The Latest Breaking News from Oil

MRO vs. ET - Which Energy Stock Has More Growth Potential?

Ongoing conflicts in the Middle East and the extension of oil production cuts are contributing to the positive sentiment around the energy industry prospects. Let’s compare the fundamentals of Energy Transfer LP (ET) and Marathon Oil Corporation (MRO) to determine which energy stock is a better investment option. Keep reading.

StockNews.com · Feb 29, 2024

Crude Supported on Expectations OPEC+ Will Extend Crude Production Cuts

April WTI crude oil (CLJ24 ) this morning is up +0.19 (+0.24%), and Apr RBOB gasoline (RBJ24 ) is up +1.86 (+0.73%). Crude oil and gasoline prices this morning are moderately higher. Expectations that OPEC+ next week will extend its roughly 2 million bpd of crude production cuts beyond March...

Barchart · Feb 29, 2024

“Nobody really knows what you’re supposed to do”: Leaking, exploding abandoned wells wreak havoc in West Texas

The Texas Railroad Commission is tasked with plugging wells. But the state regulators say their scope is limited.

The Texas Tribune · Feb 29, 2024

ExxonMobil is suing investors who want faster climate action

The oil and gas giant is suing investor groups that want it to slash climate pollution. Interest groups on both sides of the case say it could lead to more lawsuits against activist investors.

WEKU · Feb 29, 2024

I have been air drying my hair for years but I'm trying to cut back—here's why

Is air drying really bad for your hair? 3 experts weigh in

Marie Claire · Feb 29, 2024

Who Dat: Karoon Energy reveals record $126m profit

Karoon Energy has posted its best-ever profit and is looking forward to more production from its oil and gas field apparently named by a New Orleans Saints fan.

AAP · Feb 29, 2024

Crude Prices Slip After EIA Inventories Climb More Than Expected

April WTI crude oil (CLJ24) on Wednesday closed down -0.33 (-0.42%), and Apr RBOB gasoline (RBJ24 ) closed down -4.32 (-1.67%). Crude oil and gasoline prices on Wednesday gave up an early advance and moved lower, with crude falling from a 3-1/2 month high on a bearish weekly EIA inventory...

Barchart · Feb 28, 2024

Oil Prices Fall Amid Uncertainty Over Fed Interest Rates

Oil prices slipped due to uncertainty over Federal Reserve interest rate decisions, impacting global markets.

Top News · Feb 28, 2024

The 6 'outdated' spring nail looks experts are avoiding - and what to get instead

Our team shares the outdated spring nails they won't be letting anywhere near their fingertips this season...

Woman & Home · Feb 28, 2024

Crude Erases Early Gains After EIA Inventories Climb More Than Expected

April WTI crude oil (CLJ24 ) this morning is down -0.62 (-0.79%), and Apr RBOB gasoline (RBJ24 ) is down -4.64 (-1.79%). Crude oil and gasoline prices this morning gave up an early advance and are moderately lower, with crude falling from a 3-1/2 month high on a bearish weekly...

Barchart · Feb 28, 2024