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The Latest Breaking News from Oil

Planning a European Holiday in 2027? Ryanair Warns Air Fares Are Set to Rise 'Materially'

Ryanair warns travellers of potential fare increases for 2027 European flights due to high oil prices, impacting low-cost travel. The airline plans winter schedule cuts to mitigate fuel cost effects.

International Business Times UK · Sep 2

FTSE 100 falls as higher oil prices add to investor worries

Evening Standard · Sep 2

Scottish Government 'must rule out support for new oil and gas after UN warning'

A CHARITY has urged the Scottish Government to rule out support for new oil and gas fields after the UN warned that the world is set to breach a…

The National (Scotland) · Sep 2

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Plains All American Stock Is a Top Pick for Growth and Income

Plains All American Pipeline (PAA) demonstrates strong technical momentum, with shares up more than 45% over the past year. The stock is trading at a new 5-year high. PAA boasts a 6.54% dividend yield, which adds to its appeal. PAA’s crude oil and NGL segments are positioned for volume-driven growth,...

Barchart · Sep 2

Marco Rubio Went Before a Venezuelan Audience to Defend Delcy Rodríguez and Alejandro Betancourt But The Questions Got Uncomfortable

Secretary of State Marco Rubio turned to a respected familiar voice to Venezuelans this week as the Trump administration faced mounting criticism over its cooperation with interim Venezuelan leader Delcy Rodríguez and its decision to place controversial businessman Alejandro Betancourt at the center of a historic oil agreement.

Latin Times · Sep 2

The Latest: Chevron expanding in Venezuela as Trump deal claims more oil reserves

Oil giant Chevron is expanding its operations in Venezuela as some details emerge about President Donald Trump's separate deal for a U.S.-controlled joint venture to develop more of the nation's proven reserves

The Independent UK · Sep 2

Fears of an Extended US-Iran Conflict Boost Crude Oil Prices

October WTI crude oil (CLV26 ) is up +0.43 (+0.48%) today, and October RBOB gasoline (RBV26 ) is up +0.0126 (+0.40%). Crude oil and gasoline prices are moving higher today, with crude oil posting a fresh 6-week high. Crude has support as hostilities escalated between the US and Iran, raising...

Barchart · Sep 2

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Stocks Push Higher as Crude Oil and Bond Yields Stabilize

The S&P 500 Index ($SPX ) (SPY ) is up by +0.50% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.79%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.17%. E-mini S&P futures (ESU26 ) are up +0.49%, and September E-mini...

Barchart · Sep 2

Rising global bond yields, FCNR-B inflows and SEBI's CAS to shape market dynamics: HDFC Securities CEO Dhiraj Relli

India is grappling with rising global bond yields and surging oil prices, which are heightening imported inflation. These economic challenges pose a threat to sustained corporate profits. Meanwhile, SEBI's auction initiative aims to bolster market integrity and enhance price discovery. Although RBI's new deposit guidelines provide some temporary relief amidst…

The Economic Times · Sep 2

Trump ally defends Venezuela oil deal amid ‘gunpoint diplomacy’ criticism

Energy secretary Chris Wright denies US seeks to ‘take’ country’s oil, saying deal is transformation of relations

The Guardian - UK · Sep 2

Dollar Erases Early Gains as Crude Oil and T-note Yields Move Lower

The dollar index (DXY00 ) fell from a 2.5-week high today and is down by -0.11%. The dollar gave up an overnight advance and turned lower today when WTI crude oil dropped from a 6-week high and moved lower, which eased inflation expectations, a dovish factor for Fed policy. The...

Barchart · Sep 2

Just Stop Oil send clear message to Burnham with Westminster protest

IN FULL

The Independent UK · Sep 2

More North Sea oil drilling won't create jobs in Aberdeen, report finds

LIVING standards in Aberdeen have fallen below the UK average for the first time since 2003 – but more North Sea drilling will not mean more jobs…

The National (Scotland) · Sep 2

Just Stop Oil protest causes traffic chaos outside Parliament during Burnham’s first PMQs

Around 30 demonstrators staged a protest in the road by Parliament Square on Wednesday

The Independent UK · Sep 2

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International Business Times · Sep 2

Chevron To Invest Billions And Double Oil Production In Venezuela After U.S. Deal

The company will invest $7 billion in the country over the next five years.

Barchart · Sep 2

Stocks Stabilize as Crude Oil Prices and Bond Yields Ease

The S&P 500 Index ($SPX ) (SPY ) is up by +0.16% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.20%. E-mini S&P futures (ESU26 ) are up +0.10%, and September E-mini...

Evening Standard · Sep 2

Just Stop Oil protest outside Parliament during Burnham’s first PMQs

Around 30 demonstrators staged a demonstration in the road by Parliament Square.

The Economic Times · Sep 2

Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailors

Saudi Arabia reported an Iranian attack on a national oil tanker. This incident tragically killed two Filipino seafarers on Monday. The supertanker Sidr was hit while transiting the Strait of Hormuz. Saudi Arabia stressed the necessity of halting escalations and respecting maritime safety. This follows previous attacks on Bahri vessels…

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The Economic Times · Sep 2

Ships adopt makeshift anti-drone defences as Black Sea attacks intensify

To counter the escalating risk of drone assaults from Russia and Ukraine in the Black Sea, vessels passing through the Bosphorus are equipping themselves with additional protective gear like nets and water tanks. This strategic shift follows Ukraine's heightened offensive on Russian export facilities starting in July. Although certain precautions…

Evening Standard · Sep 2

Just Stop Oil are back: Protesters block road outside Parliament as Andy Burnham makes PMQs debut

Around 60 protesters block traffic outside Westminster as Met Police make arrests

The National (Scotland) · Sep 2

Just Stop Oil return with protests outside House of Commons

ACTIVISTS from Just Stop Oil have staged a protest with a road closure outside Parliament to coincide with Andy Burnham's first PMQs

The Guardian - UK · Sep 2

Taxing the banks: what Europe’s windfall levies brought in as Burnham eyes his next move

Ahead of a crucial budget, four countries’ experiments offer a mixed verdict on how to tax bumper profits

Barchart · Sep 2

Cotton Collapsing on Wednesday Morning

Cotton price action is down 250 to 350 early on Wednesday morning. Futures posted Turnaround Tuesday losses of 115 to 169 points at the Tuesday close. Crude oil was $4.92 per barrel higher on the day, with the US dollar index up $0.235. Weekly Crop Progress data showed 89% of...

International Business Times · Sep 2

The U.S. Has a New Strategy To Target Iranian Oil: 'Tanker For Tanker'

The U.S. military targeted two Iranian tankers on Tuesday as hostilities around the Strait of Hormuz escalate again.

The Economic Times · Sep 2

Indian bonds join global debt selloff, bruised by oil and US Treasury yields

Indian government bonds faced further declines for the fifth consecutive session as U.S. Treasury yields approached three-year peaks. The surge in oil prices reignited inflation concerns, particularly impacting India due to its status as a major importer. This scenario intensified expectations for monetary policy adjustments by the RBI. Critical upcoming…

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