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The Latest Breaking News from Oil

Another large earthquake shows seismic activity continues to increase in West Texas, experts say

The 5.2 magnitude earthquake is tied for the fourth strongest in Texas history. It occurred in an area where oilfield companies have long been injecting wastewater from fracking underground.

The Texas Tribune

Crude Prices Retreat on Energy Demand Concerns

December WTI crude oil (CLZ23 ) on Wednesday closed down -2.04 (-2.64%), and Dec RBOB gasoline (RBZ23 ) closed down -0.0392 (-1.81%). Crude oil and gasoline prices Wednesday extended Tuesday's sharp losses, with crude falling to a 3-1/2 month low and gasoline dropping to a 10-1/2 month low. A weaker...

Barchart

Weakness in Crude Oil Weighs on Sugar Prices

March NY world sugar #11 (SBH24 ) on Wednesday closed -0.38 (-1.38%), and Dec London ICE white sugar #5 (SWZ23) closed -3.40 (-0.45%). Sugar prices Wednesday closed moderately lower and were under pressure from a slump in crude oil prices. On Wednesday, WTI crude (CLZ23 ) fell more than -2%...

Barchart

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Fossil fuel industry blocks climate goal

Huge legal, political, and economic obstacles stand in the way of limiting global temperature rise to 1.5 C

Salon

Oil and gas ‘not the problem’ for climate, says UK’s net zero minister

Campaigners call Graham Stuart’s comments ‘laughable’ and say Conservatives are weaponising climate action

The Guardian - UK

Mountain Dew is healthier than I thought

Don't be afraid to "Do the Dew." Unlike some other sodas, it doesn't contain brominated vegetable oil

Salon

Suncor Energy (SU) Pre-Earnings Outlook

Should investors consider investing in Suncor Energy (SU) before its third-quarter financials release amid concerns about climate pledges and a hefty acquisition? Let’s look at its financial metrics to know more….

StockNews.com

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Energy Demand Concerns Spark Fund Selling in Crude

December WTI crude oil (CLZ23 ) this morning is down -1.43 (-1.85%), and Dec RBOB gasoline (RBZ23 ) is down -0.0227 (-1.05%). Crude oil and gasoline prices this morning extended Tuesday's sharp losses, with crude falling to a 3-1/2 month low and gasoline dropping to a 10-1/2 month low. A...

Barchart

I Traveled Across the Globe to Find the Best Italian Beauty Brands

My biggest discovery: The country’s beauty industry is booming.

Marie Claire

Has Crude Oil Turned Bearish?

There has been a lot of chatter about the downturn in crude oil of late, with the key question being if it is now a bearish market.

Barchart

Holiday dining at home: Olive oil-poached turkey by Chef Steve Chiappetti at the Albert

“When my mother roasted a turkey, she told me that both flavor and a juicy center were key.”

Chicago Sun-Times

Holiday dining at home: Japanese fried chicken by executive chef Hisanobu Osaka at Miru

“About 70 percent of the chicken sold in Japan each year is sold during the month of December because fried chicken is so popular as a holiday meal,” said Osaka.

Chicago Sun-Times

Power Your Portfolio With These 3 Energy Stocks Buys

High global demand for oil and gas, combined with output cuts, and unrest in the Middle East, has led to high oil prices this year. Therefore, investors might power their portfolios by adding fundamentally strong energy stocks Permianville (PVL), CVR Energy (CVI), and TotalEnergies (TTE) this month. Read on.

StockNews.com

Fossil fuel interests have large, yet often murky, presence at climate talks, AP analysis finds

Close to 400 people connected to fossil fuel industries in some way or another attended last year’s United Nations’ climate talks in Egypt

The Independent UK

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The Guardian - US

Texas produces twice as much methane as better regulated neighbor, study finds

Data shared with Guardian reveals Texas oil and gas fields emitting far more methane than New Mexico, prompting calls for stiffer curbs

Evening Standard

Police and Just Stop Oil at loggerheads after ambulance car blocked

Police move in to remove protesters blocking bridge where ambulance was held up

Evening Standard

Police make 40 arrests as Just Stop Oil 'block ambulance' in Waterloo Bridge protest

Police move in to remove protesters blocking bridge where ambulance was held up

Fortune

Shell edges out Volkswagen to top the list of companies bringing in the most revenue in Europe

An energy crisis sent Shell's profits soaring as oil and gas companies dominated the inaugural Fortune 500 Europe list.

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news in one place.

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The Guardian - UK

BP projects have helped fund Azerbaijan military aggression, say campaigners

Exclusive: Global Witness claims UK firm has indirectly helped fund aggression against ethnic Armenians in Nagorno-Karabakh

StockNews.com

Top 3 Oil Stocks to Invest in November

Industry experts predict an oil price upswing due to robust demand and supply constraints. Given that the potential price tailwinds could keep the energy industry buoyed, fundamentally strong oil stocks Ultrapar Participações S.A. (UGP), Transportadora de Gas del Sur S.A. (TGS), and Repsol, S.A. (REPYY), could be wise portfolio additions…

The Independent UK

Ambulance heading to emergency blocked as Just Stop Oil clash with police on Waterloo Bridge

Met Police said the ambulance, which had flashing blue lights on, wasn’t able to get over the London bridge due to the climate change protest

The Hindu

Indian Oil to expand its LNG terminal at Kamarajar Port in Chennai

IOCL plans to double capacity of its LNG terminal in Ennore, Chennai. No additional land required. Cost of project estimated at ₹3,000 crore. Expansion to supply clean energy to TN, AP, Karnataka. Re-gasified LNG to be used for power, fertiliser plants, city gas, vehicles, piped natural gas. Terms of Reference…

The Independent UK

44 charged after Just Stop Oil protests in Whitehall and National Gallery

Since October 30, 219 activists from the group have been arrested and 98 have been charged.

Evening Standard

Just Stop Oil: 44 people charged after protesters target National Gallery and Whitehall

Glass protecting a painting was smashed, and traffic in Whitehall brought to a standstill during the protests

The Guardian - UK

‘Insanity’: petrostates planning huge expansion of fossil fuels, says UN report

Plans by nations including Saudi Arabia, the US and UAE would blow climate targets and ‘throw humanity’s future into question’

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