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The Latest Breaking News from Oil

Ocean conservation charity loses High Court bid over oil and gas licences

Oceana UK brought legal action against the Department for Energy Security and Net Zero and the North Sea Transition Authority.

Evening Standard

Shell fined after major hydrocarbon release on rig linked to corroded pipework

The Health and Safety Executive said 176 staff working on the platform were put at risk from an explosion if the escaping hydrocarbon gas had ignited.

Evening Standard

Fine dining in your front room: from tea bags to ceramics, top restaurant essentials to transform meals at home

Never mind the food, what about the vibe? Restaurateurs share tips and tricks that will bring a touch of restaurant magic to your table

The Guardian - UK

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‘Premium but not ostentatious’: the best extra virgin olive oils to gift instead of wine

Where to find premium versions of this beloved kitchen staple to bring to your next dinner party or Christmas do

The Guardian - UK

‘Not going to happen’: First Nations threaten to end Carney’s pipe dream

The Canadian PM’s breakthrough oil deal with Alberta cost him a cabinet minister and will still face stiff opposition

The Guardian - UK

How Dealerships Hide Maintenance Costs in “Free” Packages

Dealerships promote free maintenance packages as a perk meant to lower ownership costs, but the reality often works differently. These offers sound clean and simple. They rarely are. The fine print hides fees, restrictions, and inflated service rates wrapped in the language of convenience. Owners assume they’re saving money, yet…

Clever Dude

Hungary's Orbán seeks more Russian oil and gas in meeting with Putin

The Hungarian prime minister met the Russian president in Moscow to secure more oil and gas supplies, despite EU efforts to cut Russian energy imports by 2027.

Euronews

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Cotton Starting Friday with Slight Gains

Cotton price action is steady to 5 points higher so far on Friday morning. Futures were up 30 to 99 34 points in the nearby contracts on Wednesday. Crude oil futures were up 60 cents per barrel at $58.55 on the day, with the US dollar index $0.069 lower to...

Barchart

Viktor Orbán to meet Vladimir Putin in Russia to discuss war in Ukraine and energy ties

The Hungarian prime minister is one of the few European leaders to have maintained ties with the Russian president, and their meeting comes at a tense diplomatic moment in the international effort to end the war in Ukraine.

Euronews

Mark Carney says Canada's trading relationship with the U.S. was 'once a strength,' but 'now a weakness'

Canada struck a pipeline deal with Alberta on Thursday to diversify the country's oil exports beyond the U.S.

Fortune

Electric container ships won’t work – but a fleet of auxiliary battery ships could clean up shipping

Shipping moves 90% of global trade and produces nearly 3% of global emissions. The sector has proved challenging to clean up, as cargo ships can travel for weeks between ports and typically rely on cheap, energy-dense and extremely polluting heavy fuel oil.

The Conversation

Canada's prime minister and Alberta's premier sign pipeline deal which could reverse oil tanker ban

Canadian Prime Minister Mark Carney and the premier of Canada’s oil rich province of Alberta have agreed to work toward building a pipeline to the Pacific Coast to diversify the country’s oil exports beyond the United States

The Independent UK

Canada minister resigns from cabinet over Carney’s controversial oil pipeline deal

Minister Steven Guilbeault says Indigenous nations were not consulted and the pipeline would have ‘major environmental impacts’

The Guardian - UK

Oil Could Drop Below $50 If Russia-Ukraine Peace Talks Succeed, Goldman Sachs Says

Oil prices may plunge below $50 per barrel if a peace agreement between Russia and Ukraine lifts Western sanctions, triggering a gradual recovery in Russian oil supply and easing geopolitical risk premiums across energy markets, according to analysts at Goldman Sachs.

Benzinga

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Clever Dude

6 Silent Engine Problems That Can Total Your Car Overnight

Cars rarely fail without giving some kind of warning, but silent engine problems create a different kind of threat. They sit under the hood, out of sight, slowly building into failures that can total a vehicle without a single loud symptom. Drivers trust their dashboards to alert them, yet many…

Marie Claire

Hollywood’s Hack to Good Skin? Microdosing Accutane

Eexperts share whether or not it's worth they hype.

International Business Times UK

Oil Prices Could Drop to $30s, US Gas May Fall to $0.60/L as Ukraine-Russia Talks Loom

Oil prices hit four-year lows amid Ukraine-Russia peace talks. JP Morgan predicts Brent could plunge to $30s per barrel by 2027, potentially pushing US petrol below £0.80/L.

The Guardian - UK

West is ‘missing obscure sanctions that could set back Russia’s war machine’

US group Dekleptocracy identifies additives for military vehicles’ lubricants and tyres as potential vulnerabilities

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Marie Claire

I’ve Been Trying to Repair My Damaged Nails for a Year—but This One Simple Change Has Made the Biggest Difference

And it doesn't break the bank...

Barchart

How Is ConocoPhillips’s Stock Performance Compared to Other Oil & Gas E&P Stocks?

ConocoPhillips has underperformed the oil & gas E&P peers over the past year, but analysts remain highly optimistic about the company’s future growth potential.

Barchart

Cotton Heads into the Holiday with Gains

Cotton futures were up 30 to 99 34 points in the nearby contracts on Wednesday. Crude oil futures were up 60 cents per barrel at $58.55 on the day, with the US dollar index $0.069 lower to $99.520. The markets will be closed on Thursday. The November 25 online auction...

Barchart

Crude Prices Settle Higher on Dampened Optimism for a Russian-Ukrainian Peace Deal

January WTI crude oil (CLF26 ) on Wednesday closed up +0.70 (+1.21%), and January RBOB gasoline (RBF26 ) closed up +0.0251 (+1.39%). Crude oil and gasoline prices are settled higher on Wednesday. Dollar weakness on Wednesday boosted crude prices. Also, doubts about a deal to end the Russian-Ukrainian war sparked...

The Guardian - UK

Labour is still in a muddle on North Sea oil and gas

Maintaining existing drilling sites for longer is sensible but doesn’t square with plans to keep the energy profits levy

Marie Claire

A Beauty Editor’s Guide to Shopping Makeup, Skincare, and Hair Deals During Black Friday

Shop Black Friday and Cyber Monday like a beauty editor.

Barchart

Soybeans Rallying Ahead of the Holiday

Soybeans are up 7 to 9 cents across the front months on Wednesday. The cmdtyView national average Cash Bean price is 8 1/2 cents higher to $10.61 1/2. Soymeal futures are steady to 60 cents higher, with Soy Oil futures steady to 38 to 41 points higher. The market will...

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