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The Latest Breaking News from crude oil

Petrol prices could soon fall to $1.85 but diesel remaining high

Petrol could fall below $1.85 a litre as global prices for crude oil slide. But are retailers passing on the falls?

ABC News

2 Value Stocks Every Investor Will Want to Look at This Summer

Concerns over aggressive interest rate rises to confront multi-decade high inflation, and the risk of an economic recession have all contributed to recent market volatility, leading the stocks of some high-quality companies to trade at attractive valuations. So, we believe fundamentally good value stocks Adam Resources & Energy (AE) and…

StockNews.com

Fuel companies pocket record margins, thanks to Govt excise cuts

As crude oil prices drop faster than pump prices, an unprecedented 60c in every litre of petrol or diesel is going to the fuel retailers – sparking pleas to pass on the savings to consumers.

Newsroom.co.nz

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Robinhood And 3 Other Stocks Insiders Are Selling

US crude oil futures traded higher this morning on Wednesday after dropping sharply in the previous session. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Dow Jones Reverses Lower In Final Hour Of Trading; Oil Continues To Slide

The Nasdaq and S&P 500 led the downside while U.S. crude oil continued to fall below $100 a barrel.

Investors Business Daily

3 Energy Stocks to Buy and 1 to Avoid in July

Oil prices might soar higher as demand continues to outstrip supply. And we think energy stocks Adams Resources & Energy (AE), TotalEnergies (TTE), and Devon Energy (DVN) are well-positioned to benefit from the industry tailwinds and might be solid buys. However, as oil prices have receded lately on recession fears,…

StockNews.com

Quiet Stock Market Session Ahead Of Inflation Report; Crude Oil Takes A Dive

Stock market indexes are running in place in quiet trading while investors await the June CPI.

Investors Business Daily

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Twitter And 3 Other Stocks Insiders Are Selling

US crude oil futures traded sharply lower this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Petrol prices: UK watchdog raises concerns over refinery margins

CMA review found ‘on the whole the fuel duty cut appears to have been implemented’

The Guardian - UK

HP And 3 Other Stocks Insiders Are Selling

US crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

PreMarket Prep: Charting Citigroup's Bearish Call On Crude Oil

A big bank made a big call Tuesday on the price direction of crude oil, and market participants are acting on it in a big way in the trading session. The Call: On Tuesday morning, Citigroup issued a dire warning to owners of crude oil futures and related products, which also…

Benzinga

North America Crude Oil Steps Up With More Supply

Despite a robust list of headwinds faced by producers, including labor shortages and weather-related disruptions, North American crude output is expected to keep climbing and is even poised to set new records.

The Street

Russia's oil is in long-term decline – and the war has only added to the problem

Immediately after Russia’s invasion of Ukraine, world oil prices jumped above US$100 per barrel, hitting US$130 for Brent crude on March 8. The prevailing fear was that substantial Russian supplies would be lost to the world market either through western sanctions or a voluntary decision by Moscow in retaliation to…

The Conversation

Govt. said to remain committed to 6.4% fiscal deficit target for FY23

‘Centre taking steps to deal with high global crude oil prices’

The Hindu

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Benzinga

Crude Oil Analysis Points To Bullish Turnaround

Crude oil experienced a significant drop in price over the past two weeks. This week, however, it appears the energy commodity is bouncing back to the bullish side.

Benzinga

Electronic Arts And 2 Other Stocks Insiders Are Selling

US crude oil futures traded higher this morning on Friday. Investors, meanwhile, focused on some notable insider trades.

The Hindu

Centre raises export tax on petrol, diesel and ATF

The govt. also slapped a ₹23,230/tonne additional tax on domestically produced crude oil to take away windfall gains accruing to producers from high international oil prices

Roll Call

Pallone presses White House to reinstate crude oil export ban - Roll Call

House Energy and Commerce Chairman Frank Pallone Jr. called on President Joe Biden to limit oil exports in response to high gasoline prices.

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news in one place.

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The Hindu

Data | India’s imports from Russia soar amid sanctions

India’s crude oil imports from Russia surged by 286% while coal imports surged by over 345% in the January-April 2022 period

Benzinga

Oil Is Near $111, But Mike Khouw Says This Energy Stock Has Downside

WTI (West Texas Intermediate) crude oil traded above $111 per barrel on Tuesday, adding around 7% over the past three sessions.

Benzinga

Quotient And 3 Penny Stocks Insiders Are Buying

U.S. crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment…

The Hindu

Govt gives marketing freedom to domestic oil producers

New Delhi The government on June 29 decided to give marketing freedom to domestic crude oil producer

Investors Business Daily

OPEC+ Sticks To Script, While Crude Oil Prices Fall In June

Oil-producing nations met as world leaders focus on how to drum up supply amid inflation and recession fears.

Bangkok Post

Why the Oil Fuel Fund is overburdened

The Energy Ministry an-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation…

Benzinga

4 Stocks Under $2 Insiders Are Aggressively Buying: NEXGEL, eFFECTOR Therapeutics And More

U.S. crude oil futures traded higher by over 1% on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall…

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