The Latest Breaking News from Oil

Momentum building to protect Great Australian Bight

The SA government and a senior Mirning Elder have joined calls for the Great Australian Bight and its marine life to be protected from oil and gas drilling.

AAP · Nov 9, 2024

Russia to ‘merge three oil companies’ to boost war effort

The merger of Rosneft Oil, Gazprom Neft and Lukoil would be second only to Saudi Arabia’s Aramco’s output

The Independent UK · Nov 9, 2024

Trump's 'Drill, Baby, Drill' Mantra May Fizzle In Market

An increase in oil production, which is already the highest in the world, could lead to lower prices and smaller corporate profits

Latin Times · Nov 9, 2024

Azerbaijan is the host of the UN's climate conference, shining a spotlight on the petrostate

Diplomats from across the world will descend on the Azerbaijani capital of Baku for the annual climate summit, known as COP29, to discuss how to avoid the increasing threats from climate change in a place that was one of the birthplaces of the oil industry

The Independent UK · Nov 9, 2024

How to turn old bagged salad into a nutritious soup – recipe

If you catch wilted salad leaves before they turn completely, you can use them in soup much as you would spinach or cabbage

The Guardian - UK · Nov 9, 2024

Crude Closes Lower On China Energy Demand Woes

December WTI crude oil (CLZ24 ) Friday closed down -1.98 (-2.74%), and December RBOB gasoline (RBZ24 ) closed down -0.0411 (-2.00%). Crude oil and gasoline prices Friday were under pressure after Chinese stimulus measures were seen as underwhelming, which may keep Chinese economic growth and energy demand subdued. Also, Friday's...

Barchart · Nov 8, 2024

Will the Technical Support Hold in Crude Oil after the Election?

Crude oil prices have been falling, making lower highs, since this year’s April 2024 high. The U.S. election has changed the oil market’s dynamics.

Barchart · Nov 8, 2024

Crude Oil Tumbles on Disappointment About Chinese Stimulus Measures

December WTI crude oil (CLZ24) today is down -2.14 (-2.96%), and December RBOB gasoline (RBZ24) is down -0.0459 (-2.24%). Crude oil and gasoline prices today are under pressure after Chinese stimulus measures were seen as underwhelming, which may keep Chinese economic growth and energy demand subdued. Also, today's dollar strength...

Barchart · Nov 8, 2024

Cop29 CEO filmed agreeing to facilitate fossil fuel deals at climate summit

Elnur Soltanov recorded speaking with fake oil and gas group that asked for deals in exchange for sponsoring talks

The Guardian - UK · Nov 8, 2024

EOG Resources Stock: Analyst Estimates & Ratings

Although EOG Resources has lagged behind the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Barchart · Nov 8, 2024