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The Latest Breaking News from Oil

US To Prioritize Existing Investors For Venezuela Oil Licenses

US plans to prioritize existing investors for Venezuela oil licenses, impacting the industry significantly.

Top News

Oil, Gas Groups Sue To Block US Drilling Fee Increase

Oil and gas industry challenges Biden's proposed drilling fee increase on public lands, sparking debate over environmental conservation and economic interests.

Top News

Chevron to sell off its remaining North Sea oil and gas fields

US company denies decision is linked to UK’s 35% windfall tax on North Sea producers

The Guardian - UK

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read the most diverse news in one place.

Crude Posts Moderate Gains on Tight Supplies and US Energy Demand Optimism

June WTI crude oil (CLM24 ) on Thursday closed up +0.60 (+0.76%), and June RBOB gasoline (RBM24 ) closed up +4.10 (+1.64%). Crude oil and gasoline settled moderately higher on Thursday. Crude has carryover support from Wednesday's weekly EIA report, which showed declines in crude and gasoline supplies. Also, Thursday's...

Barchart

Rain, cooler temperatures help prevent wildfire near Canada's oil sands from growing

A wildfire that has forced thousands of people out of their homes in Canada’s oil sands hub city of Fort McMurray, Alberta is being held in place as rain and cooler temperatures sweep through the area

The Independent UK

Pa-rental guidance benefits charities

Letters: Charging children rent | Keffiyehs and kippahs | A well-oiled cyclist | Sex (and other) education | 100-year mortgages

The Guardian - UK

Crude Gains on Tight Supplies and US Energy Demand Optimism

June WTI crude oil (CLM24 ) this morning is up +0.43 (+0.55%), and June RBOB gasoline (RBM24 ) is up +3.00 (+1.20%). Crude oil and gasoline prices this morning are moderately higher. Crude has support from today's rally in the S&P 500 to a new record high, which shows optimism...

Barchart

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Marathon Oil Stock: Analyst Estimates & Ratings

Marathon Oil has underperformed the broader market this year, but Wall Street analysts are optimistic about the stock’s recovery potential.

Barchart

Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds

Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental Petroleum

The Guardian - US

‘Just by breathing we are contaminated’: schoolgirls fight to extinguish Ecuador’s gas flares

A group of determined teenagers has taken the government to court for not doing more to protect their community from the noxious byproduct of oil extraction in the northern Amazon

The Guardian - UK

Barge hits bridge connecting Galveston and Pelican Island, causing oil to spill

The collision's impact sent pieces of the bridge, which connects Galveston to Pelican Island, tumbling on top of the barge and shut down a stretch of waterway so crews could clean up the spill.

WEKU

MPs urge Sunak to stop plans to ‘max out’ North Sea oil

Cross party MPs wrote to Rishi Sunak to end the current approach to North Sea oil and gas

The Independent UK

Oil Prices Surge Due To Slower US Inflation And High Demand

Learn about the factors driving the recent surge in oil prices, from global demand to geopolitical tensions.

Top News

Grain Markets: Will Global Production Issues Continue to Push Wheat Prices Higher?

In my interview today with Michelle Rook on AgWeb's Markets Now I spoke about the recent move higher in wheat, soybean, and corn prices. I also discussed crude oil, interest rates, and the cattle markets.

Barchart

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news in one place.

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Crude Prices Settle Higher as the Dollar Weakens and EIA Inventories Decline

June WTI crude oil (CLM24 ) on Wednesday closed up +0.61 (+0.78%), and June RBOB gasoline (RBM24 ) closed up +3.72 (+1.51%). Crude oil and gasoline prices rebounded Wednesday from 2-1/2 month lows and finished moderately higher. Crude prices initially moved lower after the IEA cut its 2024 global crude...

Woman & Home

32 healthy lunch ideas that are tasty and packed with goodness

Switch up your midday meal with these healthy lunch ideas that are filling, balanced and nutritious

International Business Times

Barge Collision In Texas Causes Oil Spill, Shuts Down Pelican Island Bridge

The incident occurred around 9:50 a.m. Wednesday when a tugboat, maneuvering out of Texas International Terminals, lost control of two barges due to strong currents and high tides.

Top News

US Crude And Fuel Inventories Decline As Refining Increases

EIA report shows US crude oil and fuel inventories decline due to increased refining and demand, signaling a positive trend in the energy market.

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news in one place.

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Barge Collision Causes Bridge Collapse In Galveston, Texas

Barge collision in Galveston causes bridge collapse, oil spill, and power outage, impacting critical ecosystem.

The Guardian - UK

Not all culture was lost during the war

Brief letters: Paintings kept safe | The red king | A heart-stopping euphemism | Uses for olive oil | Useless tools

The Guardian - UK

UK climate activists convicted in first trial of new anti-protest laws

Phoebe Plummer, Chiara Sarti and Daniel Hall took part in protest march last year in Just Stop Oil campaign

Barchart

Crude Recovers Early Losses on Dollar Weakness and a Fall in EIA Inventories

June WTI crude oil (CLM24 ) today is up +0.11 (+0.14%), and June RBOB gasoline (RBM24 ) is up +2.53 (+1.03%). Crude oil and gasoline prices rebounded from 2-1/2 month lows and are slightly higher. Crude today initially moved lower after the IEA cut its 2024 global crude demand forecast....

Barchart

Schlumberger Stock Outlook: Is Wall Street Bullish or Bearish?

Although Schlumberger has underperformed the broader market YTD, Wall Street analysts are optimistic about the stock’s rebound potential.

Homes & Gardens

How to get oil stains off a driveway – 5 hacks to break down and wash off the oil

These methods to break down, scrub, and wash away oil stains are your best line of defence to prevent them from setting – act quickly for effective results.

The Guardian - UK

First Thing: Donald Trump’s Mar-a-Lago dinner with oil bosses

Trump is under investigation by House Democrats for hosting dinner where he reportedly asked oil and gas company executives for $1bn campaign contribution in exchange for scrapping environmental regulations. Plus: Antony Blinken picks up a guitar

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