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The Latest Breaking News from Oil

Russia-Ukraine war: List of key events, day 1,055

Here are the key developments on the 1,055th day of Russia’s full-scale invasion of Ukraine.

Al Jazeera

3 Oilfield Service Stocks Poised for Recovery

As oil demand rises and production ramps up, the energy sector shows signs of recovery. Amid this backdrop, investors looking to invest in this industry might consider fundamentally sound oilfield services stocks like TechnipFMC (FTI), Subsea 7 S.A. (SUBCY), and ChampionX Corp. (CHX), which are poised to capitalize on the…

StockNews.com

Iron ore rally helps lead Australian shares higher

The ASX200 index finished up almost 0.5 per cent, with the heavyweight mining sector climbing the most on a jump in Chinese demand.

AAP

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NATO Baltic Leaders Set To Boost Security After Cable 'Sabotage'

NATO countries on the Baltic Sea will look to boost security when they meet in Helsinki on Tuesday, following the suspected sabotage of undersea cables widely blamed on Russia.

International Business Times

Governments urged to give ‘full-throated support’ to North Sea oil and gas

Aberdeen and Grampian Chamber of Commerce said it wants the Scottish Government to end the presumption against new developments in the North Sea.

The Independent UK

Stocks Recover on Strength in Health Insurers and Energy Stocks

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.30%. March E-mini S&P futures (ESH25 ) are up +0.26%, and March E-mini Nasdaq futures...

Barchart

Alberta’s premier says she won't support a move to stop energy shipments to US as tariff retaliation

The premier of Canada’s oil-rich province of Alberta says she would not support any move to stop energy shipments to the United States as a way to combat U.S. President-elect Donald Trump’s threats to impose 25% tariffs on Canadian products

The Independent UK

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Crude Prices Jump on Tighter Global Supplies as US Sanctions Russian Energy

February WTI crude oil (CLG25 ) Monday closed up +2.25 (+2.94%), and February RBOB gasoline (RBG25 ) closed up +0.0254 (+1.22%). Crude and gasoline prices Monday settled moderately higher, with crude posting a 5-month high and gasoline posting a 3-month high. Crude prices Monday added to last Friday's gains after...

Barchart

US supreme court allows Hawaii lawsuit against fossil fuel firms’ misinformation

Honolulu officials had filed a lawsuit against the companies for an alleged decades long misinformation campaign

The Guardian - US

Experts reveal 5 surprisingly toxic items in your home to get rid of now – and what to replace them with

Curate a healthier home by ditching these toxic items

Homes & Gardens

Crude Rallies as US Sanctions on Russian Oil Tighten Global Supplies

February WTI crude oil (CLG25 ) today is up +2.15 (+2.81%), and February RBOB gasoline (RBG25 ) is up +0.0391 (+1.88%). Crude and gasoline prices today are pushing higher, with crude posting a 5-month high and gasoline posting a 3-month high. Crude prices today added to last Friday's gains after...

Barchart

Supreme Court Declines Oil Companies' Appeal In Climate Lawsuits

Supreme Court decision not to hear oil and gas companies' appeal on climate change lawsuits allows state cases to proceed, impacting energy industry.

Top News

Stocks Slide and Bond Yields Rise as Fed Rate Cut Hopes Dwindle

The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.75%. March E-mini S&P futures (ESH25 ) are down -0.42%, and March E-mini Nasdaq futures...

Barchart

Supreme Court Denies Certiorari in Climate Tort Suits

The justices are not persuaded to intervene in state-law climate litigation.

Reason

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The Conversation

Giant freshwater aquifer in southern Africa is under threat from mining

A huge underground water resource the size of Austria, the Stampriet Transboundary Aquifer System, stretches for 87,000km² across Namibia, South Africa and Botswana. It supplies 50,000 people in several towns with water pure enough to drink, and is their only source of water. But the Namibian government has awarded uranium…

Barchart

Stocks Pressured by Rising Bond Yields as Fed Rate Cut Hopes Fade

The S&P 500 Index ($SPX ) (SPY ) today is down -0.71%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.15%. March E-mini S&P futures (ESH25 ) are down -0.66%, and March E-mini Nasdaq futures...

Evening Standard

Russian firefighters take five days to put out blaze at Putin nuclear bombers' oil depot hit by Kyiv drones

Ukraine and Russia have dramatically ramped up use of drones in Putin’s war launched in February 2022

Texas Observer

Trump’s Texas Tycoons

Meet the Lone Star megadonors, think tankers, and politicians poised to play big roles in Trump’s comeback tour.

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The National (Scotland)

Unexploded 'bomb' found at North Sea oil pipeline as investigation launched

A SUSPECTED unexploded bomb has been discovered at an oil pipeline in the North Sea ...

Al Jazeera

Russia ‘prepared for any scenario’ on Ukraine war as Trump presidency nears

The US president-elect has promised to end the conflict in Ukraine but the Kremlin has not endorsed any tentative plans.

Latin Times

Markets Track Wall St Losses After Blockbuster US Jobs Report

The equity sell-off tracked hefty losses on Wall Street, where all three main indexes finished more than one percent lower as the new trading year continued to falter.

Top News

World Stocks Retreat As Inflation Worries Rise

Global stock markets decline on inflation concerns, oil prices surge, Asian stocks face losses, and US dollar weakens in currency markets.

Evening Standard

Just Stop Oil supporters spray-paint ‘1.5 is dead’ on Charles Darwin’s grave

The action followed confirmation that 2024 was the first year in which the average temperature exceeded 1.5C above pre-industrial levels.

The Independent UK

Just Stop Oil activists deface Charles Darwin’s grave inside Westminster Abbey

Protesters write ‘1.5 is Dead’ in orange spray chalk

Evening Standard

Just Stop Oil activists spray paint Charles Darwin's grave inside Westminster Abbey

The protesters entered the Abbey around 10am on Monday and sprayed ‘1.5 Is Dead’ on Charles Darwin’s grave

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