The Latest Breaking News from Oil

Sugar Prices Slide as Crude Oil Plunges

October NY world sugar #11 (SBV24 ) today is down -0.32 (-1.70%), and Oct London ICE white sugar #5 (SWV24 ) is down -6.00 (-1.14%). Sugar prices today added to Monday's losses and posted 2-week lows. Today's -4% selloff in WTI crude oil (CLV24 ) to a 16-month low is...

Barchart · Sep 10, 2024

As New Mexico Shakes, State Cancels Dozens of Planned Wastewater Injection Sites

Study uncovers thousands of undocumented quakes, underscoring the link between injection sites and seismic activity.

Capital & Main · Sep 10, 2024

Crude Prices Tumble on Global Energy Demand Concerns

Oct WTI crude oil (CLV24 ) today is down -2.52 (-3.67%), and Oct RBOB gasoline (RBV24 ) is down -4.96 (-2.58%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 16-month nearest-futures low and gasoline dropping to a 3-1/2 year low. A stronger dollar today...

Barchart · Sep 10, 2024

Oil companies on edge as Colombian guerrillas resume attacks on pipelines after peace talks collapse

Since late August, the ELN has carried out at least 14 attacks on pipelines, spilling crude oil into rivers and igniting fires that have disrupted operations

Latin Times · Sep 9, 2024

Crude Closes Higher as Tropical Storm Francine Gathers Strength in Gulf of Mexico

Oct WTI crude oil (CLV24 ) Monday closed up +1.04 (+1.54%), and Oct RBOB gasoline (RBV24 ) closed up +2.44 (+1.29%). Crude oil and gasoline prices Monday rallied on some short-covering after last week's plunge to a 14-month nearest-futures low. Crude oil prices also saw support as Tropical Storm Francine...

Barchart · Sep 9, 2024

New stormwater infrastructure is needed for Canadian cities to handle increased urban flooding

Urban flooding is increasingly concerning in Canada, where water drainage systems are at risk of being overwhelmed. Natural watersheds have been greatly altered by construction disturbing the natural ways that water flows from rainfall, across the land and into water bodies. The result is that drainage infrastructure must cope with…

The Conversation · Sep 9, 2024

Russia’s shadow oil fleet and Gaza ceasefire plan to top US-UK talks in London

Antony Blinken to meet David Lammy in precursor to Joe Biden’s talks with Keir Starmer in Washington

The Guardian - UK · Sep 9, 2024

Crude Gains as a Tropical Storm Gathers Strength in the Gulf of Mexico

Oct WTI crude oil (CLV24 ) today is up +0.28 (+0.41%), and Oct RBOB gasoline (RBV24 ) is up +1.04 (+0.55%). Crude oil and gasoline prices today are mildly higher on some short-covering after last week's plunge to a 14-month nearest-futures low. Crude oil prices also saw support as Tropical...

Barchart · Sep 9, 2024

BP extends use of AI in five-year deal with spy tech firm Palantir

Oil and gas company to use artificial intelligence to speed up decision-making by engineers

The Guardian - UK · Sep 9, 2024

Under both Trump and Biden-Harris, US oil and gas production surged to record highs, despite very different energy goals

The United States is producing more oil and natural gas today than ever before, and far more than any other country. So, what roles did the Trump-Pence and Biden-Harris administrations play in this surge?

The Conversation · Sep 9, 2024