The Latest Breaking News from Oil

Court orders Estonian state energy firm to halt shale oil plant construction

Judges rule environmental impact in Narva-Jõesuu had not been fully assessed after activists brought case

The Guardian - UK · Oct 12, 2023

Japanese automaker Toyota and energy company Idemitsu to cooperate on EV battery technology

Japan’s top automaker Toyota and Idemitsu, a major oil company, say they will cooperate on technology for mass production of solid-state batteries that promise to be a key component in future electric vehicles

The Independent UK · Oct 12, 2023

Biden under pressure to refreeze $6bn in Iranian oil money after Hamas attack

Five Democrats join Republicans in calls to renege on agreement unless it is proved country wasn’t involved in assault

The Guardian - US · Oct 11, 2023

3 Stocks Investors Are Chasing Aggressively

The energy demand has been rising globally, boosting the demand for energy services. Moreover, the energy services industry is expected to benefit from the transition to cleaner energy sources. Amid this backdrop, it could be wise to buy fundamentally strong stocks REX American Resources (REX), Profire Energy (PFIE), and NCS…

StockNews.com · Oct 11, 2023

Exxon reinforces support for fossil fuels with deal to buy shale giant for $60bn

Deal to buy Pioneer Natural Resources shows Exxon’s confidence that fossil fuel output will not be hampered in years to come

The Guardian - US · Oct 11, 2023

3 Energy Stocks Investors Are Snapping Up This Week

The global energy landscape is transforming, with record-breaking oil demand, surging natural gas production, and an ever-accelerating shift towards electrification. Hence, fundamentally sound energy stocks USA Compression Partners (USAC), Western Midstream Partners (WES), and CrossAmerica Partners (CAPL), which have garnered heightened attention from investors, might be solid buys this week.…

StockNews.com · Oct 11, 2023

Crude Prices Tumble as Israeli Conflict Has Limited Effect on Middle East Crude Supplies So Far

November WTI crude oil (CLX23 ) this morning is down -2.76 (-3.21%), and Nov RBOB gasoline (RBX23 ) is down -5.89 (-2.61%). Nov WTI crude oil and gasoline prices this morning are sharply lower on signs the war between Israel and Hamas will have a limited impact on oil flows...

Barchart · Oct 11, 2023

Just Stop Oil pair jailed over Queen Elizabeth II Bridge protest lose Supreme Court appeal bid

Morgan Trowland and Marcus Decker caused traffic chaos after using ropes and other climbing gear to scale the Dartford crossing

Evening Standard · Oct 11, 2023

Rising oil prices, surging inflation: The Arab embargo 50 years ago weaponized oil to inflict economic trauma – sound familiar?

Fifty years ago, a secret deal among Arab governments triggered one of the most traumatic economic crises to afflict the United States and other big oil importers.

The Conversation · Oct 11, 2023

Just Stop Oil pair jailed over bridge protest lose Supreme Court appeal bid

Morgan Trowland and Marcus Decker were jailed after using ropes and other climbing gear to scale the Queen Elizabeth II Bridge.

The Independent UK · Oct 11, 2023