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The Latest Breaking News from Oil

Energy Stock Analysis: Marathon Oil Corporation (MRO) vs. TotalEnergies (TTE)

The energy sector appears poised for significant growth in the upcoming quarters, fueled by the rising prices due to surging demand and constrained supply. While leading energy stocks Marathon Oil (MRO) and TotalEnergies (TTE) stand to benefit from the industry tailwinds, let us analyze which one is the better buy.…

StockNews.com

Texas Still Issues Thousands of Permits for Natural Gas Flaring

Advocates say the Texas Railroad Commission process is more of a "rubber stamp" for oil and gas companies to keep polluting indefinitely.

Texas Observer

Rectangular pies inspire this weeknight salami-mozzarella pizza

To make pizza on a weeknight, try store-bought dough

The Independent UK

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read the most diverse news in one place.

Saudi crown prince Mohammed bin Salman’s 2030 growth plan bears fruit as Hyundai inks deal to join Lucid as next carmaker in the Gulf

As the IEA predicts global demand for transport fuels will peak in 2026, the Saudi monarchy is in a race to diversify its economy by the end of the decade.

Fortune

For the Osage Nation, the betrayal of the murders depicted in 'Killers of the Flower Moon' still lingers

This article contains plot spoilers of “Killers of the Flower Moon.”

The Conversation

Chevron boss says his company has changed the quality of life on Earth for the better

Mike Wirth, an industry veteran, even described Chevron as “grounded in integrity and a deep belief in doing the right thing” before brushing off Big Oil critics and making a “real-world” case for fossil fuels.

Fortune

Chevron buys Hess for $53 billion, 2nd buyout among major producers this month

Chevron is buying Hess Corp. for $53 billion as the biggest U.S. oil companies use a recent windfall in profits to buy up smaller competitors

The Independent UK

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Energy price fears ease on Middle East diplomacy hopes

GOLD and oil prices dipped today as investors eyed strong looking US economic data after a weekend that offered some relief about the state of the disaster in Gaza.

Evening Standard

UK borrowing costs hit new 25-year high; Chinese stocks fall to pre-pandemic level – as it happened

Rolling, live coverage of business, economics and financial markets as British bond yields rise amid expectations of stubbornly high interest rates

The Guardian - UK

A price cap on Russian oil aims to starve Putin of cash. But it's largely been untested. Until now

Prices for Russian oil have risen well above a price cap imposed by Western allies as part of sanctions over the invasion of Ukraine

The Independent UK

65 Weird but Genius Gifts That Are Best-Sellers on Amazon

These ideas are unique, useful, and — most of all — fun.

Inverse

When Ramdas Vaidyar just missed an arrest under DIR

Vaidyar, an ayurvedic physician, was renowned for his satire, quirky acts, and friendship with eminent writers. When Kozhikode SP Lakshmana wanted to crack the whip, Subhash Babu convinced him against it. Vaidyar charmed Lakshmana with his ayurvedic oil to treat spondylitis.

The Hindu

How secrecy and regulatory capture drove Alberta’s oil and gas liability crisis

“A hustle in the oil patch”, a “dirty legacy”: These are just a couple of the ways that the escalating costs of abandoning and reclaiming non-producing oil wells in Canada have been described.

The Conversation

As a global energy crisis returns, the UK push for a green economy makes even more sense

Rishi Sunak’s decision to dilute net zero policies has become even more shortsighted

The Guardian - UK

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The Guardian - UK

Killers of the Flower Moon review – Scorsese’s masterly Native American true crime saga

A towering Robert De Niro, an against-type Leonardo DiCaprio and a magnetic Lily Gladstone shine in the director’s gripping account of a shocking episode in US history

The Guardian - UK

Thomasina Miers’ recipe for meatballs and tomato sauce with double corn parmesan polenta

Ricotta and sage meatballs with tomato and basil ragu, served with a cheesy sweetcorn polenta

The Independent UK

Long lines at gas pump unlikely, but Middle East crisis could disrupt oil supplies, raise prices

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and raise prices

Barchart

Crude Price Fall Back on Reports Israel to Delay a Ground Assault of Gaza

November WTI crude oil (CLX23 ) on Friday closed down -0.62 (-0.69%), and Nov RBOB gasoline (RBX23 ) closed up +1.19 (+0.50%). Nov WTI crude oil and gasoline prices Friday settled mixed. Crude prices Friday fell back from a 2-1/2 week high and posted moderate losses after Bloomberg reported that...

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news in one place.

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Capital & Main

As Colorado Races to Set New Rules for Climate-Friendly Industries, Its Plan Raises Concerns Over Dual Role of State Regulator

Coal is back, despite banks’ pledge to stop financing such projects.

StockNews.com

3 Energy Stocks Leading the Industry

Amid the volatile Middle East scenario, the oil market teeters on the precipice of price surges. Given this backdrop, it could be wise to invest in leading energy stocks Weatherford International (WFRD), Valero Energy (VLO), and Cheniere Energy (LNG) at present. Read more….

Barchart

Crude Extends Gains on Geopolitical Risks in the Middle East

November WTI crude oil (CLX23 ) this morning is up +0.78 (+0.87%), and Nov RBOB gasoline (RBX23 ) is up +2.59 (+1.10%). Nov WTI crude oil and gasoline prices this morning extended this week's rally and posted 2-week highs. A weaker dollar today is supporting energy prices. Also, a ratcheting...

Barchart

Is the VIX Still Too Low?

On October 20, 2023, the VIX index was below 20. While the VIX has risen from below 13 since September 2023, the volatility measure could be far too low considering the issues facing the U.S. stock market and markets across all asset classes.

The Guardian - UK

Why oil prices are rising amid the Israel-Hamas war

To date oil and gas flows from the Middle East remain fairly unaffected – but there are concerns about escalation

The Conversation

Inflation: raising interest rates was never the right medicine – here's why central bankers did it anyway

Inflation remains too high in the UK. The annual rate of consumer price inflation to September was 6.7%, the same as a month earlier. This is well below the 11.1% peak reached in October 2022, but the failure of inflation to keep falling indicates it is proving far more stubborn…

Zenger

Energy Analyst Questions U.S. Department Of Energy’s Move To Purchase Oil For Strategic Petroleum Reserve

Analyst raises concerns over bid solicitation for oil purchases while prices remain high.

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