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The Latest Breaking News from Oil

Energy Stock Halliburton Rides Oil Wave Toward Buy Point

This oil services stock is nearing a 52-week high as crude oil prices also near their highest point in a year.

Investors Business Daily

Just Stop Oil protesters found guilty of aggravated trespass over Lord’s stunt

England player Jonny Bairstow carried Daniel Knorr off the pitch.

The Independent UK

Crude Prices Fall Back on Weaker-Than-Expected U.S. Economic News

November WTI crude oil (CLX23 ) this morning is down -0.60 (-0.64%), and Nov RBOB gasoline (RBX23 ) is down -0.307 (-1.20%). Nov WTI crude oil and gasoline prices this morning are moderately lower, with crude prices falling back from a 13-month high. Weaker-than-expected U.S. economic news today sparked energy...

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Europe’s olive oil supply running out after drought – and the odd hailstorm

Heatwaves around Mediterranean have damaged harvests and forced producers to import from South America

The Guardian - UK

Chart of the Day: Imperial Oil - Oil is Still King

The Chart of the Day belongs to the oil & gas company Imperial Oil (IMO) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used...

Barchart

The 2 immovable forces behind $100-per-barrel oil

Oil prices are expected to near that threshold into next summer.

Fortune

Meta jumps on AI bandwagon with new chatbots for Instagram, WhatsApp and Facebook

Meta CEO Mark Zuckerberg announced the launch of new AI-powered assistants on its various platforms on Wednesday, in a bid to keep up in the race to produce more accurate and personalised artificial intelligence. The chatbots will be able to answer users' questions thanks to a partnership with Microsoft's Bing.…

France 24

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FTSE 100 Live: Miners rise, Barratt and Ocado fall, index ends day up, oil price dips back below $95

Blue-chip shares rebounded from an early fall today as oil prices eased, having approached $100 a barrel early this morning.

Evening Standard

How to get rid of mosquitoes inside the house naturally – 7 non-toxic essentials to protect your home from the risk of disease

Banish these pesky biters using non-toxic natural solutions for a more comfortable summer

Homes & Gardens

Oil prices jump again leading to energy cost fears

OIL prices jumped to near year highs today, prompting talk that inflation could return and already hard-pressed motorists could be squeezed yet further.

Evening Standard

Food prices are rising as countries limit exports. Blame climate change, El Nino and Russia's war

Restrictions on food exports are spilling over from rice and wheat to other essentials

The Independent UK

‘Playing the China card’ or a serious regional threat? Timor-Leste’s new deal with Beijing

The upgrading of ties with Beijing caught regional leaders by surprise, but experts say it could be a strategy to secure investment from Australia

The Guardian - AU

ExxonMobil loses bid to truck millions of gallons of crude oil through central California

ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years

The Independent UK

The Reserve Bank shouldn’t be spooked by Australia’s imported inflation

If you look at what’s increased most in price over the past year, such as petrol, there is little that higher interest rates would change

The Guardian - AU

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Zenger

Guyana’s Economy Set To Double In Size, Driven By Booming Oil Industry

Fastest-growing nation poised for explosive growth as oil production surges and non-oil sectors see investments

Fortune

The economist who’s been predicting a recession for 18 months says the ‘litmus test’ is finally here, especially with oil headed toward $100 a barrel

David Rosenberg said the current situation with the economy is like trying to cancel winter just because it didn’t snow in December. “It hasn’t materialized, dot dot dot, yet.”

Barchart

Don't Miss This Top-Rated Oil Stock Under $10

This Canadian energy stock has a smart hedging strategy to manage commodity volatility - and could be looking at a serious gusher in free cash flow next year if oil prices stay elevated. Here's what you need to know about this low-priced oil stock.

France 24

Britain approves controversial Rosebank oil field

Britain has given the go-ahead to the development of Rosebank in the North Sea. Located 130 kilometres northwest of the Shetland Islands, it's the largest untapped oil field in the UK and is estimated to contain up to 300 million barrels of crude. The government argues Rosebank will help bolster…

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Investors Business Daily

Dow Jones Futures Rise Even As Software Giant Warns; Tesla Falls On This Analyst Warning

A market rally attempt is underway, barely, but don't get excited. Tesla fell as Deutsche Bank sees trouble beyond Q3 deliveries.

Investors Business Daily

Dow Jones Leaps From Lows As Shutdown Threat Looms; Micron Reports

The Dow Jones reversed from lows in late trading as a government shutdown threat looms. Chip leader Micron reported at market close

Barchart

Crude Prices Rally Sharply as U.S. Inventories Tighten

November WTI crude oil (CLX23 ) on Wednesday closed up +3.29 (+3.64%), and Nov RBOB gasoline (RBX23 ) closed up +3.354 (+1.33%). Nov WTI crude oil and gasoline prices Wednesday rallied sharply, with crude climbing to a 13-month high. Crude prices continue to push higher on concern that global oil...

The Guardian - UK

The Guardian view on the Rosebank oilfield: a symbol of Sunak’s cynicism

Editorial: The PM continues to play politics with the climate emergency. The dismal consequences will long outlast his time in office

The Independent UK

Rosebank ‘trashes’ UK’s global reputation, says Lord Goldsmith

The Conservative peer is becoming increasingly irate with the Government’s stance on climate issues.

Evening Standard

OPINION - Controversy over Rosebank oil & gas field: The Leader podcast

A huge UK oil and gas field, Rosebank, has just been given the green light for development and production.

The Conversation

Net zero goal still alive, says IEA – but the world faces major obstacles to reach it

This roundup of stories is adapted from our weekly climate action newsletter, Imagine, written by environment editor Jack Marley. Click here to subscribe.

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