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The Latest Breaking News from Oil

Trump’s promise to unravel Biden's climate policies could take years to fulfill

The president-elect has pledged to weaken air pollution regulations, reverse efforts to slow climate change and continue to boost oil and gas production.

The Texas Tribune

Shares in UK retailers fall as sector counts cost of NICs tax rise – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Odour of oil and return of Trump hang heavy over Cop29 in Baku

Prospects of strong outcome appear dim but there is hope the talks will address pressing issue of climate finance

The Guardian - UK

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3 Midstream Energy Stocks With Strong Dividend Yields

Amid robust demand in the market, midstream energy companies are seeing a favorable landscape for expansion and growth. Thus, strong midstream energy stocks MPLX LP (MPLX), Enterprise Products Partners (EPD), and Western Midstream Partners (WES) offering high yields could be ideal investments. Read more.

StockNews.com

Crude Oil Moves Higher on Dollar Weakness and Energy Demand Optimism

December WTI crude oil (CLZ24 ) Thursday closed up +0.67 (+0.93%), and December RBOB gasoline (RBZ24 ) closed up +0.0182 (+0.89%). Crude oil and gasoline prices recovered from early losses on Thursday, climbed to 3-week highs, and settled moderately higher. Thursday’s weaker dollar boosted crude prices along with the rally...

Barchart

‘The first thing I did was poke it’: Canada beach blobs mystery solved by chemists

Newfoundland Memorial Univeristy team find white masses are likely material used to clean pipes in oil industry

The Guardian - US

What Trump can do to reverse US climate policy − and what he probably can’t change

As the U.S. prepares for another Trump administration, one area unambiguously in the incoming president’s crosshairs is climate policy.

The Conversation

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Make oil and gas companies foot the bill for Valencia’s floods

Letter: Eva Saldaña of Greenpeace Spain says the industry knew about climate change for more than six decades

The Guardian - UK

What’s the difference between CBD, CBN, and CBG?

The world is shifting towards natural alternatives to traditional wellness medications, with cannabinoid-based products becoming the top priority for millions of people across the globe. Thanks to the 2018 farm bill, you can legally buy CBG oil , ...

USA Today Sports Media Group

Are Wall Street Analysts Bullish on Devon Energy Stock?

Devon Energy has underperformed the broader market over the past year, but Wall Street analysts are moderately bullish about the stock’s prospects.

Barchart

Crude Gains on Dollar Weakness and Strength in Stocks

December WTI crude oil (CLZ24 ) today is up +0.10 (+0.14%), and December RBOB gasoline (RBZ24 ) is up +0.0045 (+0.21%). Crude oil and gasoline prices today are slightly higher on a weaker dollar and the rally in the S&P 500 to a record high, which shows confidence in the...

Barchart

Oil Prices Could Sink To $60 Under Trump Presidency, Citi Warns

However, Citi stated that "there is a risk that Trump imposes more sanctions on oil-producing countries like Venezuela and Iran, which could have bullish effects on oil prices."

Latin Times

Oil Prices Could Sink to $60 Under Trump Presidency, Citi Warns

However, Citi stated that "there is a risk that Trump imposes more sanctions on oil-producing countries like Venezuela and Iran, which could have bullish effects on oil prices."

International Business Times

Do Wall Street Analysts Like Occidental Petroleum Stock?

While Occidental Petroleum has trailed the broader market over the past year, analysts still hold a moderately bullish outlook on its prospects.

Barchart

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The Independent UK

Origin of mysterious black balls washed up on beaches revealed - and it’s disgusting

Assessment reveals where strange blobs were created

The Guardian - AU

Tar ball theory debunked as Sydney’s mystery beach globules found to be ‘fatbergs’ containing human faeces

Balls that washed ashore and closed string of famous beaches contained scores of different materials ‘consistent with contamination from sewage’

The Canberra Times

Midnight Oil gets the doco they deserve

Free-to-air TV highlights November 8-14

Capital & Main

For the Texas Railroad Commission, the Last Train Left Years Ago

Misnamed commission oversees the state's vast oil and gas industry. Critics say it's all a smoke screen.

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Fashion Times

Consider These Lip Treatments Preventative Maintenance so Winter Won't Do a Number on Your Kisser

Using these masks, scrubs, oils, balms and butters early, like right now, will help ensure you keep chapped lips at bay.

International Business Times

'Drill, Baby, Drill': Trump Policy Poses Risks, Opportunities For Oil Industry

Donald Trump's election as US president brings back a champion of the oil industry to the White House, but experts warn that his push for low prices could be at odds with petroleum companies' priorities.

The Conversation

Iran’s currency was already tumbling − and then news of Trump’s victory broke

As the world absorbed news of Donald Trump’s comeback victory in the 2024 U.S. presidential race, concern in Iran turned to the impact of the election on its own economy amid escalating regional tensions.

The Independent UK

Anti-Trump activists protest outside US embassy in London over ‘bigotry'

Opponents rally against winner of US election whom they accuse of bigotry and threatening the climate

Barchart

Crude Prices Slip on Dollar Strength and a Build in EIA Inventories

December WTI crude oil (CLZ24 ) Wednesday closed down -0.30 (-0.42%), and December RBOB gasoline (RBZ24 ) closed down -0.0092 (-0.45%). Crude oil and gasoline prices settled moderately lower on Wednesday. Crude prices Wednesday were under pressure from a stronger dollar after the dollar index (DXY00 ) surged to a...

RideApart

CFMoto Debuts First-Ever V4 Engine, Doesn't Tell Us a Single Thing About It

V4 engines are all the rage right now. Whether it's Ducati, KTM, or Yamaha, everyone's got to have one to compete at the tippy top of the superbike spear. So it's no wonder that newcomer, but heavy-weight player, CFMoto would be not only developing a V4 platform but saving its…

The Guardian - US

Guyana citizens to receive £370 each in payouts from ‘mind-boggling’ oil wealth

Country has been enjoying historic growth in economy, which has tripled since it started crude oil extraction in 2019

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