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The Latest Breaking News from Oil

Government ‘taxing oil and gas sector to death’, claims trade body

The Chancellor was told Aberdeen was ‘not going down without a fight’.

Evening Standard

Crude Prices Gain on Doubts About a Russian-Ukrainian Peace Deal

Crude Prices Gain on Doubts About a Russian-Ukrainian Peace Deal

January WTI crude oil (CLF26 ) today is up +0.08 (+0.14%), and January RBOB gasoline (RBF26 ) is up +0.0110 (+0.61%). Crude oil and gasoline prices are slightly higher today. Dollar weakness today is boosting crude prices. Also, doubts about a deal to end the Russian-Ukrainian war have sparked some...

COP30: petrostates block climate deal once again, but some countries are taking their own decisive steps to phase out fossil fuels

COP30: petrostates block climate deal once again, but some countries are taking their own decisive steps to phase out fossil fuels

The latest United Nations climate summit (COP30) was held between 10 and 21 November in Belém, Brazil. Although the event did not end with any significant progress towards the goals of mitigating global warming or advancing climate finance, it did leave us with one positive outcome: a group of countries…

The Conversation

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

inkl

Ed Miliband confirms crackdown on North Sea exploration – but new drilling will continue

Strategy paper released with budget allows new oil and gas projects to move ahead if they are linked to existing fields

The Guardian - UK

North Sea plan allows drilling while enabling Labour to keep ‘no new licences’ pledge

‘Tiebacks’ will permit small amount of new fossil fuel extraction, but campaigners want bolder strategy

The Guardian - UK

UK Government to allow oil and gas extraction near existing North Sea fields

Energy Secretary Ed Miliband said it is a ‘world-leading’ plan

Evening Standard

"If heaps of retro charm and a sound that truly stands on its own are what you’re after, then you’ve just found your new delay pedal”: Strymon Olivera Vintage Oil Can Echo pedal review

Strymon proves it's a well-oiled pedal-making machine with yet another knockout delay unit

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TotalEnergies: French court ruling over false climate claims could boost African cases against polluters

TotalEnergies: French court ruling over false climate claims could boost African cases against polluters

A court ruling in France could give African countries more power to hold corporations to account when they pretend to be environmentally friendly. The Paris Judicial Court found global oil and gas giant TotalEnergies guilty of misleading commercial practices, in a case brought by three environmental organisations.

The Conversation

Soybeans Holding Gains on Wednesday Morning

Soybeans Holding Gains on Wednesday Morning

Soybeans are up 1 to 3 cents across the front months on Wednesday morning. Futures were higher at the Tuesday close with contracts up 1 to 3 cents on the day. Open interest was down 6,334 contracts on Tuesday. The cmdtyView national average Cash Bean price was 1 3/4 cents...

Cotton Pushing Higher on Wednesday Morning

Cotton Pushing Higher on Wednesday Morning

Cotton price action is up 10 to 17 cents so far on Wednesday. Futures saw Tuesday gains of 20 to 25 points across most contracts, with in delivery Dec up 99 points. Crude oil futures are down 73 cents per barrel at $58.11 on the day, with the US dollar...

JPMorgan Warns Brent Crude Could Plunge To $30s By 2027 On Global Oversupply

JPMorgan Warns Brent Crude Could Plunge To $30s By 2027 On Global Oversupply

JPMorgan Chase Co. (NYSE:JPM) has warned that a surge in global oil supply could trigger a dramatic crash in prices, potentially cutting Brent crude to the $30-per-barrel range by 2027.

Diagnostic dilemma: A man's muscles looked strangely deformed. Doctors found they were leaking calcium into his blood.

Diagnostic dilemma: A man's muscles looked strangely deformed. Doctors found they were leaking calcium into his blood.

A man showed up to the hospital with vomiting, weakness, failing kidneys and sky-high calcium. The culprit was a muscle-enhancing oil he injected into his chest and arms years ago.

Turner & Constable at the Tate: Who is the greater artist?

Turner & Constable at the Tate: Who is the greater artist?

5/5 This blockbuster at Tate Britain pits the two rivals against each other and sheds new light on their reputations

Evening Standard

This North Sea oil field is being repurposed to store millions of tonnes of CO2 beneath the seabed

This North Sea oil field is being repurposed to store millions of tonnes of CO2 beneath the seabed

When the project begins commercial operations next year, it is expected to become the European Union’s first fully-operational offshore CO2 storage site.

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Your wooden spoons are a lot dirtier than you think — clean and re-condition them with these 3 simple steps

Breathe new life into your wooden utensils with this viral cleanign routine.

The Independent UK

Ambitious plan to store CO2 beneath the North Sea set to start operations

INEOS plans to transform the Nini oil field in the North Sea into a carbon storage site

The Independent UK

‘Cooking helps me remember’: How Dr Clare Bailey Mosley found her way back to the kitchen after losing Michael

Grief can make even boiling an egg feel impossible, but Dr Clare Bailey Mosley tells Ella Walker how returning to the stove – to the chorizo omelettes Michael perfected and the traybakes they fed to a houseful of family – has become a way to stay connected, stay resilient and…

7 things I wish I knew before buying an air fryer

I've used air fryers for years — here are 7 things I wish I knew sooner.

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Cotton Closes Higher on Tuesday

Cotton futures saw Tuesday gains of 20 to 25 points across most contracts, with in delivery Dec up 99 points. Crude oil futures are down 73 cents per barrel at $58.11 on the day, with the US dollar index $0.322 lower to $99.750. Commitment of Traders data, still delayed from...

Soybeans Pop Higher on Tuesday

Soybeans futures were higher at the Tuesday close with contracts up 1 to 3 cents on the day. The cmdtyView national average Cash Bean price was 1 3/4 cents higher to $10.52. Soymeal futures were up $1.70 to $2.80, with Soy Oil futures steady to 13 points higher. USDA released...

Google is Winning the AI Race by Stealing Exxon's Business Model. Here's How.

Alphabet is transforming into the ‘Big Oil’ of AI, and GOOGL stock is crushing its competition in the process.

Crude Prices Undercut by Signs of Progress to End the Russian-Ukrainian War

January WTI crude oil (CLF26 ) on Tuesday closed down -0.89 (-1.51%), and January RBOB gasoline (RBF26 ) closed down -0.0235 (-1.29%). Crude oil and gasoline prices fell to 5-week lows on Tuesday, amid expectations that an end to the Russia-Ukraine war would boost global oil supplies, as restrictions on...

Soybeans Posting Tuesday Gains

Soybeans futures are 1 to 2 cents higher so far at midday. The cmdtyView national average Cash Bean price is 1 ½ cents higher to $10.52 3/4. Soymeal futures are up $2.80 to $3, with Soy Oil futures are 8 to 9 points lower. USDA’s daily flash sale system was...

Cotton Posting Gains at Midday

Cotton futures are trading with 9 to 25 points higher so far on Tuesday’s midday. Crude oil futures are down $1.09 per barrel at $57.73 on the day, with the US dollar index $0.447 lower to $99.620. Export Sales data for the week ending on October 9 showed 157,636 RB...

Plug-In Hybrids Are Outselling Diesel Cars In Europe For The First Time

The days of the oil burners are numbered, as fewer and fewer companies keep them in their lineups.

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