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The Latest Breaking News from Oil

Breaking Live 14 publishers covering this story in the last 6 hours

44m ago Ahead of Market: 10 things that will decide stock market action on Wednesday
46m ago Explainer: Why have India-US trade talks stalled again and what's next?
47m ago L.A.’s Ports Are the Region’s Biggest Polluters
58m ago Digger channels Kubrick’s Dr. Strangelove for the climate crisis – until its twist
58m ago Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyers

Diabetes Quick Fix: Cioppino (Fish Casserole)

Cioppino is a 20-minute meal. Italian immigrants are credited with bringing this soup filled with a variety of seafood and vegetables to San Francisco.

Tribune News Service · Apr 3, 2023

PBS chef Pati Jinich traces US-Mexico border on 'La Frontera'

Pati Jinich was a political analyst at the Inter-American Dialogue think tank in Washington, D.C., before she became a Emmy-nominated chef and cookbook author. So her primetime PBS culinary docuseries "La Frontera with Pati Jinich," which uses food to showcase stories of the "fronterizos" who live on the U.S.-Mexico border,…

Tribune News Service · Apr 3, 2023

Stocks Set to Open Mostly Lower as Inflation Worries Return after OPEC+ Surprise

June S&P 500 futures (ESM23) are down -0.10%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.61% this morning after three major U.S. benchmark indices rallied on Friday as signs of cooling inflation bolstered hopes that the Fed may be close to ending its rate-hiking cycle.

Barchart · Apr 3, 2023

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Oil prices surge after Opec+ production cuts

Shell and BP saw their share prices rise following a jump in the price of oil.

The Independent UK · Apr 3, 2023

The aerospace industry needs climate-friendly fuel. Can WA help?

Snohomish County and Washington State University have partnered to establish a center in Everett, Washington, to help develop fuels that will allow the commercial aerospace industry to grow as carbon emissions restrictions begin to bite in the decade ahead.

Tribune News Service · Apr 3, 2023

Recipe of the week: prawn, spring onion and curry leaf pancakes

There is something special about a prawn pancake – and this one is an unusual marriage of Korean and Indian traditions, says Sabrina Gidda. I like to eat mine drizzled with some crispy garlic oil.

The Week · Apr 3, 2023

Oil surges 8% after OPEC+ blindsides market with production cut

Oil surged at the week’s open after OPEC+ unexpectedly announced crude output cuts that threaten to tighten the market, delivering a fresh inflationary jolt to the world economy and irking the White House.

The Times of India · Apr 3, 2023

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Oil price surges after surprise Opec+ production cut

Move by world’s largest producers likely to unsettle western nations grappling with inflation

The Guardian - UK · Apr 3, 2023

Oil prices surge as Saudi Arabia leads shock production cuts

Analysts say move will help fill Russian president Vladimir Putin’s war coffers

The Independent UK · Apr 3, 2023

Analysis: Saudi prince pivots to peace after years of war

In the years since Saudi Crown Prince Mohammed bin Salman catapulted to power, it’s hard to find a controversy in the Middle East that doesn’t somehow involve the 37-year-old heir to the throne

The Independent UK · Apr 3, 2023

FTSE 100 Live: FTSE up for sixth straight day; $23bn mining mega-merger proposal rejected; oil prices surge

The price of Brent Crude today surged to near $85 a barrel after Opec+ oil producers announced a surprise output cut of more than one million barrels a day.

Evening Standard · Apr 3, 2023

Budget Bites: Three affordable, seasonal recipes for spring

Time to swap those hearty root vegetables for lighter, greener spring produce, says Hannah Twiggs. Here’s three recipe suggestions that don’t break the bank

The Independent UK · Apr 3, 2023

Malaysia open to talks with Beijing over dispute in South China Sea - PM

Malaysian Prime Minister Anwar Ibrahim on Monday said he was prepared to negotiate with China over a maritime dispute between the two countries, days after a think tank reported Chinese patrolling close to a Malaysian offshore gas project.

Reuters · Apr 3, 2023

OPEC+ slashes output on global recession fears; Australian motorists to be spared Easter pain

Australians hitting the road this Easter are likely to be spared any immediate hit from a bid by the global oil cartel to boost sagging prices.

ABC News · Apr 3, 2023

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The Independent UK · Apr 3, 2023

Oil prices soar on producer output cuts; Asian shares mixed

Oil prices have soared more than 5% after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year

Zenger · Apr 3, 2023

OPEC+ Just Announced Oil Output Cuts In A Surprise Move. Here’s How It Could Really Affect You.

OPEC+ announced an unexpected production cut that will likely give a further boost to oil prices bouncing off their recent lows

ABC News · Apr 2, 2023

Oil prices surge after OPEC+ surprises the market with supply cuts, ASX rises to three-week high

Australian shares rise to their highest level in three weeks, while oil prices surge after a surprise decision by Saudi Arabia and OPEC nations to cut production by more than 1 million barrels per day, and Scott's Refrigerated Logistics is now in liquidation.

Tribune News Service · Apr 2, 2023

OPEC+ makes shock million-barrel cut in new inflation risk

OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy.

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news in one place.

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Tribune News Service · Apr 2, 2023

OPEC+ makes surprise 1 million-barrel oil production cut

OPEC+ announced a surprise oil production cut that will exceed 1 million barrels a day, abandoning previous assurances that it would hold supply steady to maintain a stable market.

The Independent UK · Apr 2, 2023

Saudis to cut oil production by 500,000 barrels per day

Saudi Arabia says it will cut oil production by 500,000 barrels per day from May until the end of 2023

Asharq Al-Awsat · Apr 2, 2023

Saudi Arabia, Russia, Gulf, Arab Countries Announce Voluntary Oil Output Cuts

Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production, with Riyadh saying it would cut output by 500,000 barrels per day (bpd) from May until the end of 2023, state media reported. Russia's deputy prime minister also said Moscow would extend a voluntary cut…

Reuters · Apr 2, 2023

Rough week for Alberta's ruling UCP casts shadow ahead of May election

As Canada's main oil-producing province Alberta prepares for an election next month, its combative Premier Danielle Smith is facing a series of controversies and resignations that could undermine support for her ruling United Conservative Party (UCP), political analysts say.

Al Jazeera · Apr 2, 2023

Iraq, KRG reach deal to resume oil exports: Kurdish official

Turkey had stopped extracting oil from the Kurdish region to its Ceyhan port after Iraq won an arbitration case.

Inverse · Apr 2, 2023

New Squishy 3D-Printing Method Could Make Brain Surgery Safer

Many neurosurgeons practice each surgery before they get into the operating room based on models of what they know about the patient’s brain.

Asharq Al-Awsat · Apr 2, 2023

S&P Revises Oman’s Outlook to ‘Positive’

S&P Global Ratings has revised Oman’s outlook to positive and affirmed its ratings at 'BB', in light of improving fiscal performance. S&P said in its credit rating report on the Sultanate issued Saturday, that the revised outlook came as a result of the reform measures undertaken by the government in…

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