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The Latest Breaking News from Oil

Crude Oil Rallies on Heightened Geopolitical Risks

February WTI crude oil (CLG24 ) this morning is up +2.34 (+3.18%), and Feb RBOB gasoline (RBG24 ) is up +4.31 (+2.01%). Crude oil and gasoline prices this morning are sharply higher, with crude posting a 3-week high. A weaker dollar today is supportive of energy prices. Heightened geopolitical risks...

Barchart

Ennore oil spill: Anbumani urges for a thorough inquiry to find the polluter

PMK founder Anbumani Ramadoss urges TN govt to form commission to enquire into Ennore oil spill or transfer case to CBI.

The Hindu

Culture clash: when the British Museum accepts funding from oil firms

Letters: Readers respond to an article by Charlotte Higgins about the management of the institution and sponsorship by BP

The Guardian - UK

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3 Top-Rated Energy Stock Buys With Untapped Potential

Despite the increasing focus on transitioning away from fossil fuels worldwide, oil demand is expected to remain solid in the coming years. Hence, fundamentally solid energy stocks Baker Hughes (BKR), Sasol (SSL), and CrossAmerica Partners (CAPL) might be ideal buys now. Keep reading.

StockNews.com

Get Year-End Triumph With 3 Energy Stocks

The energy sector is expected to witness considerable long-term growth and expansion, thanks to robust demand for oil and gas globally and the rapid adoption of digital technology. Given this backdrop, fundamentally sound energy stocks Liberty Energy (LBRT), Delek (DK), and Dorchester Minerals (DMLP) could be solid buys now. Read…

StockNews.com

Ryanair’s Michael O’Leary: ‘There isn’t enough cooking oil in the world to power one day of green aviation’

The explosive airline boss with a big bonus looming sees the need for climate action – but points out ships and cars are big emitters too

The Guardian - UK

Big Oil Emerges Victorious as U.S. Consolidation Fuels 2024

2024 has been a transformative year for the big oil industry, with U.S. industry consolidation fueling their power. Find out how this has strengthened thei...

Top News

5 ways to make a small office look luxurious

Learn from the experts how to make a small office look luxurious. These intentional design tips will elevate your office space

Real Homes

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Salon

Is fish oil really good for your mind?

Can the right foods really alleviate depression?

The Hindu

Fisherfolk from villages around Pulicat lake threaten protests, demand relief

Fishermen of 40 villages around Pulicat lake threaten strike over oil spill safety concerns, seek relief from government.

The Hindu

Enhance the compensation to families affected by Ennore oil spill, EPS urges government

Edappadi K. Palaniswami urges TN govt to enhance compensation for families affected by Ennore oil spill, demands higher relief for fishermen.

Barchart

Unemployment, PMI and Other Can't Miss Items This Week

Last week the market finished green again with the S&P 500 finishing up almost 1%. This makes it the 8th consecutive week with the SPY finishing higher than it opened.

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Evening Standard

Royal Navy warship sent to Guyana as tensions rise

Guyana is in a bitter dispute with Venezuela over a vast border region rich in oil and minerals.

France 24

Israeli forces head deeper into Gaza in pursuit of 'total victory', Netanyahu says

Israeli forces are going deeper into the Gaza Strip, Prime Minister Binyamin Netanyahu said in a video statement on Sunday, adding that they will fight on until achieving "total victory" over Hamas. A US warship downed four drones over the Red Sea, the Pentagon said earlier in the day. Read…

The Hindu

Tanker with Indian crew hit by drone in Red Sea

Indian crew on Gabon-flagged M/V Sai Baba attacked by one-way drone in Red Sea, no injuries reported.

The Hindu

KSINC to launch two barges on January 1

KSINC launches two barges to increase waterway transport of bulk cargo, including an oil tanker barge and an acid barge.

The Hindu

KSDL ties up with 670 farmers for commercial cultivation in 3,586 acres

The State-run Karnataka Soaps and Detergents Ltd. (KSDL), which is facing a shortage of sandalwood oil essential for its flagship brand “Mysore Sandal” soap, has tied up with 670 farmers for commercial cultivation of 3,586 acres, largely in dry regions of north Karnataka, including Dharwad, Haveri, Gadag, to reduce its…

The Hindu

The scent of Mysore Sandal to come all the way from Down Under

With a sharp reduction in production of sandalwood oil from 4,068.28 kg in 2020-21 to 719 kg in the first six months of the current fiscal year (2023-24), the State-run Karnataka Soaps and Detergents Ltd. (KSDL) is all set to import 90% of its requirement of sandalwood oil (7,000 kg) from…

The Hindu

Fishermen of 8 villages stage protest seeking inclusion of two more villages affected by oil spill for relief

Fishermen of 8 villages near Ennore protest for relief & new boats after oil spill damages livelihoods.

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