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The Latest Breaking News from Oil

FTSE 100 Live: Index climbs, Oil giants and Metro Bank shares under pressure, Imperial Brands in £1bn buyback

Figures on US wage and employment growth will today keep the interest rate outlook in focus at the end of a volatile week for markets.

Evening Standard

Stock market today: Asian shares rise, buoyed by Wall Street rally from bonds and oil prices

Asian shares are mostly higher as a plunge in oil prices aided a recovery on Wall Street

The Independent UK

West End theatre issues statement after Just Stop Oil storm Les Miserables

Five people were arrested after protestors invaded the stage at the Sondheim Theatre

The Independent UK

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Five arrested as Just Stop Oil protesters interrupt Les Miserables performance

Just Stop Oil protesters disrupted a performance of Les Miserables at the Sondheim Theatre in London’s West End on Wednesday night.

The National (Scotland)

Israeli arms quietly helped Azerbaijan retake Nagorno-Karabakh, to the dismay of region's Armenians

Israel has quietly helped fuel Azerbaijan’s campaign to recapture Nagorno-Karabakh, supplying powerful weapons to the country ahead of its lightening offensive last month that brought the Armenian separatist enclave in its territory back under its control

The Independent UK

Nearly every Alaskan gets a $1,312 oil check this fall. The unique benefit is a blessing and a curse

Nearly every Alaskan will receive a check for $1,312 this week, the annual dividend from the earnings of the state’s nest-egg oil-wealth fund

The Independent UK

KTR launches tirade against both Congress and BJP

KTR slams Congress, BJP for cheating Telangana; inaugurates irrigation scheme, lays foundation stone for oil palm factory. He accuses Congress of depriving people of proper drinking water, power cuts, and making false promises. He accuses BJP of diverting tax revenue from Telangana and neglecting the State. KCR's dynamic leadership has…

The Hindu

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Surfers for Climate shoot down PEP11 claim

Almost all Surfers for Climate survey respondents oppose PEP11.

Newcastle Herald

European Parliament Corrects Burdensome Essential Oils Rules

Amendment 32 addresses flawed regulations, ensuring affordable products and protecting EU exporters

Zenger

Spicy noodles, miso eggplant, chickpea curry: Adam Liaw’s easy meat-free recipes

From the TV host and cookbook author comes a trio of dishes that are fast, flavourful and vegetarian-friendly

The Guardian - AU

Just Stop Oil protest disrupts Les Misérables performance in London

Five arrested after group members storm production, unveiling banners and locking themselves to stage

The Guardian - UK

Just Stop Oil protesters storm stage at Les Miserables in West End

Audience members heard booing protesters after they stormed stage

The Independent UK

Just Stop Oil protesters disrupt West End performance of Les Miserables

Four protesters locked themselves to the stage using flexible bicycle locks, the group said.

The Independent UK

Just Stop Oil: Police appeal after activists storm Les Miserables show in London

Five people arrested as protest leads to chorus of boos from audience and cancellation of performance

Evening Standard

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Barchart

Crude Prices Sink as U.S. Gasoline Demand Slumps

November WTI crude oil (CLX23 ) on Wednesday closed down -5.01 (-5.61%), and Nov RBOB gasoline (RBX23 ) closed down -16.21 (-6.87%). Nov WTI crude oil and gasoline prices on Wednesday sold off sharply, with crude falling to a 5-week low and gasoline tumbling to a 9-1/2 month low. Wednesday's...

Capital & Main

‘A Setup for Disaster’: California Legislation Requiring Companies to Pay for Oil and Gas Well Cleanup in Limbo

The bill, which awaits a decision by Gov. Gavin Newsom, follows ProPublica’s reporting on the multibillion-dollar cost to clean up California’s oil and gas industry and the exodus of major companies shifting ownership of thousands of aging wells.

StockNews.com

Should Investors Buy Exxon Mobil (XOM) Stock Before Its Q3 Earnings?

Despite the expected tightness in oil supplies this year arising out of production cuts, concerns about the lack of demand may restrict oil prices from going up. In this scenario, should investors buy Exxon Mobil (XOM) before its third-quarter earnings? Read on to learn my view….

Evening Standard

Best oil for hair extensions for smooth, nourished lengths

Keep those extensions looking hair-mazing

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Barchart

Crude Plunges as U.S. Gasoline Demand Slumps

November WTI crude oil (CLX23 ) this morning is down -3.88 (-4.35%), and Nov RBOB gasoline (RBX23 ) is down -12.93 (-5.48%). Nov WTI crude oil and gasoline prices this morning are sharply lower, with crude falling to a 1-month low and gasoline tumbling to a 9-month low. Today's weaker-than-expected...

The Conversation

How oil and gas company tax reliefs could lose the UK billions

The recently-approved Rosebank oil field in the North Sea has been touted as a way to boost the UK economy and its energy security. But even with its windfall tax on energy company profits, the project is a good example of how the UK could miss out on billions in…

Fortune

Ray Dalio warns Biden’s chip ban is similar to the pre-WW2 oil sanctions the U.S. placed on Imperial Japan

Ray Dalio, the billionaire founder of Bridgewater Associates, warned U.S.-China relations are “on the brink.”

The Texas Tribune

Oilfield companies helped to craft Texas’ new waste rules for 2 years before the public got to see them

The effort to update the state’s oilfield waste disposal rules was initiated by Railroad Commissioner Jim Wright, one of the state’s top oil and gas regulators who has investments in the industry.

The Hindu

Jagan Mohan Reddy lays foundation stone for projects worth ₹3,008 crore

CM Jagan Mohan Reddy virtually inaugurated 3 projects and laid foundation stones for 9 projects worth ₹3,008 crore with potential employment of 7,000. An MoU was signed with '3F Oil Farm' for a palm oil unit with ₹250 crore investment, providing 1,500 jobs. He assured full cooperation to industrialists and…

Barchart

Have Oil Prices Peaked or is This a Temporary Dip?

While the U.S. and Europe continue to favor alternative and renewable fuels, crude oil remains the energy commodity that powers the world. After reaching a low in May 2023, crude oil has moved significantly higher to over $95 per barrel at the most recent high.

StockNews.com

Energy Select Sector SPDR ETF (XLE) and iShares U.S. Energy ETF (IYE): Do These Energy ETFs Deserve Your Investment?

Tight supplies amid extended output cuts by Saudi and Russia and soaring oil demand worldwide are expected to feed into higher oil and gas prices this year and beyond. Amid this backdrop, let’s find out if energy ETFs Energy Select Sector SPDR ETF (XLE) and iShares U.S. Energy ETF (IYE)…

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