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The Latest Breaking News from Oil

Ed Miliband looking into more North Sea drilling despite Labour pledge

Exclusive: Energy secretary examining ways to allow oil and gas exploration without breaking manifesto promise

The Guardian - UK

Rachel Roddy’s recipes for store-cupboard spaghetti

Two speedy spaghetti-based favourites: with a quick tomato, garlic and chilli sauce, and with tinned fish, capers, chilli and lemon

The Guardian - UK

Hungary seeks to dodge Trump pressure to cut Russia oil imports

Hungary said that alternative routes wouldn't suffice to replace Russian pipeline oil, after Donald Trump warned he would call Viktor Orbán to tell him to stop buying Russian oil. Experts say Hungary could use EU funds for the decoupling.

Euronews

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read the most diverse news in one place.

Cotton Falls Back on Wednesday

Cotton futures posted losses on Wednesday, with contracts falling 45 to 50 points in the front months. The outside markets were mixed, as the US dollar index was back up $0.617 on the day to $97.510 with crude oil futures $1.40 higher. Tuesday’s online auction from The Seam showed 910...

Barchart

Soybeans Slip Lower into the Wednesday Close

Soybeans closed out Wednesday with losses of 1 to 3 ¼ cents across the board, pulling off the early session gains. The cmdtyView national average Cash Bean price was 2 cents lower at $9.33 3/4. Soymeal futures were down $1 to $3.40 on the day, with Soy Oil futures closing...

Barchart

Indigenous groups criticize Ecuador’s $47 billion oil expansion plan in Amazon

Ecuador’s plans to offer dozens of blocks of land for oil exploration for more than $47 billion has prompted opposition from seven Indigenous peoples in the Amazon

The Independent UK

What oil CEOs really think about Trump’s management of the oil sector: ‘Those who can are running for the exits’

"The uncertainty from the administration’s policies has put a damper on all investment in the oilpatch," one exec wrote in the quarterly Dallas Fed survey.

Fortune

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Crude Oil Prices Rally on Russian Tensions and Tighter EIA Inventories

November WTI crude oil (CLX25 ) on Wednesday closed up +1.58 (+2.49%), and November RBOB gasoline (RBX25 ) closed up +0.0224 (+1.15%). Crude oil and gasoline prices rallied sharply on Wednesday for the second day, with crude posting a 3-week high. Concerns about Russian crude supplies boosted oil prices after...

Barchart

Goodbye petrostates, hello ‘electrostates’: how the clean energy shift is reshaping the world order

For more than a century, global geopolitics has revolved around oil and gas. Countries with big fossil fuel reserves, such as Saudi Arabia and Russia, have amassed significant wealth and foreign influence, helping shape the world order.

The Conversation

Nasdaq Down Over 100 Points; US Crude Oil Stocks Fall

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 100 points on Wednesday.

Benzinga

Wall Street Slips, Energy Stocks Surge On Oil Gains: What's Moving Markets Wednesday?

Wall Street traded lower on Wednesday, extending the previous day's risk-off mood sparked by Federal Reserve Chair Jerome Powell's remarks.

Benzinga

Trump’s UN speech: what he said about London, oil and the UK’s green policies

From claims about sharia law to warnings on renewable energy, US president’s address was highly critical of Britain. But do his arguments stand up?

The Guardian - UK

Cotton Posting Losses Wednesday

Cotton futures are trading with 30 to 58 point gains on the Wednesday session. Today is first notice day for October. The outside markets are mixed, as the US dollar index is back up $0.627 on the day to $97.520 with crude oil futures $1.39 higher. Tuesday’s online auction from...

Barchart

Soybeans Slipping Lower After Early Back and Forth Trade

Soybeans are posting 2 to 3 cent losses across most contracts on Wednesday. The cmdtyView national average Cash Bean price is 2 ½ cents higher at $9.33 1/4. Soymeal futures are down 80 cents to $2.70, with Soy Oil futures 2 to 4 points higher. A private export sale of...

Barchart

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Evening Standard

Just Stop Oil protesters who poured latex over Tesla robot in west London store found guilty

Nigel Fleming, 64, and Catherine Nash, 75, were found guilty of criminal damage

Evening Standard

Copper and oil gains aid FTSE 100 after lacklustre opening

The FTSE 100 index closed up 27.11 points.

The Guardian - UK

‘Most destructive arms race in human history’: Zelenskyy appeals at UN for intervention to stop Russia

Ukrainian president tells world leaders that combination of drone technology and AI would end in catastrophe

Barchart

Crude Rallies on Russian Tensions and Tighter EIA Inventories

November WTI crude oil (CLX25 ) today is up +1.19 (+1.88%), and November RBOB gasoline (RBX25 ) is up +0.0186 (+0.96%). Crude oil and gasoline prices are climbing for the second day today, with crude posting a 3-week high. Concerns about Russian crude supplies are lifting prices today after President...

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news in one place.

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Latin Times

Trump Admin Restricts Chevron to 50% of Venezuelan Oil Output in Bid to Increase Pressure on Maduro: Report

Senior U.S. officials have said the changes are intended to ensure Maduro's government does not profit from oil sales

Barchart

As Oil Prices Fall, Make This 1 Key Commodity Trade ASAP

December Canada dollar futures present a selling opportunity on more price weakness.

Barchart

Cotton Slipping Back on Wednesday

Cotton prices are down 20 to 30 points on Wednesday morning. Futures posted gains of 21 to 42 points on Tuesday. Wednesday is first notice day for October. The outside markets were supportive, with the US dollar index down $0.135 on the day to $96.840 and crude oil futures $1.38...

Euronews

EU will propose tariffs on Russian oil amid growing pressure from Trump

Putting tariffs on Russian oil will make it increasingly expensive for Hungary and Slovakia to maintain their energy ties with Moscow.

Barchart

APA Corporation Stock: Is APA Underperforming the Energy Sector?

While APA has underperformed the energy sector over the past year, it has significantly outperformed in recent months, yet analysts remain cautious about the stock’s prospects.

Marie Claire

It’s Silk Press Season: How to Keep Yours Smooth This Autumn

Sweat-proof tricks to keep silk press flawless

The Guardian - UK

Geology could crush hopes of extracting all North Sea’s oil and gas

The remaining fields tend to be smaller, more remote and more technically challenging to drill into

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