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The Latest Breaking News from Oil

Breaking Live 10 publishers covering this story in the last 6 hours

17m ago 8 Car Maintenance Rules Your Dad Taught You That May Not Apply Anymore
21m ago Gas prices are rising, and Trump blames Ukraine, not his war, for the pain at the pump: ‘No longer the Strait of Hormuz’
39m ago Veteran conservative lawyer quits Trump’s interior department and warns of ‘assault on the rule of law’
42m ago Von der Leyen turns to Europe’s refineries as shrinking capacity raises energy security concerns
44m ago Mexico makes push for fracking despite environmental concerns

Best Oil Stock to Buy Today

Energy sector giant Cheniere Energy (LNG) reported solid fiscal 2023 first quarter results and is well-placed to continue its business momentum this year, driven by high energy demand and the company’s strategic initiatives to boost its production capacity. Given its strong fundamentals, this leading oil stock could be a solid…

StockNews.com · May 9, 2023

IOCL mobilises additional cylinders from neighbouring States to bring down backlog in delivery

In an effort to reduce the backlog in the delivery of liquefied petroleum gas (LPG) cylinders, Indian Oil Corporation Ltd. (IOCL) is bringing in refills from Karnataka, Kerala, Telangana and Puducherry

The Hindu · May 9, 2023

Support for domestic oil production over imports is 'false choice', say campaigners

A MAJORITY of Scots believe that the UK should meet its continuing demand for oil and gas by producing it domestically, according to a new poll.

The National (Scotland) · May 9, 2023

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3 Best Energy Stocks to Buy Now

Increased oil demand from China amid production cuts could raise the growth prospects for the energy sector. Given this backdrop, quality energy stocks North American Construction Group (NOA), Ranger Energy Services (RNGR), and Graham Corporation (GHM) could be solid portfolio additions now. Read on….

StockNews.com · May 9, 2023

Dollar Strength and China Economic Concerns Weigh on Crude Prices

June WTI crude oil (CLM23 ) this morning is down -1.51 (-2.06%), and June RBOB gasoline (RBM23 ) is down -3.37 (-1.37%). June Nymex natural gas (NGM23 ) is down -0.013 (-0.58%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is weighing on energy...

Barchart · May 9, 2023

Can’t-believe-it’s-so-quick aromatic shrimp curry

Great British Menu host Andi Oliver’s Caribbean curry is full of flavour, says Katie Wright

The Independent UK · May 9, 2023

Messi's father refutes rumours of deal to play in Saudi Arabia

Lionel Messi has not "signed or agreed" a deal to play in Saudi Arabia next season, the Argentine's father said after reports on Tuesday linked the Paris St Germain forward with a move to the Middle East.

France 24 · May 9, 2023

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The Best Oil and Gas Stock to Buy Right Now

Constrained supplies and soaring demand for oil and gas have created enduring tailwinds for the energy sector. In addition to the industry tailwinds, prominent energy stock Marathon Petroleum’s (MPC) impressive fundamentals could make it a solid buy this summer. Read on….

StockNews.com · May 9, 2023

Eco-activists Just Stop Oil bring Camden to a standstill

Just Stop Oil activists launched a “come and arrest us” challenge to the Metropolitan Police as they brought Camden to a standstill with their latest slow march protest.

Evening Standard · May 9, 2023

Just Stop Oil protest leaves London commuters feeling 'very angry'

Protesters walked slowly in front of traffic London

Wales Online · May 9, 2023

Saudi oil group Aramco to pay more to state despite profits drop

World’s largest energy company’s first-quarter profits fall by 19% to $32bn after dip in oil prices

The Guardian - UK · May 9, 2023

'Despite invasion, destruction and abandonment Samarkand remains beautiful'

Geoff Hill delves into Samarkand’s beautiful history and rebirth amid huge investment from local tycoon Bakhtiyor Fazilov, who’s made billions from gas, oil and property

Daily Mirror · May 9, 2023

Italian oil firm Eni faces lawsuit alleging early knowledge of climate crisis

Exclusive: Company accused of ‘lobbying and greenwashing’ for more fossil fuels despite knowing of risks

The Guardian - UK · May 9, 2023

Just Stop Oil protesters hold up traffic in latest slow march through London

Activists from the climate action group walked slowly in front of traffic in Camden, North London holding up banners reading "Just Stop Oil", on Tuesday morning

Daily Mirror · May 9, 2023

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The Independent UK · May 9, 2023

Just Stop Oil activists hold up traffic in north London

Police observed the protesters on their walk from Delancey Street to Chalk Farm via Camden Town and did not intervene.

The Independent UK · May 9, 2023

Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B

Oil giant Saudi Aramco has reported a first-quarter profit of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns

Insider UK · May 9, 2023

Most Scots see North Sea energy industry 'as a benefit to economy'

Poll comes as the consultation on the Scottish Government’s Energy Strategy and Just Transition ends

The Guardian - UK · May 9, 2023

‘Mind-boggling’ methane emissions from Turkmenistan revealed

Leaks of potent greenhouse gas could be easily fixed, say experts, and would rapidly reduce global heating

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The Conversation · May 8, 2023

The end of offshore oil and gas exploration in NZ was hard won – but it remains politically fragile

Recent news that the New Zealand government has granted an offshore oil and gas exploration permit it had earlier declined demonstrates how fragile the current ban on such activity still is.

Barchart · May 8, 2023

Crude Prices Close Higher on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) on Monday closed up +1.82 (+2.55%), and June RBOB gasoline (RBM23 ) closed up +8.26 (+3.47%). Crude oil and gasoline prices Monday settled moderately higher. Crude prices rose Monday on carryover support from last Friday's stronger-than-expected U.S. Apr payroll report that eased recession fears...

Salon · May 8, 2023

Turn $50 at TJ's into 5 homemade meals

"A trip to TJ's certainly won't come at the expense of quality — or your paycheck!"

Reuters · May 8, 2023

Rightward slant of UCP candidate slate risks upsetting moderate Alberta voters

As Canada's oil province Alberta gears up for a May 29 election, some political analysts say the candidates being put forward by right-wing premier Danielle Smith's ruling United Conservative Party (UCP) may deter voters more used to moderate conservative lawmakers.

StockNews.com · May 8, 2023

Best Energy Stock to Buy With the Most Potential

Energy drilling services provider Superior Drilling Products (SDPI) shows promising prospects with the growing demand for oil and gas. Hence, this energy stock could be a wise pick now. Let’s look at some of its key metrics….

Barchart · May 8, 2023

Crude Prices Gain on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) this morning is up +1.81 (+2.54%), and June RBOB gasoline (RBM23 ) is up +6.68 (+2.81%). June Nymex natural gas (NGM23 ) is up +0.106 (+4.96%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing today on carryover support...

The Hindu · May 8, 2023

Huge scam exposed in the purchase of diesel by Railways

According to Railways sources, an audit of HSD purchase by the North East Frontier Railway revealed excess payment to the tune of ₹243 crore

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