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The Latest Breaking News from Oil

Michigan accuses big oil of being ‘cartel’ that fuels climate crisis and high energy costs

In first-of-its-kind complaint, state accused four fossil fuel majors and US oil lobbying group of climate disinformation

The Guardian - US

From Ginseng to Camellia: 5 Best Chinese Oils for Hair Health

Chinese beauty remedies are mostly dependent on natural herbs. These traditional practices have attracted attention of people around the world as it treats hair with a soft but effective method. These methods nourish and repair the hair from within. According to traditional Chinese Medicine, good blood circulation and internal harmony…

MyLifeXP

Best foundations for dry skin, tested by a beauty writer

These formulas will help dry skin feel hydrated

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Azerbaijan oil fund leans on gold to protect state reserves

Azerbaijan’s SOFAZ oil fund is benefiting from the continuous rise in gold prices, generating significant revenue for the country. The gains come as sovereign investors worldwide boost gold holdings in response to global instability.

Euronews

Shell will consider fossil fuel investment in Venezuela, says chief executive

Wael Sawan weighs up production project as company reports 22% drop in full-year earnings to $18.5bn but boosts dividends

The Guardian - UK

Shell profits slump by more than a fifth amid oil price rout

The oil giant said full-year underlying earnings dropped 22% to 18.53 billion US dollars (£13.6 billion).

Evening Standard

Why These 6 Indian Snacks Make the Body Feel Safe After Eating

Snacking is not the problem. Poor choices are. In Indian food tradition, snacks were designed with care, balance, and emotional comfort in mind. Long before calorie counting became popular, elders understood how food affects digestion and mood. Many Indian snacks were created to keep the body light, the stomach calm,…

MyLifeXP

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Sanctions having ‘significant impact’ on Russian economy, says EU special envoy

Exclusive: David O’Sullivan says war-based economy may be nearing point of becoming ‘unsustainable’

The Guardian - UK

Ukraine-Russia war latest: ‘Catastrophe’ for Putin as front line cut off from vital Starlink satellites

Elon Musk appears to stop Moscow’s forces using internet service they rely on to operate weapons

The Independent UK

These Smells Snakes Fear and Instantly Run Away From

Snakes do not hear the world the way we do. They do not see expressions or understand fear on a human face. What they understand deeply is smell. Their sense of smell is not limited to their nose. It is powered by their tongue. Every flick of that tongue pulls…

Times Pets

Texas law barring state investment in firms boycotting fossil fuels declared unconstitutional

A judge ruled Senate Bill 13, passed in 2021, violated the First and Fourteenth Amendments. The law prevented state investments in firms it deemed as boycotting oil and gas companies.

The Texas Tribune

Helldivers 2's new Bastion tank absolutely rules — it's amazing and awful all at once, and my new favorite stratagem for spilling Automaton oil

I've put Helldivers 2's new Bastion tank through its paces, and am happy to confirm: it's absolutely awesome.

Windows Central

Cotton Fails to Hold onto Gain on Wednesday

Cotton futures slipped into the Wednesday close, as contracts were down 7 to 12 points in the front months. Crude oil futures were up $1.26 per barrel on the day at $64.47. The US dollar index was up $0.214 to $97.515. Tuesday’s online auction from The Seam showed sales of...

Barchart

Domestic producer worried about gas reservation policy

Australian oil and gas exploration and production company Beach Energy is concerned about the impact of a looming east coast gas reservation policy.

AAP

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The Guardian - US

Chilean olive oil, a Scottish necktie and more: nine Valentine’s gifts Americans haven’t caught on to yet

A Wuthering Heights-inspired cushion beloved in the UK and a Moroccan cooking tagine for two: these gifts show love in every language

The Guardian - UK

Mediterranean diet can reduce risk of stroke by up to 25%, long-term study suggests

Two-decade study indicates a diet rich in olive oil, nuts, seafood and vegetables can cut risk of every type of stroke

Reason

This California Family Is Suing for the Right To Drill for Oil on Their Own Property

“We’re standing up not just for ourselves, but for the principle that government must respect property rights.”

Barchart

Crude Oil Surges on Concerns Over US-Iran Negotiations

March WTI crude oil (CLH26 ) on Wednesday closed up +1.93 (+3.05%), and March RBOB gasoline (RBH26 ) closed up +0.0673 (+3.55%). Crude oil and gasoline prices rallied sharply on Wednesday, with gasoline climbing to a 2.5-month high. Crude prices shook off early losses on Wednesday and surged on news...

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Barchart

Soybeans Rallying on President Trump Post

Soybeans are trading with 25 to 30 cent gains at midday. The cmdtyView national average Cash Bean price is 27 cents higher at $10.27 1/2. Soymeal futures are $3.40 to $3.80 higher, with Soy Oil futures up 10 to 109 points. A phone call between President Trump and China’s President...

Barchart

Cotton Holding Higher on Wednesday

Cotton prices are trading with steady to 8 point gains in the front months on Wednesday. Futures were down 29 to 36 points in the front months on Tuesday. Crude oil futures are up $1.92 per barrel on the day at $65.14. The US dollar index is up $0.269 to...

Texas Observer

The Texas AI Boom Is Outpacing Water Regulations

Each data center can “drink” as much as an entire community. Yet, Texas does not require these tech firms to disclose projected or actual water consumption.

Barchart

Crude Prices Little Changed Awaiting US-Iran Negotiations

March WTI crude oil (CLH26 ) today is down -0.06 (-0.09%), and March RBOB gasoline (RBH26 ) is up +0.0154 (+0.81%). Crude oil and gasoline prices are mixed today in hopes that negotiations between Iran and the US will ease tensions in the Middle East. Also, today's dollar strength is...

Barchart

Cotton Futures Getting A Wednesday Morning Bounce

Cotton prices are up 15 to 21 points in the nearbys on Wednesday morning. Futures were down 29 to 36 points in the front months on Tuesday. Crude oil futures were up $1.76 per barrel on the day at $63.90 after the US shot down an Iranian drone in the...

Barchart

Soybeans Slipping Back to Start Wednesday

Soybeans are showing 1 to 2 cent losses in the front months on Wednesday morning. Futures posted 4 to 5 ½ cent gains on Tuesday. The cmdtyView national average Cash Bean price was 4 3/4 cents higher at $10.00 1/2. Soymeal futures were $1.40 to $2.60 lower, with Soy Oil...

The Independent UK

Norwegian skier hands IOC a petition to 'ski fossil free' ahead of the Olympics

Norwegian skier Nikolai Schirmer has handed the International Olympic Committee a petition signed by more than 21,000 people who want to stop fossil fuel companies from bolstering their reputations by sponsoring winter sports

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