.S. dollar and crude oil.

Barchart

Crude Prices Slip as Geopolitical Tensions Ease

June WTI crude oil (CLM24 ) this morning is down -0.40 (-0.51%), and June RBOB gasoline (RBM24 ) is down -3.06 (-1.18%). Crude oil and gasoline prices this morning are moderately lower and dropped to 1-1/2 month lows. Improved prospects for a cease-fire in the Israeli-Hamas war have curbed geopolitical...

Barchart

Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Shell CEO: No Plans For New York Relisting At Present

Shell, a major oil company, is not considering relisting in New York at present. The focus is on sustainability and long-term growth amidst strategic evalu...

Top News

Oil Prices Stabilize, Set For Weekly Decline Amid U.S. Economic Concerns

Oil prices stabilize amid U.S. economic concerns and geopolitical uncertainties, with market participants bracing for potential shifts.

Top News

FTC Alleges Oil CEO Colluded With OPEC To Inflate Prices

FTC alleges former oil CEO colluded with OPEC to inflate prices, raising concerns about anticompetitive behavior and consumer impact.

Top News

3 Energy Dividend Stocks to Invest in Oil's 'Higher for Longer' Scenario

Discover how Schlumberger, Baker Hughes, and Halliburton are leveraging their robust financial health and strategic initiatives to thrive in a market where oil prices are expected to remain elevated, in our latest deep dive into the energy sector's top performers.

Barchart

Crude Prices Close Slightly Lower on Hopes for Reduced Middle East Tensions

June WTI crude oil (CLM24 ) on Thursday closed down -0.05 (-0.06%), and June RBOB gasoline (RBM24) closed +1.91 (+0.74%). Crude oil and gasoline prices settled mixed on Thursday, with crude posting a new 1-1/2 month low. Crude prices are under pressure due to the potential for a cease-fire between...

Barchart

Sunak to allow oil and gas exploration at sites intended for offshore wind

Exclusive: decision to grant licences condemned by critics as a stunt that shows Tories are ‘playing politics with climate’

The Guardian - UK

3 Buy-Rated Energy Stocks to Buy in May

Limited oil supply aggravated by geopolitical tensions and solid energy consumption could push oil prices higher, creating significant tailwinds for the energy sector. Thus, energy stocks Energy Transfer (ET), Koninklijke Vopak (VOPKY), and Forum Energy (FET) could be ideal buys in May. These stocks are rated B (Buy) in our…

StockNews.com

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Autosport

What is an F1 pay driver? All to know about the controversial tag

Motorsport is one of the most expensive industries in the world as Red Bull paid a staggering $7,445,817 to enter the 2024 F1 season. But costs are also high at a national level with teams paying up to £29,000 for a space on the British GT grid. So it is…

Barchart

Crude Prices Under Pressure on Reduced Geopolitical Risks and a US Inventory Glut

June WTI crude oil (CLM24 ) this morning is down -0.49 (-0.62%), and June RBOB gasoline (RBM24 ) is down -0.63 (-0.24%). Crude oil and gasoline prices today extended Wednesday's loss and posted new 1-1/2 month lows. Crude prices are under pressure due to the potential for a cease-fire between...

StockNews.com

4 Energy Stocks With Buy Ratings Worth Your Attention

The energy sector is positioned for substantial growth because of increasing global energy demands, geopolitical tensions, and recovering global economies. Therefore, investors could consider buying fundamentally strong energy stocks: Baker Hughes (BKR), Plains All American Pipeline (PAA), Euronav (EURN), and MRC Global (MRC), all of which are Buy-rated in our…

Top News

OPEC+ Considers Extending Oil Cuts, Talks Pending: Sources

OPEC+ considering extending oil production cuts to stabilize market amid pandemic challenges.

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International Business Times

Shell Logs 'Strong' Quarter As Earnings Fall But Top Expectations

British oil and gas giant Shell announced Thursday that first-quarter earnings fell but beat expectations in a "strong" performance, and unveiled another bumper stock buyback.

Evening Standard

Shell profits come in at £46,000 a minute as oil giant beats City forecasts

Energy multi-national faces wave of anger from campaign groups but defends its low-carbon spending plans

The Guardian - UK

Shell reveals $3.5bn share buyback as it faces AGM showdown over emissions

Group of major shareholders plans to table resolution, accusing company of watering down climate pledge

The Guardian - UK

Methane emissions from gas flaring being hidden from satellite monitors

Use of enclosed combustors leaves regulators heavily reliant on oil and gas companies’ own flaring data

Top News

Marathon Oil Beats Q1 Profit Estimates On Higher Prices

Marathon Oil beats profit estimates in Q1 with higher market prices, showcasing resilience and strategic decision-making in the recovering oil and gas sector.

Top News

Oil Prices Rise As US Plans To Replenish Strategic Reserve

US considering replenishing strategic oil reserves boosts market optimism and stability.

Barchart

Crude Finishes Sharply Lower on Gaza Cease-Fire Prospects and Robust EIA Inventories

June WTI crude oil (CLM24 ) on Wednesday closed down -2.93 (-3.58%), and June RBOB gasoline (RBM24 ) closed down -11.38 (-4.23%). Crude and gasoline prices Wednesday tumbled to 1-1/2 month lows and closed sharply lower. Crude prices are under pressure due to the potential for a cease-fire between Israel...

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