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The Latest Breaking News from Oil

ConocoPhillips CEO: 'Don't whipsaw this thing too hard right now'

“The ultimate depth and duration of this current price environment remains unclear,” said ConocoPhillips chairman and CEO Ryan Lance in the earnings call. “We are playing the long game.”

Fortune

Crude Settles Sharply Higher as the US-UK Trade Deal Boosts Economic Optimism

June WTI crude oil (CLM25 ) Thursday closed up +1.84 (+3.17%), and June RBOB gasoline (RBM25 ) closed up +0.0575 (+2.84%). Crude oil and gasoline prices on Thursday settled sharply higher after President Trump announced a trade deal with the UK, which eased trade tensions and bolstered optimism that more...

Barchart

Sugar Prices Climb on Strength in Crude Oil

July NY world sugar #11 (SBN25 ) Thursday closed up +0.37 (+2.16%), and August London ICE white sugar #5 (SWQ25 ) closed up +9.50 (+1.96%). Sugar prices Thursday settled moderately higher as a +3% rally in WTI crude oil (CLM25 ) sparked short covering in sugar futures. Higher crude prices...

Barchart

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I’ve saved money by swapping pungent commercial window cleaner sprays for this gentle, effective and luxury-smelling DIY recipe

You don’t even need vinegar

Homes & Gardens

US government warns of "unsophisticated" hackers targeting oil and gas systems

CISA warns cybercriminals are attacking critical infrastructure, with oil and gas under particular focus.

TechRadar

Texas has thousands of abandoned oil and gas wells. Who is responsible for cleaning them up?

Across Texas, abandoned wells are erupting with chemical-infused liquid and some have created massive lakes of contaminated water. Regulators say they need more money to address the problem.

The Texas Tribune

Crude Oil Rallies on News of a US-UK Trade Deal

June WTI crude oil (CLM25 ) today is up +1.66 (+2.86%), and June RBOB gasoline (RBM25 ) is up +0.0522 (+2.57%). Crude oil and gasoline prices today are moderately higher after President Trump announced a trade deal with the UK, which eased trade tensions and bolstered optimism that more trade...

Barchart

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Air pollution monitoring to protect people and wildlife in national parks suspended after former oil exec given oversight of National Park Service

The change comes amid fears that other conservation programmes will be next in the firing line

Advnture

2025 is ‘a pivotal year for methane mitigation’ in EU thanks to world-first rules. What’s changing?

Most of the methane emissions from fossil fuels used in Europe are tied to imports, the report also finds.

Euronews

Nigerian oil spill still damaging livelihoods 17 years later, court hears

The Bodo community are seeking a court injunction that would compel clean-up action.

The Independent UK

Is Energy Transfer Undervalued or a Value Trap?

With oil prices under pressure, investors are asking if Energy Transfer is an undervalued energy stock or a value trap in a cyclical sector

MarketBeat

Trump Trade War: Shipping Giant Changes Outlook; Outlines Scenarios For U.S.-China Trade Talks

Maersk tweaked its 2025 global shipping volumes forecast amid "U.S. centric rather than global" trade tensions.

Investors Business Daily

Alberta has long accused Ottawa of trying to destroy its oil industry. Here’s why that’s a dangerous myth

“Alberta is a place soaked in self-deception.” Those words began Alberta-based journalist Mark Lisac’s 2004 book aimed at shattering the myths that have unhelpfully animated too much of Alberta’s politics over the past few decades.

The Conversation

Summer House's Lindsay Hubbard has a scent-scaping tip that will impress your impromptu guests – it will change how you host in 2025

The reality TV star and new mom has teamed up with AirWick, and has shared that she loves to use different scents in different areas of the home

Homes & Gardens

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Evening Standard

Labour was warned of ‘real and present danger’ to oil and gas sector – Flynn

The SNP Westminster leader was speaking after Harbour Energy announced the loss of 250 jobs.

AAP

Woodside blocks climate questions as protesters blow up

Oil and gas giant Woodside has evaded questions on climate issues after its shareholder meeting was gatecrashed by whistle-blowing activists.

The National (Scotland)

Climate protesters target BP lobbying reception at Holyrood

Extinction Rebellion Scotland protesters have targeted a lobbying reception at Holyrood organised by oil giant BP

Barchart

Oil Prices Fall on Oversupply Fears and Reduced Trade and Geopolitical Tensions

June WTI crude oil (CLM25 ) Wednesday closed down -1.02 (-1.73%), and June RBOB gasoline (RBM25 ) closed down -0.0367 (-1.78%). Crude oil and gasoline prices on Wednesday gave up an early advance and posted moderate losses due to the dollar's strength and an easing of geopolitical tensions in the...

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Evening Standard

Best blue light therapy gadgets: Are these tools the secret to clearer, calmer skin?

Feeling blue? This light therapy might lift more than your mood

Barchart

Crude Prices Pressured by Dollar Strength and Oversupply Fears

June WTI crude oil (CLM25 ) today is down -0.45 (-0.76%), and June RBOB gasoline (RBM25 ) is down -0.0319 (-1.55%). Crude oil and gasoline prices today gave up an early advance and turned lower due to the dollar's strength. Crude prices today initially moved higher in hopes of easing...

MarketBeat

What Oil, Value, and Growth Correlations Say About the Market

A new signal is showing up all over the market, warning investors that the worst might not be over yet for the S&P 500 and the economy.

Investors Business Daily

Warren Buffett May Be Retiring, But His Favorite Energy Stock Just Reported Earnings

Occidental Petroleum reported earnings late Wednesday.

The Guardian - AU

Global oil prices have plunged. So when will Australian motorists see cheaper petrol?

Analysts predict bowser prices for regular unleaded to come down to temporary lows of near 160c per litre in major cities

The Guardian - AU

Ethical super fund says QBE ‘not joining the dots’ between fossil fuel projects and rising premiums

Australian Ethical, which holds $56m worth of QBE shares, calls on insurer to overhaul its policies which allow it to underwrite oil and gas projects without restriction before AGM

Evening Standard

Harbour Energy axing 250 jobs in Aberdeen

The job losses come on top of 350 roles that were cut by the oil and gas firm in 2023.

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