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The Latest Breaking News from Oil

Crude Rallies as US Sanctions on Russian Oil Tighten Global Supplies

February WTI crude oil (CLG25 ) today is up +2.15 (+2.81%), and February RBOB gasoline (RBG25 ) is up +0.0391 (+1.88%). Crude and gasoline prices today are pushing higher, with crude posting a 5-month high and gasoline posting a 3-month high. Crude prices today added to last Friday's gains after...

Barchart

Supreme Court Declines Oil Companies' Appeal In Climate Lawsuits

Supreme Court decision not to hear oil and gas companies' appeal on climate change lawsuits allows state cases to proceed, impacting energy industry.

Top News

Stocks Slide and Bond Yields Rise as Fed Rate Cut Hopes Dwindle

The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.75%. March E-mini S&P futures (ESH25 ) are down -0.42%, and March E-mini Nasdaq futures...

Barchart

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Supreme Court Denies Certiorari in Climate Tort Suits

The justices are not persuaded to intervene in state-law climate litigation.

Reason

Giant freshwater aquifer in southern Africa is under threat from mining

A huge underground water resource the size of Austria, the Stampriet Transboundary Aquifer System, stretches for 87,000km² across Namibia, South Africa and Botswana. It supplies 50,000 people in several towns with water pure enough to drink, and is their only source of water. But the Namibian government has awarded uranium…

The Conversation

Stocks Pressured by Rising Bond Yields as Fed Rate Cut Hopes Fade

The S&P 500 Index ($SPX ) (SPY ) today is down -0.71%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.15%. March E-mini S&P futures (ESH25 ) are down -0.66%, and March E-mini Nasdaq futures...

Barchart

Russian firefighters take five days to put out blaze at Putin nuclear bombers' oil depot hit by Kyiv drones

Ukraine and Russia have dramatically ramped up use of drones in Putin’s war launched in February 2022

Evening Standard

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Trump’s Texas Tycoons

Meet the Lone Star megadonors, think tankers, and politicians poised to play big roles in Trump’s comeback tour.

Texas Observer

Unexploded 'bomb' found at North Sea oil pipeline as investigation launched

A SUSPECTED unexploded bomb has been discovered at an oil pipeline in the North Sea ...

The National (Scotland)

Russia ‘prepared for any scenario’ on Ukraine war as Trump presidency nears

The US president-elect has promised to end the conflict in Ukraine but the Kremlin has not endorsed any tentative plans.

Al Jazeera

Markets Track Wall St Losses After Blockbuster US Jobs Report

The equity sell-off tracked hefty losses on Wall Street, where all three main indexes finished more than one percent lower as the new trading year continued to falter.

Latin Times

World Stocks Retreat As Inflation Worries Rise

Global stock markets decline on inflation concerns, oil prices surge, Asian stocks face losses, and US dollar weakens in currency markets.

Top News

Emergency Task Force Arrives In Russia To Address Oil Spill

Emergency task force dispatched to address persistent oil spill in Russia's Kerch Strait, prompting regional emergencies and reigniting tensions between Ru...

The Guardian - UK

Robert F Kennedy Jr claims seed oils are ‘poisoning’ us. Here’s why he’s wrong

Like a host of online influencers, the man likely to be the US’s next health secretary has denounced the vegetable oils used in countless foods. The science is not on their side

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The Independent UK

Stock market today: Asian stocks follow Wall Street's retreat, oil prices surge

Asian stocks have retreated after U.S. stocks fell as good news on the job market raised worries over inflation

Al Jazeera

Russia-Ukraine war: List of key events, day 1,054

Here are the key developments on the 1,054th day of Russia’s full-scale invasion of Ukraine.

International Business Times

Asian Markets Track Wall St Losses After Blockbuster US Jobs Report

Asian markets tumbled Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while oil extended a rally sparked by new sanctions on Russia's energy sector.

Evening Standard

Russia forms emergency taskforce as oil spill continues to grow in southern region

Emergency task force arrives to clean up Krasnodar region on Sunday

The Conversation

From watts to warheads: Secretary of energy oversees big science research and the US nuclear arsenal

The U.S. Department of Energy was created in 1977 by merging two agencies with different missions: the Atomic Energy Commission, which developed, tested and maintained the nation’s nuclear weapons, and the Energy Research and Development Administration, a collection of domestic energy research programs.

Inverse

Clever Things That Are Actually Life-Changing for Anxious AF People

Discover life-changing products designed to help you find calm amid chaos. From sensory fidget tools to calming rituals, boost your relaxation today.

The Independent UK

Russia forms an emergency task force as Kerch Strait oil spill continues to spread

An emergency task force has arrived in Russia’s southern Krasnodar region to deal with the continuing consequences of an oil spill in the Kerch Strait last month

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