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The Latest Breaking News from Oil

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

The Guardian - UK

Crude Prices Jump After Iran Seizes an Oil Tanker in Gulf of Oman

February WTI crude oil (CLG24) this morning is up +1.96 (+2.75%), and Feb RBOB gasoline (RBG24) is up +5.98 (+2.89%). Crude oil and gasoline prices this morning are sharply higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf of...

Barchart

AI, satellite pics reveal ocean activities happening out of sight

Humans are racing to harness the ocean’s vast potential to power global economic growth. Worldwide, ocean-based industries such as fishing, shipping and energy production generate at least US$1.5 trillion in economic activity each year and support 31 million jobs.

The Hindu

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Tanker in Gulf of Oman 'seized' after being boarded by men in military uniforms

Suspicion has fallen on Iran over apparent seizure as vessel was involved in dispute between Iran and US

Evening Standard

Oil tanker in Gulf of Oman boarded by masked men in military uniforms

Vessel bound for Turkey from Iraq was once at the centre of a crisis between Iran and the United States.

Al Jazeera

3 Oil & Gas Stocks in Focus This Week

Robust demand for oil and gas, production dynamics, and geopolitical tensions project a potential surge in oil prices for the foreseeable future. To that end, let's turn our attention to scrutinizing quality oil and gas stocks Enterprise Products Partners L.P. (EPD), Marathon Petroleum Corporation (MPC), and Global Partners LP (GLP),…

StockNews.com

New Jersey Gas Prices: Today vs. Yesterday

In New Jersey, as of 11 January 2024, gas prices have remained remarkably stable, holding firm at .93 per gallon for regular unleaded gasoline, mirroring...

Top News

Brunei's Polo-playing Prince To Marry Commoner

Brunei's polo-playing Prince Abdul Mateen, one of Asia's most eligible bachelors, is set to marry his commoner fiancee on Thursday as part of a lavish 10-day celebration in the oil-rich sultanate.

International Business Times

Rajasthan CM flags off 2,100 cooking oil drums for Sita Rasoi in Ayodhya

Rajasthan Chief Minister Bhajan Lal Sharma on Wednesday flagged off 2,100 cooking oil drums and a ‘Ram Durbar’ procession, heading to ‘Sita Rasoi’ (Sita’s kitchen) in Ayodhya.

The Hindu

Ford Recalls 1.0L EcoBoost Engine In Focus, EcoSport For Oil Pressure Issues

US regulators are also investigating Ford’s 2.7- and 3.0-liter EcoBoost engines.

Motor1

Crude Prices Fall on an Unexpected Build in Weekly EIA Inventories

February WTI crude oil (CLG24 ) on Wednesday closed down -0.87 (-1.20%), and Feb RBOB gasoline (RBG24 ) closed down -0.95 (-0.46%). Crude oil and gasoline prices Wednesday erased an early rally and closed moderately lower. Crude prices retreated after weekly EIA crude inventories unexpectedly rose, and gasoline and distillate...

Barchart

Sugar Prices Follow Crude Prices Lower

March NY world sugar #11 (SBH24 ) closed down -0.29 (-1.34%) on Wednesday, and March London ICE white sugar #5 (SWH24) closed down -9.50 (-1.53%). Sugar prices on Wednesday posted moderate losses. Weakness in crude prices weighs on sugar as WTI crude oil (CLG24 ) fell more than -1% on...

Barchart

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StockNews.com

3 Oil & Gas Stock Buys Energizing Portfolios

The oil and gas industry is well-positioned to experience substantial long-term growth primarily driven by rising energy demand worldwide. As oil prices are projected to remain steady in 2024, it could be wise to buy fundamentally strong oil and gas stocks Western Midstream Partners (WES), Sunoco (SUN), and Adams Resources…

StockNews.com

3 Oil & Gas Stocks With Great 2024 Buy Potential

Geopolitical tensions this year might cause oil prices to rise significantly. Thus, investors should consider bolstering their portfolios by investing in Baker Hughes (BKR), Sunoco (SUN), and Unit Corporation (UNTC) for solid gains in 2024. Read on.

Barchart

Crude Prices Rise as Houthi Rebels Ramp Up Attacks in the Red Sea

February WTI crude oil (CLG24 ) this morning is up +0.14 (+0.19%), and Feb RBOB gasoline (RBG24 ) is up +0.77 (+0.37%). Crude oil and gasoline prices this morning are modestly higher. Crude prices rose after Houthi rebels carried out one of their largest missile and drone attacks on commercial...

TopTenReviews

Husqvarna Power Axe 350i Cordless Electric Chainsaw review

Check out our review of the Husqvarna Power Axe 350i Cordless Electric Chainsaw to see if it might be right for you.

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Capital & Main

Fast-Growing ‘Carbon-Neutral’ Energy Company Ramps Up Oil and Gas Production

Environmentalists question the sustainability commitments made by Denver-based Civitas Resources.

The Independent UK

Guyana turns to US to help boost its military as territorial dispute with Venezuela deepens

Guyana says it is seeking help from the U.S. to improve its defense capabilities amid fears that neighboring Venezuela might one day seize a disputed region in western Guyana that is rich in minerals and oil

The Independent UK

Russian oil executive who fled to UK took his own life after assets frozen over war in Ukraine

Exclusive: Mikhail Trushin was described as a ‘well liked, intelligent man’ and a ‘successful manager’

AVNetwork

Check Out How the Indiana Convention Center Communicates with Visitors

The recent installation of dvLED displays, fully integrated with nearby Lucas Oil Stadium, offers improved messaging for visitors.

The Walrus

Why Conservatives Turned Against the Environment

They’re busy making accusations of “eco-radicalism” while the world burns. It wasn’t always like that

The Texas Tribune

Texas regulators limit oil and gas disposal wells in bid to reduce earthquakes in West Texas

Injecting saltwater back into the ground “is likely contributing to recent seismic activity,” the Railroad Commission of Texas has said.

The Times of India

Govt holds back $600 million strategic oil reserve top-up

India’s finance ministry has scrapped a 50 billion rupee ($602 million) plan to top up the nation’s strategic crude oil reserves, given market volatility and the prospect of a further decline in prices.

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