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The Latest Breaking News from Oil

Breaking Live 6 publishers covering this story in the last 6 hours

6m ago Bitcoin trades near $86,000 as weaker US jobs data dims October Fed rate hike bets
8m ago Market wrap: ITC, BSE, HCL Tech, Asian Paints top gainers and losers on Nifty and Sensex on Monday
38m ago FD interest rate hike coming? With rising inflation, many experts expect RBI to hike interest rate
1h ago India's sunflower oil imports hit four-year low on Black Sea disruption; palm oil rises
1h ago Rupee ends flat, anchored by RBI intervention in face of global strains

Crude Little Changed as Middle East Tensions Ease

January WTI crude oil (CLF25 ) today is up +0.03 (+0.04%), and January RBOB gasoline (RBF25 ) is down -0.0203 (-1.04%). Crude oil and gasoline prices today are mixed, with gasoline falling to a -week low. Today's dollar weakness is supportive of energy prices. Also, expectations that OPEC+ will delay...

Barchart · Nov 27, 2024

Dubai Locks Foreigner Up for Life for Carrying CBD Oil Used to Treat Chronic Pain from Rare Disease: 'Kevin Will Not Survive'

Dubai's government has sentenced Maurice Kevin O'Rourke, a 64-year-old Canadian man, to life in prison after he was caught during an airport layover with CBD oil used to treat chronic pain caused by Addison's disease.

Latin Times · Nov 27, 2024

Trump's Tariff Threat To Canada May Disrupt Oil Markets, Inflate Prices: 'Would Likely Raise The Price Of Fuels,' Says Analyst

President-elect Donald Trump's move to impose 25% tariffs on Canada can thwart the growth of the stock markets and affect corporate profits, inflation, transportation and oil marketing companies.

Benzinga · Nov 27, 2024

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

Fossil fuel supply: the elephant in the room at climate change conferences

“Natural resources … are a gift from God. Every natural resource, whether it’s oil, gas, wind, sun, gold, silver, copper, they are all natural resources. Countries should not be blamed for having them, and should not be blamed for bringing these resources to the market because the market needs them.…

The Conversation · Nov 27, 2024

Asia Mostly In Green, Europe Markets Decline; Crude Oil And Gold Rise While Dollar Dips - Global Markets Today While US Slept

On Tuesday, November 26th, U.S. markets ended higher, with tech stocks rebounding as investors weighed Fed minutes signaling policy uncertainty and Trump’s new tariff threats. Automakers Ford and GM saw declines due to fears of rising supply chain costs and trade tensions.

Benzinga · Nov 27, 2024

Climate denial a unifying theme of Trump’s cabinet picks, experts say

Loyalists selected for important roles have offered staunch support to fossil fuels and downplayed climate crisis

The Guardian - US · Nov 27, 2024

U.S. Energy Lobbying Groups Say Trump's Proposed Tariffs Could Seriously Affect Consumers and the Industry

Canada, Mexico and the United States remain among the top four countries in oil production in the Americas alongside Brazil

Latin Times · Nov 26, 2024

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2 'Strong-Buy' Energy Dividend Stocks With 51% to 72% Upside in 2025

These top-rated dividend stocks are cheap now.

Barchart · Nov 26, 2024

Prospects for an Israel-Hezbollah Cease-Fire Weigh on Crude Prices

January WTI crude oil (CLF25 ) Tuesday closed down -0.17 (-0.25%), and January RBOB gasoline (RBF25 ) closed down -0.0027 (-0.14%). Crude oil and gasoline prices Tuesday gave up an early advance and fell to 1-week lows on a report that US President Biden will announce that Israel and Hezbollah...

Barchart · Nov 26, 2024

Biden's public lands director named to lead environmental group

A senior official in President Joe Biden’s administration who oversaw its contentious efforts to address climate change by curbing oil exploration on federal lands has been named the next president of a prominent environmental group

The Independent UK · Nov 26, 2024

Crude Oil Moves Lower; Dick's Sporting Goods Earnings Top Views

U.S. stocks traded mostly higher toward the end of trading, with the SP 500 gaining around 0.5% on Tuesday.

