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The Latest Breaking News from Oil

Crude Prices Climb on Dollar Weakness and Global Supply Concerns

February WTI crude oil (CLG24 ) this morning is up +1.82 (+2.52%), and Feb RBOB gasoline (RBG24 ) is up +1.40 (+0.66%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-week high. A reversal in the dollar today boosted energy prices after the dollar...

Barchart

Grain Market Update: Is a Rally in the Wheat, Soybean, and Corn Markets on the Horizon?

Earlier today I joined Michelle Rook, on AgWeb's Markets Now, to discuss the the wheat, soybean, and corn markets. In addition, we discussed the cattle market and crude oil.

Barchart

Food Prices Plummet Despite Global Food Insecurity Challenges

In a surprising turn of events, global food commodity prices fell last year, despite the difficult circumstances surrounding food security worldwide. The U...

Top News

Stock market today: Global shares mostly slip, while oil prices advance

Global shares have retreated although export-related Tokyo stocks got a boost as the dollar strengthened against the Japanese yen

The Independent UK

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New Mexico governor proposes 10% spending increase amid windfall from oil production

New Mexico’s governor is proposing a nearly 10% general fund spending increase for the coming fiscal year to shore up housing opportunities, childhood literacy and health care access, with additional payouts for electric vehicles purchases

The Independent UK

Kenya and Uganda added to foreign degree crackdown list at Nigeria universities

In tonight's edition: Nigeria widens the net to degrees earned in Kenya and Uganda as part of its crackdown on fraudulent foreign certificates. Also, French energy giant TotalEnergies puts former Beninese prime minister Lionel Zinsou at the head of land acquisition for its controversial multi-billion-dollar oil projects in Uganda and…

France 24

POWR Stock of the Week Under $10: ProFrac Holding (ACDC)

Oil prices were nothing if not volatile last year, and nothing indicates this year will be any different. With prices trading at the bottom end of the range as we enter 2024, now may be a great time to take a look at some beaten down oil stocks. One company…

StockNews.com

Crude Prices Fall as Weak Demand Boosts Weekly EIA Product Inventories

February WTI crude oil (CLG24 ) on Thursday closed down -0.51 (-0.70%), and Feb RBOB gasoline (RBG24 ) closed down -4.80 (-2.22%). Crude oil and gasoline prices Thursday gave up an early advance and turned lower weekly inventories of crude products unexpectedly rose in Thursday's weekly EIA report, a sign...

Barchart

Crude Prices Fall on an Unexpected Build in Weekly Product Inventories

February WTI crude oil (CLG24 ) this morning is down -1.51 (-2.08%), and Feb RBOB gasoline (RBG24 ) is down -6.96 (-3.23%). Crude oil and gasoline prices this morning gave up an early advance and turned lower after an unexpected build in crude products in today's weekly EIA report, a...

Barchart

Crude Oil: Will the Tug of War Between Bulls and Bears Continue in 2024?

Crude oil closed 2023 at below $72 per barrel. The price was lower for the year and just below the U.S. administration’s $67 to $72 per barrel buying zone to replenish the Strategic Petroleum Reserve. As the market heads into 2024, bullish and bearish factors pull the energy commodity in…

Barchart

Rosebank oil will not be kept in Britain, UK Government admits

OIL from the Rosebank field will be sold on the international market rather than to UK consumers, the UK Government has admitted.

The National (Scotland)

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Radio France Internationale

TotalEnergies signals land review for contentious mega projects in Africa

The French energy giant TotalEnergies says it's launched an assessment for land it acquired for its $10 billion projects in Uganda and Tanzania that have been lambasted by environmentalists.

WhatToWatch

The Young and the Restless spoilers: Adam helps Victoria bond with Claire?

The Young and the Restless’ Claire rejects Victoria. Will Adam be the surprising person to help the mother/daughter duo connect?

Fortune

Shipping giant Maersk's stock buoyed by halt of Red Sea journeys following Houthi rebel attacks

Global shipping leaders and oil giant BP have decided to hit pause on Red Sea transit until it becomes safer—but costs could increase as a result.

International Business Times

TotalEnergies To Review Land Buyouts In Contested Africa Projects

French energy giant TotalEnergies on Thursday said it had launched a review of its land acquisition practices for controversial $10-billion projects in Uganda and Tanzania slammed by environmentalists.

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Ideal Home

Oil-filled radiator vs fan heater—which one is best for staying warm on a budget this winter?

We pipped these two portable heaters against each other

The Guardian - UK

UK government admits Rosebank oil will not be kept in UK to boost energy security

Ministers have previously claimed oilfield development will improve domestic energy security and help consumers

Dynamite News

"Crude oil prices are falling but no control on looting by Modi government", Cong Chief Kharge slams Centre

Congress President Mallikarjun Kharge hit out at the Union government on Thursday for not reducing the prices of petrol and diesel even when crude oil prices were falling globally. Read further on Dynamite News:

International Business Times

Oil Market In 2024: A Bullish Prediction

Oil had a smooth ride in 2003. The first part of the year traded in the $70.28-79.47 per barrel range, jumped to $89,19 in the second part and ended very close to where it began at $72.47.

The Independent UK

New Mexico considers setback requirements for oil wells near schools and day care centers

A bill to ban oil and gas production within a mile (1.6 kilometers) of schools and day care centers across New Mexico is among the first published proposals as the state Legislature prepares for a 30-day session that could bring an overhaul to fundamental oil and gas regulations

The Guardian - AU

‘It’s really well-balanced, there’s a bit of everything’: how to cook and eat like you’re on holiday in Vietnam

Chef Jerry Mai shares a typical day of Vietnamese dining, and her recipe for grilled fish rice paper rolls – with all the trimmings

Barchart

Crude Oil Prices Close Sharply Higher on Global Supply Disruptions

February WTI crude oil (CLG24 ) on Wednesday closed up +2.32 (+3.30%), and Feb RBOB gasoline (RBG24 ) closed up +6.32 (+3.02%). Crude oil and gasoline prices recovered from early losses Wednesday and rallied sharply on supply disruptions in Libya and increased tensions in the Middle East. Crude prices Wednesday...

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