The Latest Breaking News from Oil

Hair Booms Trap Pollutants: Chile non-profit turns waste into water filter; Laguna Verde trial traps 15 kg

In an innovative environmental effort, Matter of Trust Chile utilized hair booms and mats to cleanse pollutants, successfully capturing fifteen kilograms of greywater impurities in Laguna Verde. This initiative highlights the clever recycling of hair from salons and pet grooming as a low-cost method to purify waterways, leveraging the natural…

The Times of India · Sep 8

Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz Strait

Goldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further upside with prolonged disruption. Rising geopolitical risks, Strait of Hormuz tensions and supply concerns are keeping oil prices elevated.

The Economic Times · Sep 8

Houthis attack Saudi energy sites, cities, wound 73 as Iran war risks wider escalation

Yemen's Houthis attacked Saudi energy facilities and cities, wounding over seventy people. This escalation highlights the risk of the Iran conflict spreading regionally. Iran warned Gulf energy infrastructure was vulnerable after recent ship attacks. Oil prices climbed to six-week highs as fires erupted at facilities. The coalition vowed to deter…

The Economic Times · Sep 8

Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mount

Goldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East shipping disruptions. It warned Brent could top $120 a barrel in 2027 if Gulf oil output stays 4 million barrels per day below pre-war levels.

The Economic Times · Sep 8

The byelection here in Holborn and St Pancras is Labour’s to lose. But lose it might

The Greens appeal to young and progressive voters here on defence, rent controls and North Sea oil. The Burnham bounce may be about to hit an obstacle, says the Guardian columnist Polly Toynbee

The Guardian - UK · Sep 8

José Pizarro’s recipe for grilled sardines with blackberry escabeche

A winning combination of oily fish, sweet berries and a sharp dressing

The Guardian - UK · Sep 8

3 easy dinners that prove a good dressing changes everything

In the latest Budget Bites, Hannah Twiggs serves up three easy, affordable dinners where punchy homemade dressings do the heavy lifting – with crossover ingredients, minimal waste and less washing up

The Independent UK · Sep 8

Oil beetle larvae mimics flower-like scents to fool bees into feeding and sheltering them, study finds - Researchers reveal how these unusual insects exploit bees’ attraction to floral scents, allowing the larvae to hitch a ride into their nests and survive through a remarkable form of chemical deception in nature

Tiny larvae of oil beetles have developed a fascinating survival tactic: they emit flower-like scents to attract wild bees, allowing them to sneak into bee nests. This discovery highlights a unique form of animal deception, where the beetle larvae utilize specific enzymes to produce these floral compounds, demonstrating the complex…

The Economic Times · Sep 8

Sensex falls 300 points, Nifty below 23,700 as market extends losses. How long will the downtrend continue?

Indian stock markets opened lower on Tuesday, continuing their downward trajectory. The surge in crude oil prices coupled with anxieties over Federal Reserve rate hikes are major contributors to this decline. Moreover, the active IPO market is siphoning off significant capital from traditional stocks. Analysts expect this trend to extend…

The Economic Times · Sep 8

'Strike our assets & you get struck': Iran threatens US energy assets in Gulf after latest clashes

Iran has threatened to retaliate against any new US attacks on its assets, warning that American oil and gas interests and energy infrastructure across the Gulf could be targeted as tensions escalate over the Strait of Hormuz.

The Times of India · Sep 8