The Latest Breaking News from Oil

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 · Jan 10, 2024

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 · Jan 10, 2024

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 · Jan 10, 2024

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 · Jan 10, 2024

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’

The Independent UK · Jan 10, 2024

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.

AVNetwork · Jan 10, 2024

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 Walrus · Jan 10, 2024

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 Texas Tribune · Jan 10, 2024

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.

The Times of India · Jan 10, 2024

Carbon pollution is down in the US, but not fast enough to meet Biden's 2030 goal, new report says

A new report says climate-altering pollution from greenhouse gases declined by nearly 2% in the United States in 2023, even as the economy expanded at a faster clip

The Independent UK · Jan 10, 2024