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The Latest Breaking News from Oil

Breaking Live 5 publishers covering this story in the last 6 hours

54m ago Global Market Today: Asian stocks rise after US tech rally, oil dips
1h ago Pre-market action: Here's the trade setup for today's session
1h ago US Treasury yields for 10-year, 30-year hit 24-year highs, two-year Treasury yield down. What does this mean for US Fed Interest Rate, check experts predictions
1h ago Oil from South Korea being shipped to Russia as Ukraine war grinds on
3h ago Baker Hughes' Venezuela Gas Deal Could Unlock the Country's First-Ever LNG Exports: What to Know

Jeremy Hunt says buying first home a ‘real struggle’ after ‘not that difficult’ claim by NatWest chair

Chancellor also describes ‘lots’ of taxes as ‘pernicious’ as he again hints at more tax cuts to come in his Budget

The Independent UK · Jan 6, 2024

Azerbaijan names former oil executive to head Cop29 climate talks

Mukhtar Babayev, Azerbaijan’s Minister of Ecology and Natural Resources, has been named as president-designate of the Cop29 climate conference. He will be the second oil executive in a row to head the global environmental summit after UAE's Sultan Al Jaber in 2023.

Radio France Internationale · Jan 6, 2024

‘They carry dreams’: Brown boxes of love, sent from the Gulf to India

Kerala migrant workers send cherished gifts – Tiger Balm, Axe Oil, Imperial bar soap – and connect with their families.

Al Jazeera · Jan 6, 2024

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New Mexico legislators back slower, sustained growth in government programs with budget plan

Leading New Mexico lawmakers are recommending a 5.9% increase in general fund spending for the coming fiscal year amid a windfall in oil-related income

The Independent UK · Jan 6, 2024

Venezuela Enters Uncertain Election Year

Venezuela is due for elections in 2024. Then last October, the government agreed with the opposition to hold elections in the second half of 2024 with international observers present.

International Business Times · Jan 6, 2024

POWR Stock of the Week Under $10: ProFrac Holding (ACDC)

Oil prices were nothing if not volatile last year, and nothing indicates this year will be any different. With prices trading at the bottom end of the range as we enter 2024, now may be a great time to take a look at some beaten down oil stocks. One company…

StockNews.com · Jan 5, 2024

The 18 Products Worth Your Money from Ulta’s Epic Love Your Skin Sale

Coming from a beauty-obsessed editor.

Marie Claire · Jan 5, 2024

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Anger as oil and gas industry veteran chosen to lead next Cop climate talks

‘A dangerous and very unwelcome pattern is developing – the oil industry capture of the COP process,’ says Green Party co-leader

The Independent UK · Jan 5, 2024

Azerbaijan names a former oil executive to lead 2024 climate talks

Mukhtar Babayev, has been named to lead the United Nations' annual climate talks later this year, prompting concern from some climate activists over his former ties to the state oil company.

WEKU · Jan 5, 2024

Crude Settles Higher on Dollar Weakness and Global Supply Concerns

February WTI crude oil (CLG24 ) on Friday closed up +1.62 (+2.24%), and Feb RBOB gasoline (RBG24 ) closed down -0.46 (-0.22%). Crude oil and gasoline prices on Friday settled mixed, with crude posting a 1-week high. A reversal in the dollar Friday boosted energy prices after the dollar index...

Barchart · Jan 5, 2024

NY Sugar Slightly Higher on Strength in Crude

March NY world sugar #11 (SBH24 ) on Friday closed up +0.03 (+0.14%), and March London ICE white sugar #5 (SWH24 ) closed unchanged. Sugar prices on Friday settled little changed. Strength in crude oil supports sugar prices as WTI crude (CLG24 ) Friday rallied to a 1-week high. Higher...

Barchart · Jan 5, 2024

Former energy minister quits Conservatives over approval of new oil drilling

Britain’s former energy minister is quitting the Conservative Party and stepping down as a lawmaker over the government’s backtracking on its environmental commitments

The Independent UK · Jan 5, 2024

Fresh by-election nightmare for Rishi Sunak as Tory MP vows to quit over oil drilling law

The former energy minister has said he will quit over the Offshore Petroleum Licensing Bill

Evening Standard · Jan 5, 2024

Chris Skidmore resigns Conservative whip over Sunak’s oil and gas licence plan

Former minister also resigns as an MP, which will trigger byelection in his Kingswood constituency

The Guardian - UK · Jan 5, 2024

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The National (Scotland) · Jan 5, 2024

Former Tory energy minister to quit Westminster over party's oil and gas bill

A FORMER Tory energy minister is set to quit the party and Westminster over the legislation put forward by the party to mandate annual oil and gas…

Barchart · Jan 5, 2024

2 High-Yield Energy Stocks for Dividend Investors

The broader U.S. energy sector lagged in 2023, but these two oil stocks offer high yields and relative outperformance for investors seeking steady income.

Azerbaijan's Ecology Minister Faces Concerns Over UN Climate Talks

Mukhtar Babayev, Azerbaijan's ecology minister, has been appointed to lead the United Nations' annual climate talks. This has raised some concern among cli...

The National (Scotland) · Jan 5, 2024

Oil found in Scottish waterway after leak in pipe to Grangemouth refinery

OIL has been detected in a Scottish waterway after a leak from a pipeline feeding the Grangemouth refinery ...

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The National (Scotland) · Jan 5, 2024

What does the Tories' latest 'raid' on North Sea oil and gas mean for Scotland?

THE Tories “final raid” on Scotland’s oil and gas resources in the North Sea is set to ramp up as Westminster returns from recess.

The Independent UK · Jan 5, 2024

Azerbaijan names a former oil exec to lead climate talks. Activists have concerns

Azerbaijan’s ecology minister has been named to lead the United Nations’ annual climate talks later this year

Woman & Home · Jan 5, 2024

14 fresh and elevated January-ready nail designs to start the new year in style

These chic January nails offer a clean slate for 2025, as we ditch last season's wintery hues and festive designs...

Barchart · Jan 5, 2024

Crude Prices Climb on Dollar Weakness and Global Supply Concerns

February WTI crude oil (CLG24 ) this morning is up +1.82 (+2.52%), and Feb RBOB gasoline (RBG24 ) is up +1.40 (+0.66%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-week high. A reversal in the dollar today boosted energy prices after the dollar...

Barchart · Jan 5, 2024

Grain Market Update: Is a Rally in the Wheat, Soybean, and Corn Markets on the Horizon?

Earlier today I joined Michelle Rook, on AgWeb's Markets Now, to discuss the the wheat, soybean, and corn markets. In addition, we discussed the cattle market and crude oil.

Food Prices Plummet Despite Global Food Insecurity Challenges

In a surprising turn of events, global food commodity prices fell last year, despite the difficult circumstances surrounding food security worldwide. The U...

The Guardian - UK · Jan 5, 2024

Oil industry veteran to lead next round of Cop climate change summit

Mukhtar Babayev is named president-in-waiting of UN climate summit to be held in November

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