The Latest Breaking News from Oil

Oil Prices Stable As OPEC Maintains Demand Forecasts

OPEC's decision to maintain oil demand forecasts stabilizes prices amid global economic uncertainties.

Top News · Mar 12, 2024

How did Norway become the electric car superpower? Oil money, civil disobedience – and Morten from a-ha

More than 90% of new cars sold in Norway are electric. And it all started with some pop stars driving around in a jerry-built Fiat Panda

The Guardian - UK · Mar 12, 2024

Exxon Mobil French Refinery Honors Contracts After Fire

Exxon Mobil's French refinery maintains contract obligations post-fire incident, demonstrating resilience and commitment in the oil and gas industry.

Top News · Mar 12, 2024

Pro-Ukraine Militias Stage Attack On Russian Border Regions

Pro-Ukrainian militias staged a brazen cross-border attack on Russia on Tuesday, fighters and Russia's defence ministry said, hours after Kyiv launched one of its largest drone attacks since the start of the war.

International Business Times · Mar 12, 2024

No big North Sea fossil fuel country has plan to stop drilling in time for 1.5C goal

UK, Germany, Netherlands, Norway and Denmark have failed to align oil and gas policies with Paris pledges, say campaigners

The Guardian - UK · Mar 12, 2024

Crude Prices Lower on Underlying Concerns about Chinese Demand and Russian Output

April WTI crude oil (CLJ24 ) today is down -0.11 (-0.14%), and Apr RBOB gasoline (RBJ24 ) is up +0.0260 (+1.03%). Crude oil prices are being undercut by by the slightly higher dollar index and by today's weakness in stocks. Also, crude oil is seeing some bearish carry-over after the...

Barchart · Mar 11, 2024

Many of the U.S. Banks Funding Coal Have an Unusual Carve-Out

They will still directly fund coal plants that are taking steps to abate their emissions using the untested technology.

Capital & Main · Mar 11, 2024

ONGC puts seismic survey in Eastern Offshore block in Krishna Godavari basin on hold

The Oil and Natural Gas Corporation (ONGC) has put on hold a seismic survey, scheduled to be carried out between the first week of March and July 2024, in the Krishna-Godavari-DWN-98/2 block (Cluster-II), 65 km off Kakinada coast in the Eatern Offshore.

The Hindu · Mar 11, 2024

Crude Oil: Is the Bullish Trend Our Friend?

NYMEX WTI and ICE Brent crude oil prices have made higher lows and higher highs since the mid-December 2023 lows. The trend is always your best friend in markets across all asset classes until it bends.

Barchart · Mar 11, 2024

Rachel Roddy’s recipe for Puglian rice, potato and mussel bake, or tiella

A layered bake of potatoes, risotto rice, cheese and mussels that will leave your kitchen smelling like the sea

The Guardian - UK · Mar 11, 2024