The Latest Breaking News from Oil

Crude Oil Boosted by Outlook for Tighter Global Oil Supplies

October WTI crude oil (CLV23 ) on Wednesday closed up +0.85 (+0.98%), and Oct RBOB gasoline (RBV23 ) closed up +2.04 (+0.79%). Crude oil and gasoline prices Wednesday posted moderate gains, with crude climbing to a 9-1/2 month high. Crude found carryover support from Tuesday when Saudi Arabia and Russia...

Barchart · Sep 6, 2023

Build a Strong Energy Portfolio With 3 Stocks

Saudi Arabia's extended voluntary crude oil production reduction seems to drive the oil and gas industry. Against this backdrop, sound energy stocks Petróleo Brasileiro (PBR), Transportadora de Gas del Sur (TGS), and Repsol (REPYY) could make wise additions to your portfolio. Read on….

StockNews.com · Sep 6, 2023

Ecuador’s presidential candidates should listen to its people on Amazon drilling

Letter: Ecuadorians have voted for a ban but could be disappointed given the power of vested interests, writes Frank Brouwer

The Guardian - UK · Sep 6, 2023

Former oil executive Mark McAllister lined up to be next Ofgem chair

Government choice of energy regulator boss criticised as ‘putting the fox in charge of the hen house’

The Guardian - UK · Sep 6, 2023

3 Energy Stocks to Keep on Your Radar This Month

The energy sector presents a strong prospect for substantial growth this year, driven by surging crude oil prices. Given this backdrop, it might be wise to add quality energy stocks TotalEnergies SE (TTE), PBF Energy (PBF), and Marathon Oil Corporation (MRO) to your watchlist this month. Read on….

StockNews.com · Sep 6, 2023

How to make life much better – my 10 small but satisfying secrets of happiness

From a squirt of Rwandan chilli oil to rolling down a hill and fresh linen, it’s the little things that can make a big difference, writes Arwa Mahdawi

The Guardian - UK · Sep 6, 2023

UN announces ‘climate breakdown’ after record summer heat

Scientists blame ever warming human-caused climate change from the burning of coal, oil and natural gas.

Al Jazeera · Sep 6, 2023

Stock Index Futures Slip on Worries About Economic Slowdown, Interest Rate Outlook

September S&P 500 futures (ESU23) are down -0.23%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.37% this morning as investors worried that higher oil prices might lead to increased inflation and potentially hinder the outlook for global economic growth.

Barchart · Sep 6, 2023

FTSE 100 Live: Darktrace cuts earnings outlook, Barratt Developments results, oil near $90, shares fall

The UK’s average house price fell by 1.9% in August, the largest monthly fall recorded by lender Halifax since November.

Evening Standard · Sep 6, 2023

Stock market today: Asian markets are mostly lower as oil prices push higher

Shares are mostly lower in Asia after a decline on Wall Street as traders returned from a long holiday weekend

The Independent UK · Sep 6, 2023