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The Latest Breaking News from Oil

Middle East conflict risks sharp rise in oil prices, says IMF

In the UK, anxiety over the crisis after Iran’s missile strike on Israel drives down UK shares

The Guardian - UK

Fine dining's food waste crisis

Eighty-five percent of seafood consumed in the United States comes from international waters

Salon

Where are Energy Prices Heading in Q2?

The composite of traditional energy prices rose 5.12% in Q1 after falling 21.85% in 2023. Crude oil and gasoline posted double-digit percentage gains, while natural gas fell nearly 30%. In early Q2, prices were mostly higher.

Barchart

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Crude Prices Firm on Israel-Iran Tensions

May WTI crude oil (CLK24 ) this morning is up +0.12 (+0.14%), and May RBOB gasoline (RBK24 ) is up +1.82 (+0.65%). Crude and gasoline prices this morning are moderately higher. Crude prices have support on Middle Eastern geopolitical risks as the markets await any response from Israel to Iran's...

Barchart

Rainforest Nations Seek Fair Compensation For Carbon-Neutral Efforts

Learn how rainforest nations like Suriname, Guyana, and the DRC are crucial in climate change mitigation through forest preservation and potential carbon o...

Top News

Bethesda's official SPECIAL scores for the Fallout show characters has me asking serious questions about the rizz of Walton Ghoulggins

That's one charming rotten killer.

PC Gamer

The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF's "relatively good" outlook for the world economy, its chief economist told AFP. "We are projecting a global economy that is quite resilient for 2024," Pierre-Olivier Gourinchas said in an interview ahead of…

International Business Times

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2024 NFL Draft: Updated Steelers pre-draft visit tracker

Here is our updated list of all the prospects for the 2024 NFL draft the Pittsburgh Steelers have brought in for a pre-draft visit including those local prospects who don't count toward the top 30.

USA Today Sports Media Group

Biden has to decide soon whether to sanction Venezuela. Here's what to know

Venezuelan President Nicolás Maduro's government faces a deadline this week — to commit to holding free and fair elections or face renewed U.S. oil sanctions.

WEKU

Global Markets React To Strong U.S. Retail Sales Report

Global stock markets faced downturn due to high US consumer spending, impacting interest rates and bond yields.

Top News

‘Water is more valuable than oil’: the corporation cashing in on America’s drought

In an unprecedented deal, a private company purchased land in a tiny Arizona town – and sold its water rights to a suburb 200 miles away

The Guardian - US

Further escalation of tension between Iran and Israel may push up oil prices, says External Affairs Minister S. Jaishankar

There is pressure from the rest of the world, including the US, on Israel to desist from escalating matters with Iran. At the same time, there was pressure from within Israel to respond to the attack by Iran, he pointed out, while referring to reports in Israeli media.

The Hindu

Oil Stabilizes On China Growth Amid Middle East Tensions

Global oil prices stabilize amidst China's economic growth and Middle East tensions, influenced by various factors.

Top News

US Links Easing Venezuela Oil Sanctions To Election Progress

US links easing Venezuela oil sanctions to electoral progress, impacting US-Venezuela relations and regional stability.

Top News

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Top News

Biden Unlikely To Cut Iran's Oil Lifeline After Israel Attack

Recent events in the Middle East raise concerns about Iran's oil exports, but Biden is unlikely to cut off Iran's oil lifeline due to a focus on diplomacy.

Evening Standard

Just Stop Oil protester who scaled M25 gantry sparking Heathrow disruption says she'd do it again

Nearly 4,000 British Airways customers were affected by the protest

France 24

'Give us what we need and we will do the rest': Ukraine wants more from Western allies

IN THE PRESS – Tuesday, April 16: Ukrainian President Volodymyr Zelensky has called on his country's Western allies to do more, asking why Ukraine can't be defended in the same way Israel was in the face of Iranian missile strikes. Also, tensions between Kyiv and Washington deepen as Ukraine continues…

International Business Times

Equities Sink, Oil Rallies On Fears Of Iran-Israel Conflict

Asian stocks fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after Israel's army chief vowed a response to Iran's unprecedented attack on his country at the weekend.

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Iran's Attack On Israel Raises Oil Price Volatility

Iran's attack on Israel raises concerns over global oil supply disruptions and market stability.

Barchart

Crude Closes Slightly Lower on Hopes of Descalation in the Iran-Israel Conflict

May WTI crude oil (CLK24 ) on Monday closed down -0.25 (-0.29%), and May RBOB gasoline (RBK24 ) closed down -1.90 (-0.68%). Crude and gasoline prices on Monday posted moderate losses, with crude prices falling to a 1-1/2 week low. Crude oil prices are lower on hopes that the Iran-Israeli...

Barchart

Crude Prices Retreat on Hopes of Descalation in the Iran-Israel Conflict

May WTI crude oil (CLK24 ) this morning is down -0.90 (-1.05%), and May RBOB gasoline (RBK24 ) is down -3.64 (-1.30%). Crude and gasoline prices this morning are on the defensive, with crude prices falling to a 1-1/2 week low. Crude oil prices are lower on hopes that the...

The Guardian - UK

What next for oil prices after Iran’s attack on Israel?

Prices have fallen but an escalation could spark a rise, with knock-on effects in a big election year

Evening Standard

Oil market steady amid new Middle East fears

The oil price was little changed today on relief that the vast majority of the projectiles were shot down before reaching their targets

Barchart

5 Oil Stocks to Add to Your Portfolio as Traders Eye Iran-Israel Tensions

As new flashpoints emerge between Iran and Israel, here are 5 oil stocks poised for potential upside.

Al Jazeera

Bombs and viruses: The shadowy history of Israel’s attacks on Iranian soil

From cyberattacks and assassinations to drone strikes, Israel-linked plots have targeted Iran for years.

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