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The Latest Breaking News from Oil

Breaking Live 9 publishers covering this story in the last 6 hours

Algeria and Chad cement stategic partnership with raft of bilateral deals

Chad and Algeria have signed more than 30 agreements focusing heavily on economic cooperation in the energy sector, with Chadian president hailing a political will to move "from a traditional friendship to a new-generation strategic partnership".

Radio France Internationale · Apr 24

Tokyo workers encouraged to wear shorts to cut energy costs and keep cool

Officials hope more casual attire for public servants will save electricity during Iran war as summer heat approaches

The Guardian - UK · Apr 24

How frustration at Cop stalemates inspires first global talks on phasing out fossil fuels

‘Coalition of the willing’ gathers in Colombia to try to bypass petrostate blockages of Cop summits and chart fresh path

The Guardian - UK · Apr 24

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The Iran war's toll on small businesses

As diesel and fertilizer costs soar, farms and truckers warn consumers will soon feel the pain

Salon · Apr 24

Nasdaq Futures Rally on Upbeat Intel Earnings and Iran Talks Optimism

June Nasdaq 100 E-Mini futures (NQM26) are trending up +1.33% this morning as strong quarterly results and guidance from chipmaker Intel, along with optimism over potential U.S.-Iran talks, boosted sentiment.

Barchart · Apr 24

Ranked: Which countries have had the worst fuel price spikes since the Iran war?

Europe is feeling the pinch after the blockage of the Strait of Hormuz, with stark differences between countries.

Euronews · Apr 24

Oil prices rise again as Iran-US standoff over Strait of Hormuz continues

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The Independent UK · Apr 24

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Fatal Nurburgring accident: what happened to Juha Miettinen, and what comes next

Side-impact collision following oil spill proved fatal during 24h Qualifiers as investigation begins

Motorsport · Apr 24

The US protected ships from Iran in the Strait of Hormuz in the ‘80s. Could it again?

The U.S. Navy has long been familiar with the small boat tactics deployed by Iran’s paramilitary Revolutionary Guard

The Independent UK · Apr 24

Lufthansa Cancels 20,000 Flights to Conserve Fuel, Other Airlines Got Spooked as Well

Lufthansa cancels 20,000 short-haul flights amid a jet fuel crisis caused by the war in Iran, impacting airlines globally. Delta Air Lines remains unaffected due to its oil refinery ownership.

International Business Times UK · Apr 24

Fuel shortages from the Iran war have spread to Europe, but the pain is hitting California and the West Coast as well—and help is years away

California’s refinery closures near Los Angeles and San Francisco are occurring just as the Iran war limits global supply.

Fortune · Apr 24

CCTV captures chaos at Iran hospitals amid strikes; patients and staff seen scrambling

Surveillance footage reveals chaotic scenes in Tehran hospitals during air strikes, with medical staff urgently evacuating patients, including newborns carried in fruit baskets. The ongoing Iran conflict, sparked by Operation Epic Fury, has escalated tensions in the Persian Gulf, disrupting oil shipments and leading to naval confrontations.

The Times of India · Apr 24

Newsletter: At first summit without Orbán, Zelenskyy rejects 'symbolic' EU membership

Also in this newsletter: EU approves €90 billion loan for Ukraine after Hungary lifts controversial veto.

Euronews · Apr 24

Oil prices reach $105 as Iran and US tighten grip on Strait of Hormuz

Stocks in South Korea, China and Hong Kong fell, while Nasdaq and S&P 500 futures advanced

The Independent UK · Apr 24

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The Independent UK · Apr 24

Businesses spend millions on alternative route as Strait of Hormuz crisis continues

Slots go to the highest bidder, with prices soaring in recent weeks

The Guardian - UK · Apr 24

Revealed: UK oil refinery owner moved Russian loans to offshore subsidiary where sanctions did not apply

MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to Mauritius

Woman & Home · Apr 24

Warm Homes Plan update: how this green energy rollout will affect you and your energy bills

New legislation is designed to make energy cheaper – but is it likely to cut costs meaningfully? We asked the experts

The Independent UK · Apr 24

Asian stocks slip, tracking Wall Street losses, and Iran war doubts push oil higher

Shares are mostly lower in Asia, apart from Tokyo, and oil prices have extended gains as talks on ending the war with Iran were stalled

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The Independent UK · Apr 24

Countries to gather in Colombia for summit aimed at breaking fossil fuel reliance

Governments from nearly 50 countries will meet in Colombia’s Caribbean city of Santa Marta to discuss how to move beyond fossil fuels, amid frustration that U.N. climate talks have failed to directly tackle oil, gas and coal production

The Guardian - AU · Apr 24

The Crunch: Children’s TV, Cuba’s dwindling fuel supply, and dating in Singapore

Data crunched on 200 TV shows. Plus: the disturbing world of TikTok child skincare influencers

AAP · Apr 24

ASX logs second week of losses as banks, miners weigh

With no end in sight to the Middle East conflict, investor confidence is fading as soaring energy prices and inflation expectations hammer risk sentiment.

The Conversation · Apr 24

No diesel, no power: why the global oil shock is hitting NZ’s small Pacific neighbours hard

When Tuvalu recently moved to declare a state of emergency, it laid bare a major vulnerability long faced by New Zealand’s small and far-flung Pacific neighbours.

The Independent UK · Apr 24

Trump considers a taxpayer takeover of Spirit Airlines and would aim to resell carrier after oil prices drop

‘I think we just buy it,’ Trump told reporters in the Oval Office on Thursday

The Guardian - AU · Apr 23

Ukraine war briefing: Trump bristles at Prince Harry’s passionate plea for Ukraine

Duke of Sussex says US must ‘honour obligations’ as it persuaded Ukraine to give up nuclear weapons; US president retorts that Harry doesn’t speak for Britain. What we know on day 1,521

Barchart · Apr 23

Soybeans Face Modest Pressure on Thursday

Soybeans saw weakness for much of the Thursday session, with contracts down 1 to 4 ¾ cents. The cmdtyView national average Cash Bean price was down 4 cents at $10.97 1/4. Soymeal futures were mixed, with contracts 20 cents higher to 80 cents lower. Soy Oil futures reverted from midday...

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