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The Latest Breaking News from Oil

Asian shares cautious as oil jumps on US strikes

Asian shares are trading cautiously as oil prices surge following US strikes in Yemen. Investors are keeping a close watch on geopolitical tensions.

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Iran seizes US oil tanker, escalates tensions in the region

Read about the escalating tensions in the Gulf of Oman as Iran seizes a U.S. oil tanker and fires an anti-ship missile, prompting investigations and calls ...

Top News

Crude Prices Post Moderate Gains as Geopolitical Risks Rise in the Middle East

February WTI crude oil (CLG24 ) on Thursday closed up +0.65 (+0.91%), and Feb RBOB gasoline (RBG24 ) closed up +4.70 (+2.27%). Crude oil and gasoline prices Thursday settled moderately higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf...

Barchart

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Milei Wants Argentina To Take Back the Falkland Islands

The government says it's about sovereignty. It might be about oil, too.

Reason

Iran Seizes Oil Tanker Off Oman In Dispute With US

Iran's navy seized a ship off Oman to retaliate for the "theft" of its oil from the same tanker last year by the United States, state media said Thursday.

International Business Times

Iran seizes oil tanker off Oman as Middle East tensions rise

Seizure comes as the Iran-backed Houthis attack ships in the Red Sea

The Independent UK

3 Rising Oil & Gas Stocks to Buy for Positive Investments

The global oil and gas market is flourishing with increased demand amid an unstable geopolitical backdrop. Hence, fundamentally strong oil & gas stocks Cheniere Energy (LNG), Plains All American Pipeline (PAA), and Hess Midstream (HESM) might be worth buying for positive gains. Read more….

StockNews.com

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Iran claims it seized oil tanker 'over theft of oil by US'

The St Nikolas was previously seized by Washington in a sanctions enforcemnet operation

Evening Standard

Iran seizes oil tanker with links to US in Gulf of Oman

Taking of vessel relates to dispute over sanctioned oil but will worsen tensions over marine navigation in Middle East

The Guardian - UK

Crude Prices Jump After Iran Seizes an Oil Tanker in Gulf of Oman

February WTI crude oil (CLG24) this morning is up +1.96 (+2.75%), and Feb RBOB gasoline (RBG24) is up +5.98 (+2.89%). Crude oil and gasoline prices this morning are sharply higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf of...

Barchart

AI, satellite pics reveal ocean activities happening out of sight

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.

The Hindu

Tanker in Gulf of Oman 'seized' after being boarded by men in military uniforms

Suspicion has fallen on Iran over apparent seizure as vessel was involved in dispute between Iran and US

Evening Standard

Oil tanker in Gulf of Oman boarded by masked men in military uniforms

Vessel bound for Turkey from Iraq was once at the centre of a crisis between Iran and the United States.

Al Jazeera

3 Oil & Gas Stocks in Focus This Week

Robust demand for oil and gas, production dynamics, and geopolitical tensions project a potential surge in oil prices for the foreseeable future. To that end, let's turn our attention to scrutinizing quality oil and gas stocks Enterprise Products Partners L.P. (EPD), Marathon Petroleum Corporation (MPC), and Global Partners LP (GLP),…

StockNews.com

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New Jersey Gas Prices: Today vs. Yesterday

In New Jersey, as of 11 January 2024, gas prices have remained remarkably stable, holding firm at .93 per gallon for regular unleaded gasoline, mirroring...

Marie Claire

The answer to your skin woes could lie in your night-time skincare routine - here's how to nail it in 3 steps according to experts

Consider this your go-to pre-slumber guide

Top News

Oil prices rise amid growing Middle East tensions

Stay updated on global oil prices as tensions rise in the Middle East. Discover how these developments may impact the energy industry and economies worldwide.

International Business Times

Brunei's Polo-playing Prince To Marry Commoner

Brunei's polo-playing Prince Abdul Mateen, one of Asia's most eligible bachelors, is set to marry his commoner fiancee on Thursday as part of a lavish 10-day celebration in the oil-rich sultanate.

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The Hindu

Rajasthan CM flags off 2,100 cooking oil drums for Sita Rasoi in Ayodhya

Rajasthan Chief Minister Bhajan Lal Sharma on Wednesday flagged off 2,100 cooking oil drums and a ‘Ram Durbar’ procession, heading to ‘Sita Rasoi’ (Sita’s kitchen) in Ayodhya.

Motor1

Ford Recalls 1.0L EcoBoost Engine In Focus, EcoSport For Oil Pressure Issues

US regulators are also investigating Ford’s 2.7- and 3.0-liter EcoBoost engines.

Barchart

Crude Prices Fall on an Unexpected Build in Weekly EIA Inventories

February WTI crude oil (CLG24 ) on Wednesday closed down -0.87 (-1.20%), and Feb RBOB gasoline (RBG24 ) closed down -0.95 (-0.46%). Crude oil and gasoline prices Wednesday erased an early rally and closed moderately lower. Crude prices retreated after weekly EIA crude inventories unexpectedly rose, and gasoline and distillate...

Barchart

Sugar Prices Follow Crude Prices Lower

March NY world sugar #11 (SBH24 ) closed down -0.29 (-1.34%) on Wednesday, and March London ICE white sugar #5 (SWH24) closed down -9.50 (-1.53%). Sugar prices on Wednesday posted moderate losses. Weakness in crude prices weighs on sugar as WTI crude oil (CLG24 ) fell more than -1% on...

StockNews.com

3 Oil & Gas Stock Buys Energizing Portfolios

The oil and gas industry is well-positioned to experience substantial long-term growth primarily driven by rising energy demand worldwide. As oil prices are projected to remain steady in 2024, it could be wise to buy fundamentally strong oil and gas stocks Western Midstream Partners (WES), Sunoco (SUN), and Adams Resources…

StockNews.com

3 Oil & Gas Stocks With Great 2024 Buy Potential

Geopolitical tensions this year might cause oil prices to rise significantly. Thus, investors should consider bolstering their portfolios by investing in Baker Hughes (BKR), Sunoco (SUN), and Unit Corporation (UNTC) for solid gains in 2024. Read on.

Barchart

Crude Prices Rise as Houthi Rebels Ramp Up Attacks in the Red Sea

February WTI crude oil (CLG24 ) this morning is up +0.14 (+0.19%), and Feb RBOB gasoline (RBG24 ) is up +0.77 (+0.37%). Crude oil and gasoline prices this morning are modestly higher. Crude prices rose after Houthi rebels carried out one of their largest missile and drone attacks on commercial...

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