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The Latest Breaking News from Oil

How oil companies put the responsibility for climate change on consumers

The political response to the climate crisis remains largely inadequate in the face of heat waves, hurricanes, floods and forest fires that are accelerating and intensifying.

The Conversation

Crude Prices Retreat on Lack of Oil-Flow Disruption Thus Far from Israel-Hamas Conflict

November WTI crude oil (CLX23 ) on Wednesday closed down -2.48 (-2.88%), and Nov RBOB gasoline (RBX23 ) closed down -4.83 (-2.11%). Nov WTI crude oil and gasoline prices Wednesday fell sharply on initial indications the war between Israel and Hamas will have a limited impact on oil flows in...

Barchart

Exxon’s $59.5 billion deal to buy a giant shale driller is telling us something about climate change and how fast the green transition will be

“The fantasy world of having just renewables as electricity within 50 years or so is now clearly not going to happen,” Jay Hatfield, CEO of Infrastructure Capital Advisors, told Fortune.

Fortune

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3 Energy Stocks With Bullish Signals This Week

The escalating conflict in the Middle East is driving a surge in oil prices. The possibility of new U.S. sanctions on Iran could drive prices even higher. Against this backdrop, it could be wise to invest in robust energy stocks NCS Multistage (NCSM), NOW Inc (DNOW), and Ranger Energy (RNGR),…

StockNews.com

3 Stocks Investors Are Chasing Aggressively

The energy demand has been rising globally, boosting the demand for energy services. Moreover, the energy services industry is expected to benefit from the transition to cleaner energy sources. Amid this backdrop, it could be wise to buy fundamentally strong stocks REX American Resources (REX), Profire Energy (PFIE), and NCS…

StockNews.com

Exxon reinforces support for fossil fuels with deal to buy shale giant for $60bn

Deal to buy Pioneer Natural Resources shows Exxon’s confidence that fossil fuel output will not be hampered in years to come

The Guardian - US

3 Energy Stocks Investors Are Snapping Up This Week

The global energy landscape is transforming, with record-breaking oil demand, surging natural gas production, and an ever-accelerating shift towards electrification. Hence, fundamentally sound energy stocks USA Compression Partners (USAC), Western Midstream Partners (WES), and CrossAmerica Partners (CAPL), which have garnered heightened attention from investors, might be solid buys this week.…

StockNews.com

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Crude Prices Tumble as Israeli Conflict Has Limited Effect on Middle East Crude Supplies So Far

November WTI crude oil (CLX23 ) this morning is down -2.76 (-3.21%), and Nov RBOB gasoline (RBX23 ) is down -5.89 (-2.61%). Nov WTI crude oil and gasoline prices this morning are sharply lower on signs the war between Israel and Hamas will have a limited impact on oil flows...

Barchart

Just Stop Oil pair jailed over Queen Elizabeth II Bridge protest lose Supreme Court appeal bid

Morgan Trowland and Marcus Decker caused traffic chaos after using ropes and other climbing gear to scale the Dartford crossing

Evening Standard

Rising oil prices, surging inflation: The Arab embargo 50 years ago weaponized oil to inflict economic trauma – sound familiar?

Fifty years ago, a secret deal among Arab governments triggered one of the most traumatic economic crises to afflict the United States and other big oil importers.

The Conversation

Just Stop Oil pair jailed over bridge protest lose Supreme Court appeal bid

Morgan Trowland and Marcus Decker were jailed after using ropes and other climbing gear to scale the Queen Elizabeth II Bridge.

The Independent UK

Russia and Saudi Arabia to continue oil price pact despite Middle East crisis

Vladimir Putin says withholding oil will ‘most likely’ continue despite Israel-Hamas war pushing crude towards $100 a barrel

The Guardian - UK

3 Compelling Energy Stocks Investors Are Buying

Surging crude oil prices and solid energy demand worldwide will likely incentivize operators to produce more oil and natural gas, creating growth opportunities for companies providing energy drilling services. So, let’s look at captivating energy stocks Patterson-UTI (PTEN), Helmerich & Payne (HP), and Precision Drilling (PDS), which investors have been…

StockNews.com

Assam: Guwahati City Police seizes over 2,600 Kg of ganja from oil tanker, 2 held

Guwahati city police recovered and seized 2640 kg of ganja from an oil tanker and apprehended two persons. Read further on Dynamite News:

Dynamite News

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news in one place.

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The Independent UK

Exxon Mobil buys Pioneer Natural in $59.5 billion deal with energy prices surging

Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, making it one of the oil giant’s biggest transactions ever

The Guardian - UK

How to make vegetarian bibimbap – recipe

This super-adaptable Korean rice dish is traditionally made with leftovers, a dollop of spicy gochujang and a drizzle of sesame oil – what’s your favourite combo?

Evening Standard

From Wimbledon to the West End: What events have Just Stop Oil targeted so far?

From Wimbledon to West End stage productions, environmental activists from Just Stop Oil have disrupted a number of high-profile events

The Guardian - UK

Russia-Ukraine war at a glance: what we know on day 595 of the invasion

Zelenskiy attends Nato meeting in Brussels and appeals for more air defence ahead of winter; Yellens says G7 oil price cap has reduced Russian revenue

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WEKU

Kentucky hemp grower has doubts about new medical marijuana law

Beginning in 2025, medical marijuana can be legally sold, grown and consumed in Kentucky, the result of a law passed by the General Assembly this year. Last week, Governor Beshear announced a new website that provides updates on the plan. Bill Polyniak, the co-owner of the Kentucky Cannabis Company and…

StockNews.com

Income Stock of the Week: GeoPark (GPRK)

Income stocks are great, income stocks that trade like value stocks are even better. Ensuring a safe dividend should be job number one for an income stock, and GeoPark Limited (GPRK) could be the poster stock for producing safe dividend growth. Oil prices have a multitude of price supports at…

Fortune

‘Everybody looks back at the oil crisis of 1973, but this is so different’: Experts don’t see disaster ahead—with a big if attached

Daniel Yergin, vice chairman of S&P Global, says the Israel-Hamas war is a "geopolitical risk," but a crisis requires another shoe dropping.

Barchart

Crude Prices Consolidate after Monday's Sharp Gains

November WTI crude oil (CLX23 ) on Tuesday closed down -0.41 (-0.47%), and Nov RBOB gasoline (RBX23 ) closed up +2.03 (+0.91%). Nov WTI crude oil and gasoline prices on Tuesday settled mixed, with crude giving back some of Monday's surge. Profit-taking emerged in crude Tuesday after the IMF cut...

Barchart

3 High-Yield Energy Picks to Invest Like "Bond King" Bill Gross

Master limited partnerships (MLPs), such as Energy Transfer, allow shareholders to benefit from tasty dividend yields and rising payouts over time.

Barchart

This Permian Basin Energy Stock Could Be the Next Big Oil Takeover Target

Large oil companies in the U.S. are making barrels of cash, and Exxon's bid to buy Pioneer could set off a flurry of similar acquisitions in the Permian Basin.

WEKU

California becomes the first state to ban 4 food additives linked to disease

Brominated vegetable oil, potassium bromate, propylparaben and red dye 3, which can be found in candy, cookies and more, will be banned starting in 2027 due to links to cancer other health effects.

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