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The Latest Breaking News from Oil

Khartoum's burning tower: architects on the destruction of a city – and what it'll take to rebuild

There has been a continued escalation in fighting between Sudan’s army and the paramilitary Rapid Support Forces. The destruction of the capital Khartoum continues – physically, economically, socially and culturally – as buildings are bombarded and homes looted. One of the city’s landmark skyscrapers, the Greater Nile Petroleum Oil Company…

The Conversation

‘You could fill a museum with it’: the $963m Roman Abramovich art collection revealed

Leak suggests the oil and gas tycoon and his ex-wife Dasha Zhukova amassed one of the most significant collections of modern art in private hands

The Guardian - UK

Top warming talks official hopes for 'course correction' and praises small steps in climate efforts

A top official of upcoming international climate negotiations hopes to prove critics wrong and surprise them with a “course correction” for an ever-warming world

The Independent UK

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Chevron vs. Occidental Petroleum: Which Warren Buffett Energy Stock is a Better Buy?

Dividend stability, earnings track record, oil price exposure - if you can pick only one of Warren Buffett's favorite energy stocks, should it be CVX or OXY?

Barchart

Crude Gives Up Early Gains as Stocks Tumble

November WTI crude oil (CLX23 ) on Thursday closed down -0.03 (-0.03%), and Nov RBOB gasoline (RBX23 ) closed down -0.26 (-0.10%). Nov WTI crude oil and gasoline prices on Thursday whipsawed throughout the day and finally settled with modest losses. An early rally in the dollar index (DXY00 )...

Barchart

Mohammed bin Salman to keep oil prices high to spur growth—'I’m trying to get Saudi Arabia back on the right track'

The pragmatic crown prince wants to lure manufacturing to the country and more star athletes like Cristiano Ronaldo to the football league.

Fortune

Crude Gains After Russia Bans Gasoline and Diesel Exports

November WTI crude oil (CLX23 ) this morning is up +0.83 (+0.93%), and Nov RBOB gasoline (RBX23 ) is up +1.96 (+0.76%). Nov WTI crude oil and gasoline prices this morning shook off early losses and are moderately higher after Russia banned gasoline and diesel exports, further tightening global fuel...

Barchart

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3 Must-Watch Energy Growth Stocks

Production cuts are aimed at preventing oversupply in the global oil market are expected to boost oil prices potentially. Moreover, the energy services industry is thriving thanks to robust demand. Hence, fundamentally sound energy stocks Schlumberger (SLB), Oceaneering International (OII), and Archrock (AROC) might be suitable additions to one’s watchlist.

StockNews.com

Sensex, Nifty decline for third consecutive session

NEW DELHI: Both Indian indices - sensex and Nifty - continued their decline for the third consecutive session on Thursday, primarily driven by fears of a more hawkish stance of the US Federal Reserve.

The Times of India

India to clock GDP growth of 6.5 pc in FY24 despite high crude oil prices: NITI Aayog member Arvind Virmani

India's GDP growth projected at 6.5% for FY24, despite high crude oil prices & increased uncertainty due to climate change. Gross household savings ratio consistently up, net household savings down due to consumer debt. Inflationary impact of oil prices, but govt has managed food inflation well.

The Hindu

Courgette season is nearly over – here’s three ways to make the most of them

Courgettes are the perfect vehicle for transitioning your cooking from summer into autumn. Hannah Twiggs shares three of her favourite ways to cook the versatile yet budget-friendly staple

The Independent UK

A month after Ecuador's historic vote to end oil extraction in Yasuní National Park, its lessons are as vital as ever to Canadians

One month ago, on Aug. 20, Ecuador voted to end all oil extraction in Yasuní National Park, marking a historic decision in the global effort to halt fossil fuel extraction in ecologically important regions. As climate emergencies rise globally, Ecuador has set a global precedent by protecting one of the…

The Conversation

Chris Packham: Is It Time to Break the Law? review – the bravest, most anguished TV of the year

This extraordinarily honest eco-documentary sees the nature presenter wrestle with an existential crisis – and he’s so desperate he risks his entire future

The Guardian - UK

Crude Gives up Early Gains on a Hawkish Fed

October WTI crude oil (CLV23 ) on Wednesday closed down -0.92 (-1.01%), and Oct RBOB gasoline (RBV23 ) closed down -3.89 (-1.46%). Oct WTI crude oil and gasoline prices Wednesday gave up early gains and posted moderate losses after the Federal Reserve raised its estimate for interest rates next year,...

Barchart

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news in one place.

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Barchart

Weak Crude Oil Prices Spark Long Liquidation in Sugar Futures

Oct NY world sugar #11 (SBV23 ) on Wednesday closed -0.65 (-2.37%), and Dec London white sugar #5 (SWZ23 ) closed -13.50 (-1.82%). Sugar prices on Wednesday closed sharply lower after a -1% fall in crude oil prices sparked long liquidation pressures in sugar futures. Weaker crude prices undercut ethanol...

Barchart

3 Oil Price Risks to Know Before You Buy Energy Stocks

Some brokerages now see oil prices rising to $100 in the short term. Should you buy energy stocks now after the recent rally in oil prices?

The Independent UK

‘They’ve played us for fools’: California Governor Gavin Newsom calls out fossil fuel industry to cheers at UN

The California governor has thrown his support behind Biden and Harris’ 2024 re-election campaign but political commentators are speculating over a 2028 bid

StockNews.com

3 Energy Stocks to Track for Momentum

Extended production cuts by major oil-producing nations and rising global oil demand have led to higher oil and pump gas prices. Thus, it could be wise to monitor leading energy stocks Archrock (AROC), Halliburton (HAL), and Newpark Resources (NR), which have been displaying solid momentum. Read more….

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news in one place.

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Barchart

Crude Prices Gain on a Bullish Weekly EIA Report

October WTI crude oil (CLV23 ) this morning is up +0.23 (+0.25%), and Oct RBOB gasoline (RBV23 ) is down -1.15 (-0.43%). Oct WTI crude oil prices this morning are mixed, with gasoline falling to a 1-week low. A weaker dollar today is supportive of energy prices. Also, crude prices...

Barchart

Take Advantage of These 3 Oil & Gas Stocks with Dividends Over 5%

Oil prices have been on the upswing recently, recovering from a weak start to 2023. To take advantage of higher energy prices, here are three stocks with steady dividend yields that can find space in your portfolio.

Al Jazeera

What to know about the Nagorno-Karabakh ceasefire

The surprise announcement averts further escalation of the conflict, which already claimed dozens of lives.

Barchart

$100 Oil? Should You Buy Oil Stocks Before They Break Out?

If oil trades over $100 a barrel, here are 3 stocks poised to profit.

Fortune

Chevron CEO says we're headed for oil at $100—but is confident consumers can handle it

Why are gas prices so expensive? When will gas get cheaper? Where can you get the cheapest gas? Here's what you need to know.

Evening Standard

Best argan oil for hair that’s soft, smooth and frizz-free

Your hair’s new BFF

The Guardian - UK

How to make croquetas – recipe

Widely adored and addictively crunchy, these deep-fried wonders are stuffed with a rich, creamy filling and much easier to make than you might think

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