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The Latest Breaking News from Oil

US Sanctions Impede Russian Refinery Repairs Amid Ukraine Crisis

U.S. sanctions on Russia affecting refinery repairs amid Ukraine crisis, with global oil market implications.

Top News

Senegal's new leader announces audit of oil, gas and mining sectors

In his first speech to the nation since his election as president of Senegal, Bassirou Diomaye Faye said one of his first policy moves would be to audit the country’s oil, gas and mining sectors to root out corruption.

Radio France Internationale

Thames Water parent ‘owes two Chinese state-owned banks’ as debt downgraded – as it happened

Live, rolling coverage of business, economics and financial markets as Fitch downgrades debt of parent of water company, saying default is likely

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Senior U.S. treasury officials to urge India to maintain implementation of Russian oil price cap

U.S. treasury officials visit India to push for oil price cap to limit Russia's profits and stabilize global energy markets.

The Hindu

Oil Prices Surge Due To Supply Concerns And U.S. Growth

Learn about the surge in oil prices driven by geopolitical tensions and US economic growth indicators.

Top News

Venezuela Says US Building 'Secret' Bases In Disputed Essequibo

Venezuelan President Nicolas Maduro on Wednesday accused the United States of building "secret military bases" in Essequibo, an oil-rich region of Guyana that Caracas claims as its territory.

International Business Times

Just 57 companies linked to 80% of greenhouse gas emissions since 2016

Analysis reveals many big producers increased output of fossil fuels and related emissions in seven years after Paris climate deal

The Guardian - UK

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Crude Ends Higher as OPEC+ Maintains its Crude Production Cuts

May WTI crude oil (CLK24 ) on Wednesday closed up +0.28 (+0.33%), and May RBOB gasoline (RBK24 ) closed up +0.20 (+0.07%). Crude and gasoline prices Wednesday settled moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 7-month high. A weaker dollar on Wednesday was supportive...

Barchart

Crude Gains as OPEC+ Maintains its Crude Production Cuts

May WTI crude oil (CLK24 ) this morning is up +0.75 (+0.88%), and May RBOB gasoline (RBK24 ) is up +2.56 (+0.93%). Crude and gasoline prices this morning are moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 7-month high. A weaker dollar today is supportive...

Barchart

8 things people with shiny hair always do that are easy additions to your routine

The simple steps those with shiny hair always follow to achieve glassy strands - according to pro-hairstylists and beauty experts...

Woman & Home

Shell appeals court ruling ordering it to slash emissions by 2030

A Dutch court has begun hearing an appeal brought by Shell against a landmark 2021 ruling ordering the multinational oil giant to reduce its carbon emissions by 45 percent by 2030.

Radio France Internationale

10 Best Dry Shampoo For 2024: For Fresh, Clean Hair Every Time

With its convenience and effectiveness, dry shampoo has become a staple in many people's hair care routines, providing a quick and easy way to keep hair looking and feeling its best.

Medical Daily

India to build first commercial crude oil strategic storage

India, the world’s third biggest oil consumer and importer, plans to build its first commercial crude oil strategic storage as part of efforts to shore up stockpiles as insurance against any supply disruption.

The Hindu

Bofa Raises 2024 Oil Forecasts Due To Supply Constraints

Bank of America raises 2024 oil forecasts due to supply constraints and geopolitical risks in response to evolving global energy landscape.

Top News

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UAE's Non-Oil Business Activity Growth Eases In March

Learn about the UAE's March PMI showing a slight easing in non-oil business activity growth and the importance of monitoring economic indicators for long-t...

The Guardian - UK

‘No choice’: Ukraine eyes Kerch bridge in Crimea for drone attack

Third attack on Kerch bridge between Russia and occupied Crimea ‘inevitable’, say Ukraine’s military intelligence

Top News

Oil Prices Rise Amid Supply Concerns In Global Market

Learn about the recent surge in oil prices due to geopolitical tensions and supply concerns impacting the global market.

Caixin Global

Two Ex-Executives of CNOOC Fall Amid Anti-Graft Storm

Two more industry veterans face probe as authorities target corruption in sprawling state-owned sector

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news in one place.

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Barchart

Crude Prices Strengthen on Geopolitical Risks and Improved Global Energy Demand

May WTI crude oil (CLK24 ) on Tuesday closed up +1.44 (+1.72%), and May RBOB gasoline (RBK24 ) closed up +4.89 (+1.80%). Crude and gasoline prices Tuesday settled moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 2-week high. A weaker dollar on Tuesday was supportive...

Latin Times

Nicolas Maduro Planning Visit to Russia, Kremlin Confirms

The expected visit is a sign of continued close ties between the two major-oil producing nations which are both at odds with the U.S.

Barchart

Crude Prices Firm on Geopolitical Risks and Strength in Global Energy Demand

May WTI crude oil (CLK24 ) this morning is up +1.07 (+1.28%), and May RBOB gasoline (RBK24 ) is up +2.32 (+0.86%). Crude and gasoline prices this morning are moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 2-week high. A weaker dollar today is supportive...

Axios

Antitrust enforcement gets bipartisan love — except for oil deals

Democrats and Republicans have locked hands to oppose mergers in other industries.

International Business Times

Oil Prices Surge To 6-Month Highs Amid Geopolitical Tensions, Supply Threats

Rising tensions in the Middle East and Eastern Europe contribute to a significant surge in oil prices, reaching levels not seen in six months.

Top News

Championx Acquired By SLB In .7 Billion Deal

ChampionX's .7 billion acquisition of SLB to enhance oilfield services and equipment offerings.

PC Gamer

We had another look at Still Wakes the Deep—and there's more than just slimy, stretched-out skin in the Beira D oil rig

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