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The Latest Breaking News from Oil

From skincare to hair and make-up, beauty editor Edwina Ings-Chambers selects her favourite wallet-friendly picks — that really work

Evening Standard

As federal money flows to carbon capture and storage, Texas bets on an undersea bonanza

The state is awarding offshore leases to oil and gas companies that hope to bury heat-trapping carbon dioxide deep beneath the seafloor. But critics worry about leakage and the lackluster record of carbon capture facilities onshore.

The Texas Tribune

Russia-Ukraine war at a glance: what we know on day 574 of the invasion

Oil refinery in Kremenchuk put out of operation by Russian strike; Shoigu says Russian and Iranian coperation has reached a new level

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Skyjackings, strikes and political strife: 50 years of Europe in photos, part one

The Guardian’s Europe correspondent Jon Henley and picture editor Guy Lane reflect on a half-century of upheaval

The Guardian - UK

Ukraine oil refinery fire sparked by drone attack, Russia downs four UAVs

A refinery hit in Ukraine’s Poltava as Kyiv and Moscow trade drone attacks, four UAVs shot down over western Russia.

Al Jazeera

Ukraine's Zelensky tells UN Security Council Russian invasion 'criminal'

Russian leader Vladimir Putin said on Wednesday he had accepted Chinese President Xi Jinping's invitation to travel to China in October. The announcement came as Ukrainian President Volodymyr Zelensky took part in a special session on Ukraine at the UN Security Council on Wednesday, where he said that Russia's invasion…

France 24

Stocks Fall Ahead of FOMC Meeting Results on Wednesday

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.22%. Stocks fell on Tuesday’s weak U.S. housing starts...

Barchart

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Top analyst Ed Yardeni raises the odds of recession to 25% citing oil prices rising to $94 and a potential repeat of 1970s-style stagflation

If oil prices rise to and remain above $100 per barrel, Yardeni fears we could see a repeat of the inflationary 1970s.

Fortune

Suella Braverman defies Tory critics and says ‘we won’t save planet by bankrupting Britain’

Suella Braverman blasted ‘totally unrealistic and punitive’ green targets set by previous governments

The Independent UK

Crude Prices Post 10-1/2 Month High on Tight Supply Outlook But Then Fall Back

October WTI crude oil (CLV23 ) on Tuesday closed -0.28 (-0.31%), and Oct RBOB gasoline (RBV23 ) closed -3.98 (-1.48%). Oct WTI crude oil prices on Tuesday climbed to a new 10-1/2 month high on the nearest-futures chart, extending the rally seen in the past three months driven by expectations...

Barchart

3 Energy Stocks Under $20 to Consider as Oil Prices Rise

Energy stocks have outpaced the broader markets lately due to rising oil prices. Here are three cheap energy stocks that are trading at a steep discount to consensus price target estimates.

Barchart

Crude Prices Post 10-1/2 Month High on Tight Supply Outlook

October WTI crude oil (CLV23 ) today is up +1.45 (+1.59%), and Oct RBOB gasoline (RBV23 ) is down -0.0130 (-0.48%). Oct WTI crude oil prices today climbed to a new 10-1/2 month high on the nearest-futures chart, extending the rally seen in the past three months driven by expectations...

Barchart

The ultimate kid-friendly recipe? Alice Zaslavsky’s tray-bake pizza

It’s hands-on, versatile and tastes as good as it looks. For an easy school holiday cooking project for children of all ages, pizza is perfect

The Guardian - AU

Stocks Fall as Crude Oil Surge Complicates the FOMC’s Task

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. Stocks are falling on this morning’s weak U.S. housing...

Barchart

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Barchart

Occidental Petroleum Looks Cheap Here Given Its Huge Free Cash Flow

Occidental Petroleum generated $1 billion in free cash flow last quarter. It could have exceeded that in Q3 with higher oil prices. That makes it attractive to value buyers and short-put traders.

Barchart

S&P Futures Plunge Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns

December S&P 500 futures (ESZ23) are trending down -0.51% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.

Chicago Sun-Times

Tomato and garlic confit a delicious and highly versatile option for your end-of-season harvest

The key to the recipe is its simplicity of ingredients and the slow cooking time, which allows the tomatoes to reduce to a juicy sludge and a whole head of garlic to collapse and melt into a buttery paste.

Barchart

S&P Futures Tick Lower Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns

December S&P 500 futures (ESZ23) are trending down -0.05% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.

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Barchart

Markets Today: Stocks Little Changed as FOMC Expected to Announce a Hawkish Pause

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) and Dec Nasdaq 100 E-Mini futures (NQZ2 3) this morning are little changed. Stock index futures this morning are little changed but are seeing downward pressure from this morning’s weak U.S. housing starts report and today’s +3.8 bp rise in the...

WEKU

5 Americans freed from prison in Iran land on U.S. soil

The former prisoners were tearfully reunited with family and friends at the airport, hugging and crying after years of enforced separation.

Fortune

BP names Kate Thomson as interim CFO. Now, 3 major oil and gas companies have women at the helm of finance

Thomson brings deep technical knowledge together with a detailed understanding of the company, says BP's interim CEO Murray Auchincloss.

The Conversation

EV sales growth points to oil demand peaking by 2030 − so why is the oil industry doubling down on production?

Electric vehicle sales are growing faster than expected around the world, and, sales of gas- and diesel-powered vehicles have been falling. Yet, the U.S. government still forecasts an increasing demand for oil, and the oil industry is doubling down on production plans.

The Guardian - UK

Crude oil tops $95 a barrel raising fears of return to rising inflation

Oil price is bad news for central banks trying to tame inflation and will add to pressure to further increase interest rates

France 24

As autoworkers' strike continues in US, Ford workers threaten walkout in Canada

Negotiations between the Canadian Unifor union – representing 5,700 workers – and carmaker Ford have been extended for another 24 hours after a prior labour contract expired at midnight on Monday. A strike could be on the cards if a deal is not found by then. Meanwhile, the US's major…

Barchart

S&P Futures Tick Higher Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns

December S&P 500 futures (ESZ23) are trending up +0.12% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.

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