The Latest Breaking News from Oil

Baghdad and KRG Close to Deal to Resume Iraq’s Northern Oil Exports

Iraq's federal government and the Kurdistan Regional Government (KRG) are close to striking a deal aimed at resuming northern oil exports, four sources familiar with the discussions told Reuters on Saturday. Türkiye stopped pipeline flows from the Kirkuk fields in northern Iraq's semi-autonomous Kurdistan region to its port of Ceyhan…

Asharq Al-Awsat · Apr 2, 2023

New oilfield in the North Sea would blow the UK’s carbon budget

Campaigners say Rosebank, with a potential yield of 500m barrels, would seriously undermine legal commitment to net zero

The Guardian - UK · Apr 1, 2023

Harvard professor’s fossil fuel links under scrutiny over climate grant

Colleagues and students query role of Jody Freeman, who won prestigious research grant despite sitting on ConocoPhillips board

The Guardian - US · Apr 1, 2023

Scot amongst protestors spared jail over ‘reckless’ Grand Prix track invasion

The group from Just Stop Oil climate change protesters avoided prison after invading a track at Silverstone risking “serious harm” to Formula One drivers and marshals.

Daily Record · Mar 31, 2023

Just Stop Oil protesters in court over Silverstone track invasion

Just Stop Oil climate change protesters have been before Northampton Crown Court after a track invasion at last year’s British Grand Prix

Wales Online · Mar 31, 2023

2 Stocks Running out of Steam

The risk of an economic downturn is rising due to high inflation, bank failures, and interest rate hikes. Moreover, as oil and gas companies face volatile costs and uncertainties around labor and material supply, avoiding fundamentally weak stocks, Delek Logistics (DKL) and Calumet Specialty Products (CLMT) could be a wise…

StockNews.com · Mar 31, 2023

Just Stop Oil protesters spared jail over ‘reckless’ Silverstone track invasion

High Court judge Mr Justice Garnham said the actions of the activists posed a risk of serious injury or even death.

The Independent UK · Mar 31, 2023

Crude Prices Gain on Strength in China's Economy and Reduced Iraqi Exports

May WTI crude oil (CLK23 ) this morning is up +0.79 (+1.06%), and May RBOB gasoline (RBJ23 ) is up +3.74 (+1.42%). May Nymex natural gas (NGK23 ) is up +0.100 (+4.75%). Crude oil and gasoline prices this morning are moderately higher. Crude prices have support on reduced global oil...

Barchart · Mar 31, 2023

Buffett's Slow Acquisition of Occidental Petroleum Continues

On Monday Berkshire Hathaway filed with the SEC it had purchased more shares in Occidental Petroleum. It now has about 23.6% of the oil and gas company. What does he see in the company?

Barchart · Mar 31, 2023

3 Affordable Energy Stocks Under $10 to Invest in Before It's Too Late

Despite the current macroeconomic volatilities, growing demand for oil and its tightened supply could favor the energy sector. Against this backdrop, affordable energy stocks W&T Offshore (WTI), Berry Corporation (BRY), and Obsidian Energy (OBE), trading under $10, might be wise picks for investors now. Read on….

StockNews.com · Mar 31, 2023