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The Latest Breaking News from Oil

Rishi Sunak claims North Sea oil cleaner than imports exposed as 'false'

RISHI Sunak’s claims home-grown oil and gas is better for the environment have been exposed as 'false'.

The National (Scotland)

Ecuador's presidential election moves toward a runoff vote in October

No candidate in Sunday's special presidential election received enough support to be declared winner. The vote took place amid thousands of police officers and soldiers deployed across the country.

WEKU

Joe Trivelli’s recipes for new potato salad, aubergine polpetti, polenta, and apricots with ‘raw’ cream

A late summer feast with rich flavours of Kent and Italy

The Guardian - UK

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

Vegetable prices likely to cool down next month, says Finance Ministry

Govt expects veg prices to cool off; crude oil prices a concern; no excise duty cut; capital expenditure to reach 50% by Sept; govt taking steps to control inflation; flexible trade policy adopted to keep prices down; interventions to cool tomato prices; retail inflation at 7.44% in July.

The Hindu

Ecuador votes in presidential poll after a campaign marked by candidate’s murder

Ecuadorians put aside fears of leaving their homes amid unprecedented violence and voted for a new president Sunday in a special election that was heavily guarded by police and soldiers in part due to the assassination of a presidential candidate this month.

France 24

Ecuadorians choosing a new president amid increasing violence that may scare away voters

More than 100,000 police and soldiers have taken up positions to protect people voting for Ecuador’s next president

The Independent UK

Tanker believed to hold sanctioned Iran oil begins to be offloaded near Texas despite Tehran threats

An American-owned oil tanker long suspected of carrying sanctioned Iranian crude oil has begun offloading its cargo near Texas

The Independent UK

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The ‘dark fleet’ of tankers shipping Russian oil in the shadows

As sanctions loomed, sales of ageing crude carriers suddenly soared, bought by operators unknown to the market

The Guardian - UK

Will Gasoline’s Price Fall Going into the Off-Season?

While the number of electric vehicles on the road continues to rise, gasoline remains the fuel powering most vehicles. Gasoline is a seasonal energy commodity that tends to increase during spring and summer, the peak driving season, and fall during fall and winter. At the end of the 2023 summer,…

Barchart

Ecuador prepares for ‘once-in-a-lifetime’ vote to stop oil drilling

Referendum alongside presidential election will decide whether to halt extraction in Amazon national park

The Guardian - UK

Appeals court strikes down Utah oil railroad approval, siding with environmentalists

A U.S. Appeals Court has struck down a critical approval for a railroad project that would have allowed oil businesses in eastern Utah to significantly expand fossil fuel production and exports

The Independent UK

Crude Gains on Dollar Weakness and a Fall in Active U.S. Oil Rigs

September WTI crude oil (CLU23 ) on Friday closed up +0.86 (+1.07%), and Sep RBOB gasoline (RBU23 ) closed up +0.15 (+0.05%). Crude oil and gasoline prices on Friday settled moderately higher. A weaker dollar Friday was supportive of energy prices. Also, concerns about tight global supplies are bullish for...

Barchart

Diamond Offshore, IBD Stock Of The Day, Drills New Buy Point With Oil Prices Rising

Diamond Offshore, Friday's Stock Of The Day, triggered a buy point. Rising oil prices are fueling the contract oil driller's earnings and stock.

Investors Business Daily

Crude Slightly Higher on Dollar Weakness

September WTI crude oil (CLU23 ) this morning is up +0.28 (+0.35%), and Sep RBOB gasoline (RBU23 ) is up +0.06 (+0.02%). Crude oil and gasoline prices this morning are slightly higher. A weaker dollar today is supportive for energy prices. Also, concerns about tight global supplies is bullish for...

Barchart

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Motorsport

Davenport wins SRX season finale; Newman claims series title

Davenport, a three-time Lucas Oil Dirt Late Model champion, dominated the main event in Thursday night’s Superstar Racing Experience (SRX) event at Lucas Oil Speedway in Wheatland, Mo., but had to hold off repeated challenges for the lead from Clint Bowyer.

The Conversation

70 years ago, an Anglo-US coup condemned Iran to decades of oppression – but now the people are fighting back

The 1953 coup d'etat in Iran ushered in a period of exploitation and oppression that has continued – despite a subsequent revolution that led to huge changes – for 70 years. Each year on August 19, the anniversary of the coup, millions of Iranians ask themselves what would have happened…

The National (Scotland)

GERS shows 'stark evidence of UK mismanagement of Scottish economy', says report

THE latest GERS figures provide “stark evidence” of the consequences of the UK Government’s mismanagement of the Scottish

The Independent UK

Iran's foreign minister visits Saudi Arabia's powerful crown prince as tensions between rivals ease

Iran’s foreign minister has met with Saudi Arabian Crown Prince Mohammed bin Salman as part of his visit to the kingdom, a sign of how the two countries are trying to ease tensions after years of turmoil

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The Guardian - UK

The microwave lemon trick – and 10 other household hacks that actually work

Clean pans, blitz stains, make your own fertiliser … experts share their best domestic shortcuts

The Guardian - UK

Ben Tish’s recipe for slow-cooked courgettes with borlotti beans, mint, dill and preserved lemon

This ‘oversized bruschetta’ from the Cubitt House chef director is packed with bright, herby flavours

The Guardian - UK

Just stop oil? In Ecuador we have the opportunity to do just that

My country could be the first to vote against fossil fuel extraction through direct democracy, says the co-founder of Ceibo Alliance, Nemonte Nenquimo

The Conversation

Nearly two-thirds of the top fossil fuel producers in Australia and the world aren’t on track for 1.5℃ climate target

Rapid reductions in fossil fuel production and use are essential to limit global warming to 1.5℃ compared to pre-industrial levels. Our new research shows most of the world’s major coal, oil and gas companies are yet to make meaningful reductions.

Barchart

Somebody Really Must Like Suncor Given Its Unusual Options Activity

A multi-leg trade on Wednesday for Suncor calls suggests somebody thinks oil prices might continue moving higher. The question is whether Suncor is the right energy play here.

Barchart

Crude Closes Higher on Tight Global Supplies and U.S. Economic Strength

September WTI crude oil (CLU23 ) on Thursday closed up +1.01 (+1.27%), and Sep RBOB gasoline (RBU23 ) closed down -4.54 (-1.58%). Crude oil and gasoline prices on Thursday settled mixed. Crude moved higher on carryover support from Wednesday's EIA report that showed U.S crude inventories fell to their lowest...

Barchart

Crude Moves Higher on Dollar Weakness and U.S. Economic Strength

September WTI crude oil (CLU23 ) this morning is up +1.36 (+1.71%), and Sep RBOB gasoline (RBU23 ) is down -1.22 (-1.43%). Crude oil and gasoline prices this morning are mixed. A weaker dollar today is supportive of energy prices. Crude also has carryover support from Wednesday's EIA report that...

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