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The Latest Breaking News from Oil

In Texas, ex-oil and gas workers champion geothermal energy as a replacement for fossil-fueled power plants

Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.

The Texas Tribune

Fire in private oil storage plant in Vijayawada; no casualties

Fire breaks out in private oil storage unit in Vijayawada, no casualties reported, cause of fire under investigation.

The Hindu

South Sudan on the brink after oil exports derailed by Sudan’s civil war

Experts say that a halt in oil production could escalate already acute levels of violence and insecurity in South Sudan.

Al Jazeera

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Indian Refiners Increase US Crude Purchases Amid Russia Sanctions

Indian refiners increase US crude oil purchases to diversify from Russian imports amidst global energy market disruptions.

Top News

Oil Prices Rise On Expectations Of Tighter Supply

Learn about the factors driving the recent surge in oil prices and the outlook for the market.

Top News

Goldman Sachs unveils commodity price targets ahead of rate cuts

Here's what could happen to oil, gold, and copper prices next.

The Street

Crude Oil: Is Oil Preparing for Higher Prices?

Late December's tax-driven selling pressures drove oil prices down. As if on cue, seasonal buying pressure emerged, injecting a fresh wave of optimism into the crude oil market. This demand is not without purpose; it marks the onset of preparations for the impending summer driving season. Refiners embark on a…

Barchart

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Crude Closes Higher on the Outlook for OPEC+ to Maintain Production Cuts

May WTI crude oil (CLK24 ) on Monday closed up +1.32 (+1.64%), and May RBOB gasoline (RBK24 ) closed up +1.14 (+0.42%). On Monday, crude oil and gasoline prices posted moderate gains on a weaker dollar. Crude oil prices are also seeing support from expectations that global crude supplies will...

Barchart

Best anxiety bracelets for serene self-soothing

Anxiety relief for when the wobbles strike

Evening Standard

MPs and activists challenge claim North Sea oil and gas supports 200,000 jobs

Government has repeatedly used figure to justify more fossil fuel developments despite climate crisis

The Guardian - UK

Crude Oil Gains on the Outlook for OPEC+ to Maintain Production Cuts

May WTI crude oil (CLK24 ) this morning is up +1.42 (+1.46%), and May RBOB gasoline (RBK24 ) is up +1.92 (+0.71%). Crude oil and gasoline prices today are trading higher on a weaker dollar. Crude oil prices are also seeing support from expectations that global crude supplies will remain...

Barchart

Texas energy companies are betting hydrogen can become a cleaner fuel for transportation

Supporters say developing hydrogen as a fuel is critical to slowing climate change. Critics are concerned that producing it with fossil fuels will prop up the oil and gas industry.

The Texas Tribune

Boeing boss Dave Calhoun to step down; EU to investigate Alphabet, Apple and Meta – as it happened

Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out

The Guardian - UK

Libya to investigate claims oil smuggling is fuelling Sudan civil war

Authorities to launch inquiry into allegations of mismanagement at country’s national oil corporation

The Guardian - UK

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Top News

Oil Prices Surge Due To Geopolitical Risk And Supply Concerns

Learn about the surge in global oil prices driven by geopolitical tensions and rising demand, leading to market volatility and uncertainty.

Barchart

Will an Economic Rebound in China Lift Prices?

After reaching a record high in 2022, coal prices have come back down to earth. Coal for delivery in Newcastle, Australia, and Rotterdam, the Netherlands, has traded in a range in 2023, well below the 2022 high.

Evening Standard

A1(M) reopens northbound after 'significant' oil spill between Stevenage and Welwyn

Police urged drivers to avoid the area

Motor1

Video Shows How to Kill Ford's Legendary 5.8-Liter Windsor V-8 Engine

Spoiler alert: Some of the pistons are rusted to the walls.

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news in one place.

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Top News

Iraq-Turkey Pipeline Still Stalled, No Progress In Sight

The closure of the Iraq-Turkey pipeline has significant economic implications, raising concerns about its long-term impact on both countries' economies and...

International Business Times

Senegal Votes For New President After Years Of Crisis

The Senegalese go to the polls on Sunday to elect a new president in a totally unpredictable race after three years of turmoil and political crisis.

Barchart

5 Top Energy ETFs to Consider as Oil Prices Climb

Here are five top energy ETFs investors can consider buying in 2024 to benefit from higher oil prices.

Woman & Home

How to use banana peels in your garden – 6 ways to improve soil and plants

The simple ideas sustainable gardeners embrace to use banana peels to nourish their garden

The Guardian - AU

Ukraine war briefing: fire breaks out at Russian oil refinery after drone attack

Russia reports several drone attacks overnight with one causing a blaze in Samara region. What we know on day 759

International Business Times

Venezuela MPs Approve Creation Of State In Disputed Essequibo

Venezuela's parliament has approved a law creating a federal state in the disputed oil-rich area of Essequibo across the border in Guyana, which on Friday slammed a "flagrant violation" of its sovereignty.

Barchart

Crude Oil Prices Undercut by a Stronger Dollar

May WTI crude oil (CLK24 ) on Friday closed down -0.44 (-0.54%), and May RBOB gasoline (RBK24 ) closed up +0.48 (+0.08%). Crude oil and gasoline prices on Friday settled mixed. Energy prices Friday were under pressure from a rally in the dollar index to a 5-week high. Energy prices...

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