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The Latest Breaking News from Oil

Asian Markets Track Wall St Losses After Blockbuster US Jobs Report

Asian markets tumbled Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while oil extended a rally sparked by new sanctions on Russia's energy sector.

International Business Times

Russia forms emergency taskforce as oil spill continues to grow in southern region

Emergency task force arrives to clean up Krasnodar region on Sunday

Evening Standard

From watts to warheads: Secretary of energy oversees big science research and the US nuclear arsenal

The U.S. Department of Energy was created in 1977 by merging two agencies with different missions: the Atomic Energy Commission, which developed, tested and maintained the nation’s nuclear weapons, and the Energy Research and Development Administration, a collection of domestic energy research programs.

The Conversation

From analysis to the latest developments in health,
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Clever Things That Are Actually Life-Changing for Anxious AF People

Discover life-changing products designed to help you find calm amid chaos. From sensory fidget tools to calming rituals, boost your relaxation today.

Inverse

Russia forms an emergency task force as Kerch Strait oil spill continues to spread

An emergency task force has arrived in Russia’s southern Krasnodar region to deal with the continuing consequences of an oil spill in the Kerch Strait last month

The Independent UK

Russia-Ukraine war: List of key events, day 1,053

Here are the key developments on the 1,053rd day of Russia’s full-scale invasion of Ukraine.

Al Jazeera

Ukraine Strikes Russian Oil Refinery In Drone Attack

Ukraine's drone attack on Russia's Taneco refinery escalates conflict, impacting military operations and oil infrastructure.

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Maduro Sworn In Amid International Condemnation And Crackdown

Venezuelan President Maduro's controversial third term inauguration sparks international condemnation and political turmoil. Biden defends decision on sanc...

Top News

Understanding Russia's Shadow Fleet And Oil Price Cap

Learn how Russia's shadow fleet of tankers evades sanctions to maintain oil revenue.

Top News

No stone left unturned for makers of Paris region's first olive oil

When life gives you olives, make olive oil. That's exactly what a group of neighbours on the outskirts of Paris have done – turning fruit from their garden trees that was dropping to waste into the region's very first olive oil.

Radio France Internationale

Biden Expands Sanctions On Russia's Energy Sector

Biden administration expands sanctions on Russia's energy sector to pressure Moscow over Ukraine conflict, targeting oil and LNG industries.

Top News

'Landman' season finale could make or break this show for me — here's why

The "Landman" season 1 finale could make or break my interest in this show for season 2.

Tom’s Guide

Bring North Sea oil and gas under greater public control, report urges

Common Wealth thinktank warns that communities and taxpayer may have to pick up pieces when production ends

The Guardian - UK

Los Angeles is on fire and big oil are the arsonists

Every barrel of oil, every cubic meter of gas, and every ton of coal burned brings us closer to environmental catastrophe

The Guardian - US

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The Guardian - UK

The food filter: who makes the best crunchy peanut butter?

Every week, our cooks test supermarket groceries to help you make the best choices with your shopping. This week, who makes the best crunchy peanut butter, and how much do you really need to spend on it?

International Business Times

Germany Races To Secure Stricken 'Russian Shadow Fleet' Oil Tanker

Germany was racing Saturday to secure a heavily loaded tanker stranded off its northern coast, towing the stricken ship it said was part of Russia's sanctions-busting "shadow fleet" away from shore to avert an oil spill.

The Guardian - AU

Ukraine war briefing: Zelenskyy hails ‘significant blow’ of US-UK sanctions on Russian oil and gas revenues

Ukrainian president says the less Moscow earns from oil, ‘the sooner peace will be restored’; Kyiv claims attack on Russian military facility. What we know on day 1,053

The Independent UK

US to return $52.8 million in seized assets linked to Nigeria's former oil minister

The United States will return $52.88 million in seized assets to Nigeria as part of a yearslong corruption probe against former Nigerian oil minister Diezani Alison-Madueke and associates

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Barchart

Crude Finishes Sharply Higher as the US Expands Sanctions on Russian Oil

February WTI crude oil (CLG25 ) Friday closed up +2.65 (+3.58%), and February RBOB gasoline (RBG25 ) closed up +0.0466 (+2.30%). Crude and gasoline prices Friday settled sharply higher, with crude posting a 3-month high and gasoline posting a 2-3/4 month high. Crude rallied Friday after the US ratcheted up...

Barchart

Sugar Prices Rebound as Crude Oil Rallies

March NY world sugar #11 (SBH25 ) Friday closed up +0.12 (+0.63%), and March London ICE white sugar #5 (SWH25 ) closed up +1.90 (+0.38%). Sugar prices Friday posted moderate gains. Short covering emerged in sugar futures Friday after WTI crude oil prices (CLG25 ) jumped more than +3% to...

The Independent UK

Germany calls a Russian oil tanker adrift in the Baltic Sea a threat to security

An oil tanker believed to be part of Russia’s efforts to evade international sanctions went adrift and had to be towed ashore by a German tugboat

StockNews.com

3 Undervalued Energy Stocks With Huge Upside Potential

The energy sector offers value due to rising global demand, focus on energy security, market growth, regulatory support, technological advancements, and increasing oil and gas prices. Therefore, in this dynamic backdrop, it may be wise to consider undervalued energy stocks: Schlumberger (SLB), VAALCO Energy (EGY), and Obsidian Energy (OBE), which…

Al Jazeera

US targets Russia’s oil sector with ‘sweeping’ sanctions

Ukrainian President Zelenskyy says he is confident sanctions will ‘significantly reduce Russia’s petrodollar income’.

Barchart

Sugar Prices Modestly Higher on Strength in Crude Oil

March NY world sugar #11 (SBH25 ) today is up +0.11 (+0.58%), and March London ICE white sugar #5 (SWH25 ) is up +0.70 (+0.14%). Sugar prices today are mildly higher. Short covering emerged in sugar futures today after WTI crude oil prices (CLG25 ) jumped more than +3% to...

The Independent UK

Shadow fleet of tankers keeps Russia's oil money flowing despite Western sanctions

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine

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