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The Latest Breaking News from Oil

Just Stop Oil protests cost police nearly £20million, Met reveals

Some 657 Just Stop Oil activists have been arrested since October, the highest number ever made for mass unlawful disruption, according to the force

Evening Standard

Stock market today: Asian shares slide after retreat on Wall Street as crude oil prices skid

Shares have fallen in Asia after a retreat on Wall Street as crude oil prices slipped on expectations that supply might outpace demand

The Independent UK

Asia Tracks Wall St Sell-off As US Labour Market Softens

Asian stocks sank Thursday, extending a rollercoaster week across world markets as investors jockey for position ahead of key US jobs data, while oil struggled to bounce back after hitting a five-month low.

International Business Times

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ASX edges lower amid late energy sector resurgence

The Australian share market recovered to finish just 0.1 per cent down after whipsawing oil prices sent energy stocks on a wild rollercoaster ride.

AAP

London Climate Protests: 630 Arrests Made by Police in a Month

The intensification of the London climate protests underscores the urgency many feel regarding environmental issues like the Just Stop Oil movement.

International Business Times UK

UN slams COP28 'posturing' as negotiators spar over ending fossil fuels

Countries at the COP28 climate talks need to stop posturing, aim high and agree on a way to end the "fossil fuel era as we know it", UN climate chief Simon Stiell said on Wednesday, as tension over the future of coal, oil and gas came to the fore.

France 24

Stock Market Today: Stocks Swing Lower as Oil Prices Retreat

A bad-news-is-good-news jobs report sent the main indexes higher at the open, but they didn't stay there for long.

Kiplinger

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Crude Prices Sink on Global Oversupply Worries

January WTI crude oil (CLF24 ) on Wednesday closed down -2.94 (-4.07%), and Jan RBOB gasoline (RBF24 ) closed down -0.0801 (-3.80%). Crude oil and gasoline prices on Wednesday sold off sharply, with crude falling to a 5-month low and gasoline tumbling to a 1-year low. Concern about excess global...

Barchart

Judge overrules Texas, strikes down air pollution permit for Gulf Coast oil terminal

A judge reversed a 2022 decision by the Texas Commission on Environmental Quality that involved its controversial “one-mile rule” to deny hearing requests.

The Texas Tribune

Venezuela, Guyana Open 'Communication Channels' As Border Tension Mounts

Guyana and Venezuela agreed Wednesday to "keep the communication channels open" in a fast-worsening feud over a disputed, oil-rich region as Brazil reinforced troops on its northern border with the neighbors.

International Business Times

Texas Court Strikes Down Air Pollution Permit for Gulf Coast Oil Terminal

A judge reversed a 2022 decision by the Texas Commission on Environmental Quality (TCEQ) which involved its controversial “one-mile rule."

Texas Observer

Crude Prices Plunge on Concern About Excess Global Oil Supplies

January WTI crude oil (CLF24 ) this morning is down -2.79 (-3.86%), and Jan RBOB gasoline (RBF24 ) is down -0.0780 (-3.70%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 5-month low and gasoline tumbling to a 1-year low. Concern about excess global...

Barchart

Fossil Fuels On The Table At COP28 As OPEC Slashes Production, US Crude Output Breaks Records

COP28 may become the first-ever international climate summit to commit to eventually phasing out oil and gas.

International Business Times

Guyana's president says it is preparing for a possible incursion by Venezuela into disputed area

Guyana's president tells The Associated Press his country is taking every necessary step to protect itself from a potential incursion by Venezuela, which has ordered its state-owned companies to explore and exploit oil and minerals in Guyana’s vast Essequibo region that it considers its own

The Independent UK

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Woman & Home

Mariah Carey's perfect bath requires two surprisingly affordable products

Mariah Carey's perfect bath includes two product types as essentials and you can pick up some that work for you very affordably

France 24

Sultan al-Jaber under fire: COP28 president accused of conflict of interest

He's claiming that his remarks were "misinterpreted". The Emirati oil executive leading the COP28 climate conference in Dubai has come out fighting after widespread criticism of his suggestion that there was "no science" indicating that a phase-out of fossil fuels was needed to contain global warming. A controversial choice as…

The Hindu

Security arrangements reviewed at new airport in Vellore

Security team from Chennai airport reviews existing arrangements at Vellore airport ahead of operations. DGCA monitors security regularly. Mock drills conducted with Central forces and local police. Airport built at ₹65 crore, spread over 97 acres, with runway, taxiway, ATC, terminal building and oil depot. Widened airstrip to operate 20-seater…

Chicago Sun-Times

Natasha Kravchuk fosters simple approach to recipes in new cookbook

Her new cookbook, “Natasha’s Kitchen: 100+ Easy Family-Favorite Recipes You’ll Make Again and Again,” is totally approachable, she says.

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StockNews.com

3 Oil & Gas Stocks Energizing Portfolios This December

The energy market, witnessing a sturdy surge in worldwide energy demand, indicates an upward trajectory for oil prices, creating lucrative opportunities for the energy sector players. Therefore, quality oil and gas stocks Cheniere Energy Partners, L.P. (CQP), Ampol Limited (CTXAY), and Scorpio Tankers (STNG) could be solid buys, energizing the…

International Business Times

Putin Lands In Abu Dhabi On Middle East Visit

President Vladimir Putin is in the United Arab Emirates for a rare visit outside the former Soviet Union Wednesday, as Russia seeks to reassert itself on the global stage.

The Texas Tribune

In this East Texas town, a 45-foot tall oil pump is a holiday symbol and connection to the past

Rudolph the Red-Nose Pumping Unit has long been a holiday tradition in Lufkin. The machinery, now used worldwide to extract oil from the ground, was invented by a local businessman.

WEKU

Colombia is the most dangerous country in the world for environmental defenders

Of the 177 environmental activists killed around the world last year, 60 were murdered in Colombia, says the advocacy group Global Witness. In most cases, no one is tried or convicted.

FourFourTwo

Manchester United to double in value as Saudi Arabia targets buying Champions League: report

Manchester United could receive an incredible kickback if UEFA decides to sell the Champions League

The Guardian - UK

Cop28’s pipe dream: inside the 8 December Guardian Weekly

Big oil meets the climate cause in Dubai. Plus: Living with less stuff

The Guardian - AU

Venezuela orders state companies to exploit oil and gas mines in Guyana territory

Order from president Nicolás Maduro comes after referendum on whether Venezuela should claim sovereignty over the region

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