Benzinga · Nov 26, 2024

Oil Tank Explodes at GM's Milford Proving Ground, Damaging Homes

The Brighton Area Fire Authority and trucks from two dozen other departments battled a blaze this morning at General Motors’s Milford Proving Ground. A tank that stored an oil and brine solution exploded just before 7 a.m., according to the Detroit Free Press, damaging two nearby homes.

Motor1 · Nov 26, 2024

Trump’s ‘liberation day’ of tariffs is coming. What does it mean for U.S. consumers?

Sweeping tariffs could hit the U.S.’s largest trading partners outside of North America

The Independent UK · Nov 26, 2024

Landman episode 3 recap: Kill the well

Friends, foes, and rattlesnakes

WhatToWatch · Nov 26, 2024

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Salon · Nov 26, 2024

What are seed oils?

"While seed oils are not toxic, fat intake should be moderated in any diet to maintain good health"

Benzinga · Nov 26, 2024

Exxon Mobil Unusual Options Activity For November 26

Deep-pocketed investors have adopted a bearish approach towards Exxon Mobil (NYSE:XOM), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in XOM usually suggests something big is…

Benzinga · Nov 26, 2024

Assessing Devon Energy: Insights From 19 Financial Analysts

During the last three months, 19 analysts shared their evaluations of Devon Energy (NYSE:DVN), revealing diverse outlooks from bullish to bearish.

International Business Times · Nov 26, 2024

Saudi 2025 Budget Sees Lower Deficit On Spending Trims

Saudi Arabia on Tuesday approved a budget for 2025 that projected a smaller deficit than last year despite continued heavy spending on reforms to transition the economy away from oil.

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Barchart · Nov 26, 2024

Crude Prices Climb as OPEC+ Set to Delay Oil Production Increases

January WTI crude oil (CLF25 ) today is up +0.64 (+0.93%), and January RBOB gasoline (RBF25 ) is up +0.0231 (+1.18%). Crude oil and gasoline prices today recovered from early losses and moved higher after Bloomberg reported that OPEC+ had begun discussions to delay oil production further increases initially set...

Fortune · Nov 26, 2024

AI boom propels stock of Wild-West-era landowner up 200%

Texas Pacific Land Corp. owns nearly 900,000 acres in energy-rich West Texas, an area greater in size than Yosemite National Park.

The Independent UK · Nov 26, 2024

Tank containing oil drilling byproducts explodes and catches fire near GM facility in Michigan

A fire chief says a tank containing byproducts from oil drilling operations exploded and caught fire near the General Motors Proving Ground in southeastern Michigan, damaging two nearby homes but causing no injuries

USA Today Sports Media Group · Nov 26, 2024

Best photos from Colts’ Week 12 ‘Indiana Nights’ uniforms

The Indianapolis Colts wore their 'Indiana Nights' uniforms in Week 12. Let's take a look back at the best photos.

The Conversation · Nov 26, 2024

Are seed oils really as harmful as Robert F. Kennedy Jr. claims?

RFK Jr., Donald Trump’s pick to head the us Health and Human Services Department, wrote on X that Americans are being “unknowingly poisoned” by seed oils. He joins the growing list of people claiming that these oils are toxic. But are they?

Benzinga · Nov 26, 2024

Asia And Europe Markets Dip, Crude Oil And Gold Gain - Global Markets Today While US Slept

US markets ended higher on Monday, boosted by drop in bond yields and rate cuts. Asian markets mixed with Japan and Australia down, China and HK up.

The Independent UK · Nov 26, 2024

Trump threatens China, Mexico and Canada with new tariffs. But what does this actually mean for Americans’ pockets?

On the campaign trail, Trump claimed to his supporters that tariffs are ‘not going to be a cost to you, it’s a cost to another country.’ Economists warn this isn’t the case

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