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The Latest Breaking News from Oil

Global Oil Prices Trend Down In Early 2024 As US Production Booms, OPEC Flounders

US oil output continues to reach new heights; Houthi attacks in the Red Sea persist; OPEC's eighth-largest producer is leaving the cartel.

International Business Times

We used AI and satellite imagery to map ocean activities that take place out of sight, including fishing, shipping and energy development

Humans are racing to harness the ocean’s vast potential to power global economic growth. Worldwide, ocean-based industries such as fishing, shipping and energy production generate at least US$1.5 trillion in economic activity each year and support 31 million jobs. This value has been increasing exponentially over the past 50 years…

The Conversation

Human activity is powering ‘a new industrial revolution’ at sea, say experts

Researchers using AI and satellite imagery find 75% of industrial fishing is not being publicly tracked, while wind turbines now outnumber oil platforms

The Guardian - UK

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2024 Stock Market Prediction: Watch Out for These 3 Risks

While analysts' predictions for U.S. stocks calls for mid-single digit returns in 2024, there are several risks that investors need to watch out for after last year's surprise rally.

Barchart

IOCL to provide TB testing equipment to State’s healthcare facilities

Indian Oil Corporation Limited equips government healthcare facilities in Tamil Nadu to eliminate TB, as part of its CSR effort.

The Hindu

New York Gas Prices: Today vs. Yesterday

In New York, as of 3 January 2024, gas prices have surged, reaching .24 per gallon for regular unleaded gasoline. This marks a noticeable increase from y...

Top News

Your home could be eligible for a free heat pump from Octopus Energy – here's what you need to know

Government grants can bring the cost of installing a heat pump down to that of a gas boiler

Ideal Home

Start Veganuary right with this mushroom miso risotto with chilli oil

Vegans and comfort-cravers alike will delight in this spicy mushroom risotto from Amy Poon

The Independent UK

Strike by oil tanker drivers allays dealers’ fears of loss due to fuel price drop

Petroleum dealers' fears of losses on stock contained due to customer rush caused by tanker drivers strike, leading to traffic snarls and stock outs.

The Hindu

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USA Today Sports Media Group

Ballers & Busters for Raiders Week 17 loss to Colts

Raiders went out swinging, but went out just the same.

Salon

The importance of emulsification

"Many vinaigrette recipes call for emulsifiers without specifically mentioning their crucial emulsifying role"

Barchart

Crude Closes Lower on Global Energy Demand Concerns

February WTI crude oil (CLG24 ) on Tuesday closed down -1.27 (-1.77%), and Feb RBOB gasoline (RBG24 ) closed down -1.14 (-0.54%). Crude oil and gasoline prices on Tuesday gave up an early advance and turned lower, with crude falling to a 3-week low. Tuesday's rally in the dollar index...

StockNews.com

3 Smart 2024 Energy Stock Investments

Geopolitical conflicts, resilient demand, and production dynamics are expected to drive oil price growth in the near future. As a result, robust energy stocks Ultrapar Participações (UGP), Sunoco LP (SUN), and REX American Resources (REX) could be smart additions to your portfolio this year. Read on.

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Barchart

Crude Gives Up Early Gains on Global Energy Demand Concerns

February WTI crude oil (CLG24) this morning is down -0.92 (-1.28%), and Feb RBOB gasoline (RBG24) is down -0.93 (-0.44%). Crude oil and gasoline prices this morning gave up an early advance and turned lower, with crude falling to a 3-week low. Today's rally in the dollar index to a...

Barchart

The Soybean National Price Index is at a Crossroads

The National Soybean Price Index, the market's intrinsic value, is at a crossroads between bearish and bullish heading into 2024.

The Times of India

Russian oil cargoes head away from India amid payment issues

A number of vessels hauling crude from Russia that had been idling off India are now headed away from the country eastwards, amid concerns over oil payments to Moscow that spurred a slump in arrivals last month.

Barchart

Markets Today: Stocks Retreat as Bond Yields Climb and Tech Stocks Fall

Morning Markets March E-Mini S&P 500 futures (ES H24) are down -0.79%, and March Nasdaq 100 E-Mini futures (NQH2 4) are down -1.10%, both at 1-week lows. Stock index futures this morning are falling due to weakness in technology stocks. Apple is down more than -2% in pre-market trading after...

The Independent UK

For the new year, Shanghai-style noodles and greens augur tastiness -- and prosperity?

Around the world people prepare special foods for the new year to symbolize luck or wealth

The Guardian - UK

Six things to watch in 2024 global economy, from tax cuts to AI

The Israel-Hamas war could broaden, and many developing countries are on a path to crisis

International Business Times UK

UK University Students Initiate 'Career Boycott' in Protest Against Barclay's Climate Policies

More than 220 students from Barclays' top recruitment universities won't work for Barclays unless they terminate all financing for oil and gas companies.

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