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The Latest Breaking News from Oil

Brazil Judge Suspends Petrobras Chairman For Conflict Of Interest

Judge suspends Petrobras chairman over conflict of interest, underscoring the importance of ethical governance in the oil industry.

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Russian Oil Stuck On Tankers Due To Iran Sanctions

Russian oil stranded on tankers due to Iran-related sanctions causing disruptions in global oil shipping industry.

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US Increases Fees For Oil And Gas Companies On Federal Lands

US government increases fees for oil and gas companies on federal lands to promote sustainability and address environmental concerns.

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Exploring The Top 10 Global Political Powerhouses

Learn about the top 10 global players - United States, China, Russia, Germany, United Kingdom, France, Japan, India, Brazil, and Saudi Arabia.

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US Stocks Plunge Amid Escalating Middle East Tensions

US stocks plunged on Friday amid Middle East tensions, driving investors to safe havens. Oil prices surged, JPMorgan Chase CEO cited geopolitical turmoil a...

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Shell says it ‘lobbies for energy transition’ during climate ruling appeal

Company is fighting Dutch court ruling that says it must emit 45% less CO2 by 2030 than in 2019

The Guardian - UK

Crude Prices Underpinned on Rising Geopolitical Risks in the Middle East

May WTI crude oil (CLK24 ) on Friday closed up +0.64 (+0.75%), and May RBOB gasoline (RBK24 ) closed up +2.88 (+1.04%). Crude and gasoline prices Friday posted moderate gains, with crude climbing to a 5-1/2 month high and gasoline climbing to a 7-1/2 month high. Crude prices moved higher...

Barchart

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Biden Rule Hikes Fees For Oil Projects On Public Lands

Oil companies drilling on public lands must post larger bonds and pay higher royalties under a rule finalized Friday by the Biden administration.

International Business Times

Biden Administration Implements Reforms To Oil And Gas Leasing

Learn about the Biden administration's new rule increasing fees for oil and gas drilling on public lands to promote environmental responsibility and protec...

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U.S. and Venezuelan Representatives Meet in Mexico as Sanctions Deadline Approaches Rapidly

Representatives from both governments secretly met this week to discuss Venezuela's elections. The U.S. continues to ponder on whether to reimpose sanctions.

Latin Times

Crude Prices Jump on Heightened Geopolitical Risks in the Middle East

May WTI crude oil (CLK24 ) this morning is up +2.15 (+2.53%), and May RBOB gasoline (RBK24 ) is up +6.47 (+2.33%). Crude and gasoline prices this morning are sharply higher, with crude posting a 5-1/2 month high and gasoline posting a 7-1/2 month high. Concern that an escalation of...

Barchart

3 Energy Stocks Poised for Profits in April

The energy sector is expected to grow significantly due to geopolitical tensions, supply constraints, and rising global demand for natural gas and crude oil. Therefore, fundamentally strong energy stocks Enterprise Products Partners (EPD), Koninklijke Vopak (VOPKY), and VAALCO Energy (EGY) could be worth adding to your portfolio. Read on.

StockNews.com

Chart of the Day: DiamondBack Energy - Proves the Analysts Wrong

The Chart of the Day belongs to the oil and gas E&P stock Diamondback Energy (FANG) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then...

Barchart

Residents of Louisiana's 'cancer alley' suffering from industrial pollution

Louisiana is home to 25 percent of the US petrochemical industry and is the country's fourth-largest crude oil producer. As a result, it is one of the states with the highest levels of industrial pollution, with disastrous consequences for the health of its citizens. In St James County, part of…

France 24

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The Guardian - UK

Abu Dhabi state oil company reportedly looked at buying BP

Adnoc decided move was not right fit but it is latest sign of foreign buyers circling UK firms

Barchart

Crude Prices Close Lower on Abundant US Crude Supplies

May WTI crude oil (CLK24 ) on Thursday closed down -1.19 (-1.38%), and May RBOB gasoline (RBK24 ) closed down -0.75 (-0.27%). Crude and gasoline prices on Thursday closed moderately lower. Thursday's rally in the dollar index to a 4-3/4 month high pressured energy prices. Crude also had some negative...

Barchart

Crude Prices Retreat on Dollar Strength and Ample US Crude Stockpiles

May WTI crude oil (CLK24 ) this morning is down -0.96 (-1.11%), and May RBOB gasoline (RBK24 ) is down -1.69 (-0.61%). Crude and gasoline prices this morning are moderately lower. Today's rally in the dollar index to a 4-3/4 month high pressured energy prices. Crude also has some negative...

Ideal Home

Looking for a family-sized BBQ under £300? We try the Char-Broil Charcoal L, which might be the one for you

With the trend for outdoor kitchens, cooking al fresco has never been so popular. So is it time to invest in a quality charcoal BBQ?

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Barchart

2 Energy Dividend Stocks to Buy as Analysts Raise Oil Price Forecasts

With analysts raising oil price forecasts amid high demand and tightened supply, here are two dividend-paying European energy stocks for investors to consider.

Evening Standard

Why is olive oil so expensive? Price rises explained

It isn’t Brexit-related

Homes & Gardens

6 ways to make your air fryer last longer, according to an air fryer chef

We asked an air fryer chef for her top tips on how to make your air fryer last longer. From cleaning to accessories, here's all you need to know

Top News

Oil Prices Rise Due To Increased Tensions In Middle East

Learn about the impact of escalating Middle East tensions on oil prices and global energy security.

Dynamite News

Bank fraud: ED filed prosecution complaint against two Delhi-based oil firm promoters

The Directorate of Enforcement (ED) has filed a prosecution complaint before the Special Court (PMLA). Read further on Dynamite News:

Barchart

Crude Recovers Early Losses on Warning of Possible Attack by Iran on Israeli Assets

May WTI crude oil (CLK24 ) on Wednesday closed up +0.98 (+1.15%), and May RBOB gasoline (RBK24 ) closed up +2.60 (+0.94%). Crude and gasoline prices Wednesday recovered from early losses and posted moderate gains after US intelligence said it believes a major missile or drone strike is imminent by...

Barchart

Big Oil vs. Big Tech: Here's the Winning Trade Right Now

Big Oil is beating Big Tech in 2024. The Energy Select Sector SPDR Fund (XLE) was up more than 13% in the first quarter of 2024, while the Nasdaq-100 Index gained just 8.7%. Add to that breakout performance the massive amounts of payouts that the large oil companies are making…

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