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The Latest Breaking News from Oil

Tensions rise in Guyana as Maduro uses border dispute to build support ahead of Venezuela poll

An old territorial claim to part of Guyana rich in oil and gold has proved useful for Hugo Chávez’s successor. But the land grab has sparked outrage among the Guyanese

The Guardian - UK

Israel says it intercepted missile fired by Houthis at port city of Eilat

Houthi military says US ship in Red Sea also targeted after Israeli strikes on oil facilities and power station in Yemen

The Guardian - UK

How to Clean and Care for a Wooden Cutting Board — Natural Methods to Make It Look as Good as New

Your wooden cutting boards will look fresher than ever after following these care tips approved by experts

Livingetc

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Yes, five years in jail is too harsh, but the Just Stop Oil Five shouldn’t have done it

The urgent needs of the road users they held up were ignored during this climate crusade

The Guardian - UK

Oil-tainted Lake A Symptom, And Symbol, Of Venezuela's Collapse

A putrid smell hangs over the black-stained shores of Lake Maracaibo in Venezuela, where an oil slick is emblematic of the steep decline in the country's once-enviable petroleum industry.

International Business Times

Israel strikes Yemen port after Houthi rebels attack Tel Aviv

Three reported killed and 87 wounded after oil depot and electrical installations hit

The Guardian - UK

Houthi Rebels Blame Israel For Airstrikes In Yemen

Houthi rebels in Yemen accuse Israel of airstrikes on oil facilities, raising tensions in the region.

Top News

Crude Ends Sharply Lower on a Strong Dollar and Weak Stocks

August WTI crude oil (CLQ24 ) on Friday closed down -2.69 (-3.25%), and Aug RBOB gasoline (RBQ24 ) closed down -6.60 (-2.62%). Crude oil and gasoline prices on Friday closed sharply lower, with crude sliding to a 1-month low. A stronger dollar on Friday undercut energy prices. Losses in crude...

Barchart

‘Not acceptable in a democracy’: UN expert condemns lengthy Just Stop Oil sentences

Michel Forst, UN special rapporteur, joins growing chorus of voices criticising jail terms handed to five defendants

The Guardian - UK

Crude Pressured by Dollar Strength and Energy Demand Concerns

August WTI crude oil (CLQ24 ) today is down -0.64 (-0.77%), and Aug RBOB gasoline (RBQ24 ) is down -1.85 (-0.74%). Crude oil and gasoline prices today are moderately lower. A stronger dollar today has undercut energy prices. Weakness in stocks today also undercut confidence in the economic outlook, which...

Barchart

Just Stop Oil’s harsh sentences are the logical outcome of Britain’s authoritarian turn against protest

Lengthy prison sentences have been imposed on five Just Stop Oil activists for coordinating direct action on the M25, the main ring road around London. For a non-violent protest, there is no equivalent in modern times.

The Conversation

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The Guardian - UK

You may find Just Stop Oil annoying. You may dislike their tactics. But they do not belong in prison

These protesters are shouting ‘fire’ while the world burns. A society that locks them up cannot be called democratic, say campaigners Chris Packham and Dale Vince

International Business Times UK

Just Stop Oil Co-Founder Jailed For 5 Years After 2022 M25 Protest That Affected Over 500K Vehicles

Many of those who have supported the movement have shown concern over the court's decision to imprison the protesters.

The Guardian - UK

Just Stop Oil jail terms raise questions over harsh treatment of protesters

Lengthy prison sentences seen by many as heavy-handed and prompt comparisons with other offences

Evening Standard

OPINION - The Science Museum should not bow to climate change activists: take the oil money and be grateful to get it

Among its many lively claims to a place in history, the summer of 2024 will surely come to be known as the one that finally killed corporate sponsorship of the arts.

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The Guardian - UK

Celebrities add voices to outcry over severity of Just Stop Oil sentences

Chris Packham calls for meeting with attorney general as prominent figures condemn long jail terms for M25 activists

Evening Standard

Volodymyr Zelensky greeted by Keir Starmer on No10 steps before historic address to Cabinet

The UK has announced new measures to tackle a ‘shadow fleet’ of oil tankers helping Russia evade sanctions.

The Guardian - UK

UK politics: Zelenskiy asks Starmer to ‘show leadership’ and let Ukraine use weapons anywhere in Russia – as it happened

Ukrainian president says ability to use western weapons to strike into enemy territory is key to his country’s defence

The Guardian - UK

A record sentence for a Zoom call, arrests for those holding signs outside. This is a blight on British democracy

The right to protest is the wellspring of democracy – that’s why Labour must repeal the Tories’ draconian laws, says Guardian columnist George Monbiot

Top News

US Gas Prices Not Solely Dependent On Domestic Oil Production

Explore the nuanced relationship between US oil production, global oil market, and gas prices.

The Guardian - UK

Zelenskiy to attend UK cabinet meeting in effort to disrupt Russian oil sales

Ukraine’s president will ask for more help to block Putin’s growing ‘shadow fleet’ of tankers carrying sanctioned crude to buyers

Barchart

Crude Posts Modest Losses on a Stronger Dollar and Weak Stocks

August WTI crude oil (CLQ24 ) on Thursday closed down -0.03 (-0.04%), and Aug RBOB gasoline (RBQ24 ) closed up +1.51 (+0.60%). Crude oil and gasoline prices Thursday gave up an early advance and settled mixed. A stronger dollar Thursday weighed on energy prices. Crude prices also turned lower Thursday...

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