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The Latest Breaking News from Oil

Analysis-U.S. seeks to mend frayed Saudi ties with second high-level trip

With two high-level visits in less than a month, the United States is hoping to steady ties with Saudi Arabia after several years of disagreement and deepening mistrust.

Reuters

Crude Rallies Ahead of Weekend OPEC+ Meeting

July WTI crude oil (CLN23 ) this morning is up +1.22 (+1.74%), and July RBOB gasoline (RBN23 ) is up +3.57 (+1.479%). July Nymex natural gas (NGN23 ) is up +0.038 (+1.76%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing in hopes of stronger...

Barchart

Northern Irish pensioner's warning after home heating oil tank cracks in the sun

Trevor McCusker is warning people to check their tanks for any problems

Belfast Live

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Hollywood film director to triple donations to Just Stop Oil over weekend

Adam McKay, who made Netflix film Don’t Look Up, as well as Step Brothers and The Big Short, said he stands with the protesters.

The Independent UK

Is Exxon Mobil (XOM) Worth Holding?

While the U.S. debt ceiling deal and potential production cuts by the OPEC+ alliance have fueled investor confidence, oil producer Exxon Mobil (XOM) has experienced a notable decline in its stock price over the past months. So, is the stock worth holding? Keep reading to find out.

StockNews.com

How a Jiffy Lube franchisee with 500 locations used machine learning to fine-tune their finance tech transformation

Team Car Care's financial planning and analysis team can predict different customer behaviors around oil changes.

Fortune

Two Labour MSPs reject party's plan to block new oil and gas development in North Sea

TWO Labour MSPs have reportedly rejected their own party’s policy of blocking all new North Sea oil and gas developments.

The National (Scotland)

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Hailey Bieber's favourite £11 budget beauty buy now comes in non-greasy dry oil

It's perfect for keeping your skin hydrated and nourished during the hot summer months!

Daily Mirror

‘The window is closing’: Cop28 must deliver change of course on climate

With six months until UN summit in Dubai, can its oil executive president bring unwilling countries into line?

The Guardian - UK

Biden to enforce ban on oil, gas drilling to protect tribal sites around New Mexico's Chaco

The Biden administration is implementing a 20-year withdrawal banning oil and gas development outside the boundaries of Chaco Culture National Historical Park in northwestern New Mexico

The Independent UK

Climate proposals withered at the Texas Capitol this year

Proposals to improve energy efficiency failed. Bills that sought to limit greenhouse gas emissions in Texas were ignored, and legislation to block cities from taking action on climate change passed.

The Texas Tribune

Labour MSPs reject Keir Starmer planned ban on new North Sea oil and gas developments

EXCLUSIVE: Two MSPs used a Labour group meeting to express concern about the mooted policy.

Daily Record

Crude Settles Higher on Dollar Weakness and Strong Economic Reports

July WTI crude oil (CLN23 ) on Thursday closed up +2.01 (+2.95%), and July RBOB gasoline (RBN23 ) closed down -0.76 (-0.31%). Crude oil and gasoline prices Thursday settled mixed. A decline in the dollar index Thursday to a 1-week low was bullish for energy prices. Also, the House passage...

Barchart

New Mexico imposes oil and gas moratorium on state land near schools

One of the top oil producing states in the U.S. is imposing a moratorium on new drilling on state trust land within a mile of schools

The Independent UK

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Motor1

Ferrari 430 Scuderia Owner Details Pricy First Service With $14,000 Bill

A lot of little issues can add up.

The National (Scotland)

Oil ‘globules’ found on some beaches in Isles of Skye and Lewis

The public has been urged to avoid areas of beaches affected by small oil globules in the Western Isles.

Kiplinger

Is Chevron Stock Set for a Rebound?

Chevron stock received its second analyst upgrade in as many days, boosting hopes for a recovery in the lagging energy major.

Capital & Main

It’s Payback Time

New studies call for reparations from oil companies and governments responsible for climate change.

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news in one place.

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Barchart

Crude Rallies on Dollar Weakness and Strong Economic Data

July WTI crude oil (CLN23 ) this morning is up +2.59 (+3.80%), and July RBOB gasoline (RBN23 ) is up +2.85 (+1.17%). July Nymex natural gas (NGN23 ) is down -0.104 (-4.59%). Crude oil and gasoline prices this morning are sharply higher on strong economic data and a decline in...

Reuters

Nigeria's NNPC says it will end monopoly on petrol supplies -local TV

Nigeria's state owned oil company NNPC will soon end its monopoly on petrol supplies, its chief executive told local television on Thursday, a day after it nearly tripled prices at its fuel stations countrywide.

Daily Mirror

Vet makes desperate plea to dog owners about using diffusers in the home

A vet has issued a desperate plea to dog owners about using diffusers in their home following a pet owner's terrifying experience, warning that certain oils could prove fatal

Chicago Sun-Times

Is butter bad for you? What about margarine?

Butter contains short-chain fatty acids like butyric acid that have benefits for gut health and potentially weight management.

The Conversation

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency -- and be a serious contender against the US dollar

The Chinese economy’s sheer size and rapid growth are impressive.

The Hindu

England team bus held up by 'Just Stop Oil' protesters ahead of Lord's Test vs Ireland

England team bus was held up by ‘Just Stop Oil’ protesters protesters while on its way to the Lord’s for the opening day of the one-off Test against Ireland

Daily Record

Easy way to get rid of flies as pest expert explains how to 'repel them instantly'

The expert suggest a number of oils and household products that can help rid your home of the annoying bugs without breaking the bank.

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