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The Latest Breaking News from Oil

How Canada-Cuba relations must navigate the dangers of the U.S. embargo

The United States government recently announced it will allow companies to resell Venezuelan oil to Cuba amid a severe fuel shortage on the island. Earlier this year, the U.S. cut off oil shipments to Cuba from its main supplier, Venezuela, after American forces abducted that country’s president.

The Conversation

Crude Oil Prices Whipsaw Higher on Tense US-Iranian Nuclear Talks

April WTI crude oil (CLJ26 ) today is up +1.01 (+1.54%), and April RBOB gasoline (RBJ26 ) is up +0.0256 (+1.14%). Crude oil and gasoline prices recovered from early losses and whipsawed higher on signs that talks between the US and Iran remain tense, sparking fears that the US could...

Barchart

Diamondback Sees Resilient Demand Despite Cautious Guidance

Diamondback Energy’s mixed earnings were offset by dividend growth and a constructive oil outlook that could support further upside for FANG stock

MarketBeat

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Why Croatian olive oil might be the Mediterranean’s best-kept secret

Croatia is hardly the first country shoppers think of when reaching for olive oil, yet those in the know speak about it with near-evangelical zeal. Amira Arasteh examines why one of the Mediterranean’s least discussed producers may also be among its most impressive

The Independent UK

‘This reform is a disaster’: Climate groups slam Germany for scrapping renewable heating law

A revision of an existing law will now allow homeowners to use oil and gas as heating fuel instead.

Euronews

How Bobby Deol Stays Fit at 57: Dr. Pal Reveals Diet Secrets

Bobby Deol is the Bollywood icon who stole the hearts of fans all over India through his chiselled body and poignant acting skills. Indeed, his role as an antagonist, Abrar Haque, in the film Animal received widespread acclaim. His muscular presence and sharp look were the icing on the cake.…

Times Life

Cotton Slipping Early on Thursday

Cotton price action is down 15 to 30 points on Thursday morning. Futures posted gains of 61 points across the front months at the Wednesday close. Crude oil futures are down 6 cents per barrel on the day at $65.57. The US dollar index was down $0.170 at $97.600. The...

Barchart

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Santander ‘quietly dilutes’ targets to cut emissions in oil and gas financing

The banking group said it had updated its climate alignment targets to reflect the ‘real pace of transition’ to a greener future.

Evening Standard

What we know so far about the deadly boat shooting off Cuba’s coast

Cuba says it thwarted armed exiles on a Florida-registered speedboat who were trying to infiltrate from the US

The Guardian - AU

Newsletter: Top trade MEP wants 'written' US commitment to EU trade deal

Also in this newsletter: The latest on the deepening Druzhba oil pipeline feud, and the UK is on a charm offensive to be included in the EU’s “Made in Europe” industrial strategy.

Euronews

Cotton Holds Gains into the Close

Cotton futures posted gains of 61 points across the front months at the Wednesday close. Crude oil futures are down 6 cents per barrel on the day at $65.57. The US dollar index was down $0.170 at $97.600. The Seam showed sales of 25.330 bales sold on 2/24, averaging 61.69...

Barchart

Soybeans Rally with the Help of Meal

Soybeans were supported by strength in soybean meal on Wednesday, with contracts up 8 to 10 cents. The cmdtyView national average Cash Bean price was up 10 cents at $10.85 1/2. Soymeal futures are $4.40 to $7.60 in the front months, with. Soy Oil futures up 7 to 23 points...

Barchart

Cuba says it killed heavily armed exiles who attacked from US-registered speedboat

Rare clash off island’s coast took place amid US oil embargo and heightened tensions between two countries

The Guardian - UK

Judge says he will order Greenpeace to pay an expected $345 million in oil pipeline protest case

A North Dakota judge will order several Greenpeace entities to pay an expected $345 million to a pipeline company in connection with protests against the Dakota Access oil pipeline nearly a decade ago

The Independent UK

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The Independent UK

After years of legal wrangling, Enbridge begins rerouting pipeline around Wisconsin reservation

After years of legal wrangling, energy company Enbridge has finally started rerouting an aging oil pipeline around a tribal reservation in northern Wisconsin

The Independent UK

Following in Mexico’s footsteps, Canada promises food aid to Cuba amid US fuel blockade

’This is Canadian foreign policy,’ Foreign Affairs Minister Anita Anand said, ‘We are focused on the humanitarian situation’

Barchart

Crude Oil Prices Pressured by a Surge in Weekly EIA Inventories

April WTI crude oil (CLJ26 ) on Wednesday closed down -0.21 (-0.32%), and April RBOB gasoline (RBJ26 ) is up +0.0152 (+0.68%). Crude oil and gasoline prices gave up an early advance on Wednesday and settled mixed. Wednesday's bearish EIA inventory report weighed on crude oil prices. However, dollar weakness...

Capital & Main

Colorado’s Oil and Gas Industry Is Vastly Underestimating Methane Emissions

Watching from the sky, researchers find planet-warming pollutants leaking into the atmosphere are undercounted by at least two times.

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Euronews

EU asks Ukraine to repair Druzhba pipeline as Croatia offers alternative route

The Adria pipeline through Croatia is the most viable alternative to provide oil to Hungary and Slovakia while Druzhba is being repaired, the European Commission said on Wednesday after an experts' meeting.

Clever Dude

10 Beard Habits Men Picked Up This Year That Women Call Instant Icks

A great beard can signal confidence, maturity, and style in one bold move. A bad beard habit can undo all of that in seconds. Facial hair has never enjoyed more attention. Barbers sculpt sharp lines, social media showcases elaborate routines, and entire store aisles overflow with oils, balms, and gadgets…

The Guardian - AU

Marrow me! Alice Zaslavsky’s zucchini schnitzels (or, how to use up a 1kg marrow) – recipe

With zucchini season in full swing, Alice Zaslasvky double-crumbs the green veg for courgettes you won’t forget

Latin Times

Trump Admin Reportedly Planning To Allow Energy Companies To Sell Fuel To Cuban Private Companies While Still Blocking The Regime

The Trump administration is planning to allow energy companies to sell fuel to private businesses in Cuba while continuing the blockade of the regime, according to a new report.

The Guardian - UK

First Thing: Trump claims a year of wins and attacks old foes in longest State of the Union

President’s address was littered with false and misleading claims. Plus, how Trump’s big climate finding repeal could actually hurt big oil

The Guardian - US

Trump touts ‘drill, baby, drill’ agenda – but no mention of climate crisis

President derided Biden’s ‘green new scam’ during State of the Union address, and hailed the rise in US oil production

Euronews

Watch the video: 'Friendship' pipeline is tearing Europe apart — but why?

In the 1960s, the Soviet Union built one of the longest oil pipelines in the world to supply Warsaw Pact states. It was called Druzhba, which translates to "friendship." Right now, that friendship pipeline is tearing Europe apart.

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