The Latest Breaking News from Oil

Shell cuts hundreds of contractors amid 'ruthless' shake-up by new CEO

Wael Sawan has laid out plans for a 'ruthless focus on performance, discipline and simplification'

Evening Standard · Oct 20, 2023

Israel-Hamas conflict: How high could oil prices go in worst-case war scenario?

War in the Middle East could cause the oil price to surge to $140 a barrel and bring the world to the brink of a recession, according to Ana Boata, head of economic research at Allianz Trade.

The Times of India · Oct 20, 2023

Scorsese’s Killers of the Flower Moon describes the struggles of the Osage people. Here’s why they are still fighting

Hundreds of Native Americans were murdered for their oil in the 1920s. But they’re still battling the US government for what is theirs, says journalist and film-maker Greg Palast

The Guardian - UK · Oct 20, 2023

Crude Rises as Middle Eastern Geopolitical Risks Outweigh Venezuelan Oil Exports

November WTI crude oil (CLX23 ) on Thursday closed up +1.05 (+1.19%), and Nov RBOB gasoline (RBX23 ) closed up +0.82 (+0.35%). Nov WTI crude oil and gasoline prices on Thursday settled moderately higher, with gasoline posting a 2-week high. A weaker dollar Thursday was supportive of energy prices. Crude...

Barchart · Oct 19, 2023

AI might help detect spoiled food

"Fortunately, both nature and the food industry have an excellent shield against rancidity — antioxidants"

Salon · Oct 19, 2023

Steps in place to check price rise during festival season: Centre

Centre says it has taken measures to keep prices of essential items stable during festival season: export duty on parboiled rice till March 2024, offloading 50 lakh tonnes wheat, NAFED, NCCF, Kendriya Bhandar selling atta at ₹27.50/kg, edible oil prices expected to remain stable

The Hindu · Oct 19, 2023

Crude Slightly Higher on Geopolitical Risks in the Middle East

November WTI crude oil (CLX23 ) this morning is up +0.08 (+0.09%), and Nov RBOB gasoline (RBX23 ) is up +0.55 (+0.23%). Nov WTI crude oil and gasoline prices this morning are slightly higher, with gasoline posting a 2-week high. A weaker dollar today is supportive of energy prices. Crude...

Barchart · Oct 19, 2023

Biden Administration To Ease Sanctions On Venezuela’s Oil Sector

Shift in US Foreign Policy as Biden shows willingness to negotiate with Maduro's regime.

Zenger · Oct 19, 2023

CBD: why recommended daily dose was lowered from 70mg to 10mg by food regulator

Since 2018 when the UK parliament passed legislation legalising CBD, the non-psychoactive component of cannabis, sales of CBD-related products have skyrocketed. Today, you can buy CBD oil, CBD vape pens, CBD coffee, CBD muffins to go with your CBD coffee … CBD everything. And these products are often sold with…

The Conversation · Oct 19, 2023

Just Stop Oil protesters stop coach taking migrants to Bibby Stockholm barge

Protesters say they have stopped coach arriving at Bibby Stockholm barge

Evening Standard · Oct 19, 2023