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The Latest Breaking News from Oil

Russia Allegedly Supplied North Korea With Over A Million Barrels

Russia supplied North Korea with oil in violation of UN sanctions, deepening their relationship amidst reports of North Korean troops aiding Russia in Ukraine.

Top News

Indigenous leaders travel to UK from Peru to draw attention to oil damage and banking

Indigenous leaders from the Wampis Nation in Peru are urging lawmakers at the House of Commons in London to ban international banks’ support for Amazon oil activities they say harm their ancestral rainforests

The Independent UK

Iran's vast collection of Western art, much long hidden, re-emerges despite high tensions with US

As Iran faces increasing tensions with the West and turmoil at home, a new exhibition at the Tehran Museum of Contemporary Art is displaying Western artwork including pieces not seen by the public in at least a decade

The Independent UK

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The pad Thai pioneer: How Chaophraya’s Khun Kim brought the flavours of Bangkok to Britain

Khun Kim left her rural Thai village with little more than a dream and a street cart. Now, as the founder of Chaophraya, she’s celebrating 20 years of serving authentic Thai cuisine across the UK. From award-winning recipes to advice for home cooks, Kim talks to Hannah Twiggs about her…

The Independent UK

Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations

Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California

The Independent UK

Crude Posts Moderate Gains on Escalation of Ukraine-Russian Conflict

January WTI crude oil (CLF25 ) Thursday closed up +1.35 (+1.96%), and January RBOB gasoline (RBF25 ) closed up +0.0105 (+0.53%). Crude oil and gasoline prices rallied to 1-1/2 week highs on Thursday and settled moderately higher. Escalation of the Ukraine-Russian war is pushing crude prices higher after Russia launched...

Barchart

India's Modi seeks energy security from Guyana and its vast oil deposits

Indian Prime Minister Narendra Modi says his government views the South American country of Guyana as key to its energy security

The Independent UK

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Russia-Ukraine escalation fears push oil and defence stocks higher

Energy majors Shell and BP tracked rising oil prices on Thursday, while defence-oriented firms Rolls-Royce and BAE Systems also made solid gains.

Evening Standard

When is Hanukkah in 2024 and how is it celebrated? The Jewish festival's important dates

The eight-day Jewish Festival of Lights is fast approaching

Evening Standard

Escalation of Ukraine-Russian Conflict Boosts Crude Prices

January WTI crude oil (CLF25 ) today is up +1.30 (+1.89%), and January RBOB gasoline (RBF25 ) is up +0.0090 (+0.46%). Crude oil and gasoline prices today climbed to 1-1/2 week highs and are moderately higher. Escalation of the Ukraine-Russian war is pushing crude prices higher after Ukraine said Russia...

Barchart

3 Energy Stocks Primed for Gains Amid Global Demand

Given increasing geopolitical concerns, rising oil prices, and extending OPEC+ production cuts, the oil and gas market is poised for robust growth. Therefore, fundamentally solid energy stocks Cenovus Energy (CVE), Suncor Energy (SU), and Energy Transfer (ET) could be ideal investment choices. Read more.

StockNews.com

Revealed: McKinsey clients had ‘rising share of global emissions’, internal analysis shows

Consulting giant had said it engages with clients to help them transition to cleaner energy even as it knew they were in line to exceed climate targets

The Guardian - US

Crude Gives Up Early Gains as Weekly EIA Inventories Unexpectedly Increase

December WTI crude oil (CLZ24 ) Wednesday closed down -0.52 (-0.75%), and December RBOB gasoline (RBZ24 ) closed up +0.0081 (+0.40%). Crude oil and gasoline prices Wednesday settled mixed, with gasoline posting a 1-month high. Escalation of the Ukraine-Russian war is a bullish factor for crude prices after Ukraine fired...

Barchart

Trump's Energy Picks Are Refreshingly Competent

If confirmed, Chris Wright and Gov. Doug Burgum will have the opportunity to prioritize innovation and deregulation to the benefit of taxpayers and the environment.

Reason

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Homes & Gardens

How to make a rug smell nice – and stop bad odors from returning in the future

A beautiful rug is the focal point of any room. Bust musty odors for good with this professional advice

The Independent UK

Small, luxury foods are great as stocking stuffers or other gifts. Ideas for under $50

If you have an avid cook or food lover in your life, your holiday gifting opportunities are vast and deep

The Independent UK

I exclusively used Augustinus Bader skincare – here’s what’s worth buying

The brand’s rich cream is an international best-seller

Latin Times

Trump's Promised Tariffs on Mexican Imports Could 'Hit the U.S. Harder than Mexico,' Expert Warns

Trump's tariff threats could disrupt U.S. auto and oil supply chains and prompt Mexico to strengthen trade ties with other countries, particularly China.

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news in one place.

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The Conversation

Cop29 so far: the good and bad news

Gradually, then suddenly is how Ernest Hemingway described going bankrupt. The climate crisis could be on a similar trajectory.

WhatToWatch

Landman episode 1 recap: An explosive opening

This Texas-set oil saga began with a bang

Barchart

Crude Prices Underpinned as Ukraine-Russian War Escalates

December WTI crude oil (CLZ24 ) today is up +0.21 (+0.30%), and December RBOB gasoline (RBZ24 ) is up +0.0210 (+1.03%). Crude oil and gasoline today are moderately higher, with crude posting a 1-week high and gasoline posting a 1-month high. Escalation of the Ukraine-Russian war is boosting crude prices...

Capital & Main

There’s a Reason Oil Well Sales Are Collapsing In California: Cleanup Costs

Faced with putting up hefty bonds to clean up their mess, operators are instead taking a pass on selling off dying wells.

The Guardian - AU

Sky News Australia documentary The Real Cost of Net Zero fails to live up to its hubris, with viewers paying the price

Chris Uhlmann says power costs are soaring while renewables are falling short, but do the pair have anything in common?

The Conversation

Why big oil and gas firms might want the Paris agreement to survive

ExxonMobil chief executive Darren Woods has urged president-elect Donald Trump to not take the US out of the Paris agreement on climate change. “We need a global system for managing emissions”, he said in an interview at the annual UN climate summit in Baku, Azerbaijan.

Barchart

Do Wall Street Analysts Like Diamondback Energy Stock?

Despite underperforming the broader market over the past year, analysts continue to have a highly positive outlook for Diamondback Energy's future prospects.

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