Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Oil

Exxon Mobil (XOM) – Is It Time to Buy or Wait on This Energy Stock?

Exxon Mobil (XOM) expects its motor fuels and chemical earnings to increase due to heightened demand. However, with legal troubles looming and a possible slowdown in fossil fuel demand, should investors consider buying the stock now? Let’s look at its financial metrics to gauge its prospects….

StockNews.com

Crude Prices Underpinned by Tight Global Supplies

November WTI crude oil (CLX23 ) this morning is up +0.81 (+0.90%), and Nov RBOB gasoline (RBX23 ) is down -1.29 (-0.50%). Nov WTI crude oil and gasoline prices this morning are mixed. A rally in the dollar index today to a 6-1/2 month high is bearish for energy prices....

Barchart

Judge blocks government plan to scale back Gulf oil lease sale to protect whale species

A federal judge has ordered the Interior Department to expand next week’s scheduled sale of Gulf of Mexico oil and gas leases by millions of acres

The Independent UK

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

Exclude Fossil Fuel Firms From Cop28 if They Only Want to Obstruct, Says Ex-UN Chief

This story originally appeared in the Guardian and is part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story.

Capital & Main

Landmark Climate Bill Bucks Industry Pressure as Big Oil Mocks Need to Transition

The legislation would set a precedent by requiring large companies to disclose total greenhouse gas emissions.

Capital & Main

UAE oil company executives working with Cop28 team, leak reveals

Exclusive: two PR professionals from national oil firm listed as providing ‘support’ to team running UN climate summit

The Guardian - UK

Exxon Is Gushing Huge Amounts of Free Cash Flow - XOM Stock Could Rise Further

Exxon will gain from the 30% spike in oil prices in Q3. That means its free cash flow is likely going to be significantly higher than Q2. XOM stock rise could lead to profitable short-put plays.

Barchart

Read news from The Economist, FT, and more,
with one subscription

Putin’s war machine risks running out of fuel, so Russia is banning the export of gasoline and diesel

The Russian leader has attempted to shield the worst effects of the war from his countrymen, but prices for the fuels have been reaching record levels domestically.

Fortune

Khartoum's burning tower: architects on the destruction of a city – and what it'll take to rebuild

There has been a continued escalation in fighting between Sudan’s army and the paramilitary Rapid Support Forces. The destruction of the capital Khartoum continues – physically, economically, socially and culturally – as buildings are bombarded and homes looted. One of the city’s landmark skyscrapers, the Greater Nile Petroleum Oil Company…

The Conversation

‘You could fill a museum with it’: the $963m Roman Abramovich art collection revealed

Leak suggests the oil and gas tycoon and his ex-wife Dasha Zhukova amassed one of the most significant collections of modern art in private hands

The Guardian - UK

Top warming talks official hopes for 'course correction' and praises small steps in climate efforts

A top official of upcoming international climate negotiations hopes to prove critics wrong and surprise them with a “course correction” for an ever-warming world

The Independent UK

Chevron vs. Occidental Petroleum: Which Warren Buffett Energy Stock is a Better Buy?

Dividend stability, earnings track record, oil price exposure - if you can pick only one of Warren Buffett's favorite energy stocks, should it be CVX or OXY?

Barchart

Crude Gives Up Early Gains as Stocks Tumble

November WTI crude oil (CLX23 ) on Thursday closed down -0.03 (-0.03%), and Nov RBOB gasoline (RBX23 ) closed down -0.26 (-0.10%). Nov WTI crude oil and gasoline prices on Thursday whipsawed throughout the day and finally settled with modest losses. An early rally in the dollar index (DXY00 )...

Barchart

Mohammed bin Salman to keep oil prices high to spur growth—'I’m trying to get Saudi Arabia back on the right track'

The pragmatic crown prince wants to lure manufacturing to the country and more star athletes like Cristiano Ronaldo to the football league.

Fortune

Get all your
news in one place.

100’s of premium titles.
One news app.

Barchart

Crude Gains After Russia Bans Gasoline and Diesel Exports

November WTI crude oil (CLX23 ) this morning is up +0.83 (+0.93%), and Nov RBOB gasoline (RBX23 ) is up +1.96 (+0.76%). Nov WTI crude oil and gasoline prices this morning shook off early losses and are moderately higher after Russia banned gasoline and diesel exports, further tightening global fuel...

StockNews.com

3 Must-Watch Energy Growth Stocks

Production cuts are aimed at preventing oversupply in the global oil market are expected to boost oil prices potentially. Moreover, the energy services industry is thriving thanks to robust demand. Hence, fundamentally sound energy stocks Schlumberger (SLB), Oceaneering International (OII), and Archrock (AROC) might be suitable additions to one’s watchlist.

The Times of India

Sensex, Nifty decline for third consecutive session

NEW DELHI: Both Indian indices - sensex and Nifty - continued their decline for the third consecutive session on Thursday, primarily driven by fears of a more hawkish stance of the US Federal Reserve.

The Hindu

India to clock GDP growth of 6.5 pc in FY24 despite high crude oil prices: NITI Aayog member Arvind Virmani

India's GDP growth projected at 6.5% for FY24, despite high crude oil prices & increased uncertainty due to climate change. Gross household savings ratio consistently up, net household savings down due to consumer debt. Inflationary impact of oil prices, but govt has managed food inflation well.

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Courgette season is nearly over – here’s three ways to make the most of them

Courgettes are the perfect vehicle for transitioning your cooking from summer into autumn. Hannah Twiggs shares three of her favourite ways to cook the versatile yet budget-friendly staple

The Conversation

A month after Ecuador's historic vote to end oil extraction in Yasuní National Park, its lessons are as vital as ever to Canadians

One month ago, on Aug. 20, Ecuador voted to end all oil extraction in Yasuní National Park, marking a historic decision in the global effort to halt fossil fuel extraction in ecologically important regions. As climate emergencies rise globally, Ecuador has set a global precedent by protecting one of the…

The Guardian - UK

Chris Packham: Is It Time to Break the Law? review – the bravest, most anguished TV of the year

This extraordinarily honest eco-documentary sees the nature presenter wrestle with an existential crisis – and he’s so desperate he risks his entire future

Barchart

Crude Gives up Early Gains on a Hawkish Fed

October WTI crude oil (CLV23 ) on Wednesday closed down -0.92 (-1.01%), and Oct RBOB gasoline (RBV23 ) closed down -3.89 (-1.46%). Oct WTI crude oil and gasoline prices Wednesday gave up early gains and posted moderate losses after the Federal Reserve raised its estimate for interest rates next year,...

Barchart

Weak Crude Oil Prices Spark Long Liquidation in Sugar Futures

Oct NY world sugar #11 (SBV23 ) on Wednesday closed -0.65 (-2.37%), and Dec London white sugar #5 (SWZ23 ) closed -13.50 (-1.82%). Sugar prices on Wednesday closed sharply lower after a -1% fall in crude oil prices sparked long liquidation pressures in sugar futures. Weaker crude prices undercut ethanol...

Barchart

3 Oil Price Risks to Know Before You Buy Energy Stocks

Some brokerages now see oil prices rising to $100 in the short term. Should you buy energy stocks now after the recent rally in oil prices?

The Independent UK

‘They’ve played us for fools’: California Governor Gavin Newsom calls out fossil fuel industry to cheers at UN

The California governor has thrown his support behind Biden and Harris’ 2024 re-election campaign but political commentators are speculating over a 2028 bid

1 … 489 490 491 492

People

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

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.