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The Latest Breaking News from Oil

Mounting tension in Red Sea spiking crude oil cost, Iran smuggles oil

Discover how Iran continues to sell oil despite sanctions, using a network of smugglers known as the Ghost Armada. Learn about the impact on the global eco...

Top News

Predicting the 2024 Energy Stock Gainers: XOM vs. VLO

To capitalize on the potential significant rise in oil prices due to geopolitical tensions this year, which of the two energy stocks, Exxon Mobil Corporation (XOM) and Valero Energy Corporation (VLO), could provide better returns this year? Read more to find out.

StockNews.com

Oil prices hit $80 a barrel as fears grow over Red Sea disruption to trade

Experts warn of economic impact of sustained shipping attacks and Middle East tensions

The Guardian - UK

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Not all carbon-capture projects pay off for the climate – we mapped the pros and cons of each and found clear winners and losers

Capturing carbon dioxide from the air or industries and recycling it can sound like a win-win climate solution. The greenhouse gas stays out of the atmosphere where it can warm the planet, and it avoids the use of more fossil fuels.

The Conversation

Europe buying Russian oil via India at record rates in 2023 despite Ukraine war

India is benefiting from importing cut-price Russian oil amid European sanctions – and also selling that same oil to EU markets at full price once it has been refined

The Independent UK

I'm a Beauty Editor and these are the 9 best bath oils you need to try (when you get more than five minutes to yourself)

We've put the best bath oils through their paces to see which deliver maximum pampering potential

GoodToKnow

Ennore oil spill exposes absence of private cleaning agencies in Chennai: Coast Guard officer

Recalling how the Indian Coast Guard was involved in the detection and clean-up of the oil spill in Ennore and surrounding areas, a senior officer on board ICGS SHAURYA on Friday, January 12, 2024, underlined the absence of private companies that specialised in cleaning up oil spills in this part…

The Hindu

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Crude oil steady as Yemen strikes, bank reports emerge

In this market update, crude oil prices show little reaction to the strikes in Yemen, while banks report their latest financial results. Stay informed with...

Top News

Oil prices rise on fears of wider regional conflict after strikes on Houthi targets

Oil prices jumped over 2 percent after the US and UK carried out strikes on Houthi-controlled areas in Yemen, amid fears of an escalation of the conflict in the Middle East. Major shipping companies stopped travelling through the Suez Canal and Red Sea routes in early December after a spate…

France 24

Iran seizes oil tanker in Gulf of Oman, diverts it to port

This informative article discusses the recent seizure of an oil tanker by the Iranian navy in the Gulf of Oman, the reasons behind it, and international re...

Top News

3 Stocks Ready to Rocket as the Market Rebounds (Hint: They Just Hit This Key Indicator)

Market rebounding? 3 stocks with soaring potential fueled by a key indicator.

Barchart

Oil prices surge as US and Britain target Houthi bases

Discover how oil prices experienced a 2% increase following the US and Britain striking Houthi targets, and the potential implications for the global oil m...

Top News

Oil Rallies As US, UK Strike Houthis, Stocks Mixed After US CPI

Oil prices surged Friday after US and UK forces launched strikes against Iran-backed Houthi rebels in Yemen following attacks on ships in the Red Sea, fuelling worries about a wider conflict in the crude-rich region.

Latin Times

Aldi is selling a new oil-filled radiator and fan heater for under £30 that costs pennies to run

Stay warm this winter for less

Ideal Home

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AAP

Energy producers welcome new look at offshore approvals

The federal government is examining the consultation process for offshore oil and gas projects after court decisions in favour of traditional owners.

International Business Times

Oil Rallies As US, UK Strike Huthis, Stocks Mixed After US CPI

Oil prices surged Friday after US and UK forces launched strikes against Iran-backed Huthi rebels in Yemen following attacks on ships in the Red Sea, fuelling worries about a wider conflict in the crude-rich region.

Top News

Asian shares cautious as oil jumps on US strikes

Asian shares are trading cautiously as oil prices surge following US strikes in Yemen. Investors are keeping a close watch on geopolitical tensions.

Top News

Iran seizes US oil tanker, escalates tensions in the region

Read about the escalating tensions in the Gulf of Oman as Iran seizes a U.S. oil tanker and fires an anti-ship missile, prompting investigations and calls ...

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Barchart

Crude Prices Post Moderate Gains as Geopolitical Risks Rise in the Middle East

February WTI crude oil (CLG24 ) on Thursday closed up +0.65 (+0.91%), and Feb RBOB gasoline (RBG24 ) closed up +4.70 (+2.27%). Crude oil and gasoline prices Thursday settled moderately higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf...

Reason

Milei Wants Argentina To Take Back the Falkland Islands

The government says it's about sovereignty. It might be about oil, too.

International Business Times

Iran Seizes Oil Tanker Off Oman In Dispute With US

Iran's navy seized a ship off Oman to retaliate for the "theft" of its oil from the same tanker last year by the United States, state media said Thursday.

The Independent UK

Iran seizes oil tanker off Oman as Middle East tensions rise

Seizure comes as the Iran-backed Houthis attack ships in the Red Sea

StockNews.com

3 Rising Oil & Gas Stocks to Buy for Positive Investments

The global oil and gas market is flourishing with increased demand amid an unstable geopolitical backdrop. Hence, fundamentally strong oil & gas stocks Cheniere Energy (LNG), Plains All American Pipeline (PAA), and Hess Midstream (HESM) might be worth buying for positive gains. Read more….

Evening Standard

Iran claims it seized oil tanker 'over theft of oil by US'

The St Nikolas was previously seized by Washington in a sanctions enforcemnet operation

The Guardian - UK

Iran seizes oil tanker with links to US in Gulf of Oman

Taking of vessel relates to dispute over sanctioned oil but will worsen tensions over marine navigation in Middle East

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