The Latest Breaking News from Oil

Chevron to sell off its remaining North Sea oil and gas fields

US company denies decision is linked to UK’s 35% windfall tax on North Sea producers

The Guardian - UK · May 16, 2024

Crude Posts Moderate Gains on Tight Supplies and US Energy Demand Optimism

June WTI crude oil (CLM24 ) on Thursday closed up +0.60 (+0.76%), and June RBOB gasoline (RBM24 ) closed up +4.10 (+1.64%). Crude oil and gasoline settled moderately higher on Thursday. Crude has carryover support from Wednesday's weekly EIA report, which showed declines in crude and gasoline supplies. Also, Thursday's...

Barchart · May 16, 2024

Rain, cooler temperatures help prevent wildfire near Canada's oil sands from growing

A wildfire that has forced thousands of people out of their homes in Canada’s oil sands hub city of Fort McMurray, Alberta is being held in place as rain and cooler temperatures sweep through the area

The Independent UK · May 16, 2024

‘Just by breathing we are contaminated’: schoolgirls fight to extinguish Ecuador’s gas flares

A group of determined teenagers has taken the government to court for not doing more to protect their community from the noxious byproduct of oil extraction in the northern Amazon

The Guardian - UK · May 16, 2024

Barge hits bridge connecting Galveston and Pelican Island, causing oil to spill

The collision's impact sent pieces of the bridge, which connects Galveston to Pelican Island, tumbling on top of the barge and shut down a stretch of waterway so crews could clean up the spill.

WEKU · May 16, 2024

MPs urge Sunak to stop plans to ‘max out’ North Sea oil

Cross party MPs wrote to Rishi Sunak to end the current approach to North Sea oil and gas

The Independent UK · May 16, 2024

Oil Prices Surge Due To Slower US Inflation And High Demand

Learn about the factors driving the recent surge in oil prices, from global demand to geopolitical tensions.

Top News · May 16, 2024

Grain Markets: Will Global Production Issues Continue to Push Wheat Prices Higher?

In my interview today with Michelle Rook on AgWeb's Markets Now I spoke about the recent move higher in wheat, soybean, and corn prices. I also discussed crude oil, interest rates, and the cattle markets.

Barchart · May 15, 2024

Crude Prices Settle Higher as the Dollar Weakens and EIA Inventories Decline

June WTI crude oil (CLM24 ) on Wednesday closed up +0.61 (+0.78%), and June RBOB gasoline (RBM24 ) closed up +3.72 (+1.51%). Crude oil and gasoline prices rebounded Wednesday from 2-1/2 month lows and finished moderately higher. Crude prices initially moved lower after the IEA cut its 2024 global crude...

Barchart · May 15, 2024

32 healthy lunch ideas that are tasty and packed with goodness

Switch up your midday meal with these healthy lunch ideas that are filling, balanced and nutritious

Woman & Home · May 15, 2024