The Latest Breaking News from Oil

Harnessing fresh fish in a unique way

Valentine Thomas's amazing recipe takes the flavors and ingredients of chicken and waffles to a whole new dimension

Salon · Apr 27, 2023

Crude Prices Settle Higher on Tight Supplies

June WTI crude oil (CLM23 ) on Thursday closed up +0.46 (+0.62%), and June RBOB gasoline (RBM23 ) closed down -1.98 (-0.79%). Crude oil and gasoline prices Thursday settled mixed, with gasoline falling to a 5-week low. Crude and gasoline have carryover support from Wednesday when the EIA reported weekly...

Barchart · Apr 27, 2023

Venezuelan parliament passes law to seize assets linked to corruption cases

Venezuela's ruling party-controlled National Assembly on Thursday approved a law allowing the government to seize assets linked to corruption cases, as it investigates irregularities at state oil company PDVSA and other state companies.

Reuters · Apr 27, 2023

Iran navy seizes oil tanker in Gulf of Oman

The Advantage Sweet issued a distress call at 1:15 p.m. while in international waters as Iran seized the vessel, the Navy said

The Independent UK · Apr 27, 2023

Climate protesters disrupt BP’s shareholder meeting in London

Oil company’s decision to water down climate commitments prompts backlash from investors at AGM

The Guardian - UK · Apr 27, 2023

Iran seizes oil tanker in Gulf, U.S. Navy says

Iran seized a Marshall Islands-flagged oil tanker in the Gulf of Oman in international waters on Thursday, the U.S. Navy said, the latest in a series of seizures or attacks on commercial vessels in sensitive Gulf waters since 2019.

Reuters · Apr 27, 2023

Nigeria’s NNPC, Norway’s Golar sign MoU on floating gas plant

Africa’s biggest oil producer holds some of the world’s biggest gas reserves and is seeking investment in the sector.

Al Jazeera · Apr 27, 2023

The "game changer" cleaning hack that removes oil stains on clothes in 60 minutes

TikTok users are going crazy for one woman's cleaning hack that gets rid of greasy oil stains on clothing in an hour. Here's what you need to pull it off.

GoodToKnow · Apr 27, 2023

Chile's state lithium push emerges as test for Latam resource nationalism

Chilean President Gabriel Boric's pitch last week to enshrine greater state control over lithium is emerging as the latest test for the resource nationalism embraced by Latin America's ascendant left but which has proven tough to implement in practice.

Reuters · Apr 27, 2023

Ali died days before he could challenge BP’s CEO on the dangers of gas flaring. Don’t let his death be in vain

The 21-year-old Iraqi, who lived by a smoke-choked oilfield, died of cancer. His message must be heard, says journalist Jess Kelly

The Guardian - UK · Apr 27, 2023