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The Latest Breaking News from Oil

Climate protesters in England glued themselves to a copy of 'The Last Supper'

Activists from the same group have glued themselves to other paintings at U.K. art galleries in recent days, calling on the government to end all new oil and gas licenses.

WEKU

Arrernte band hopes Indigenous language cover of Midnight Oil song becomes NAIDOC anthem

The Northern Territory band have released a video of their rendition of the 1987 hit Beds are Burning, which includes subtitles so people can learn the words. It also features some subtle changes to the lyrics that call out the ongoing effects of colonisation on First Nations people.

ABC News

Govt mulls ways to keep State Oil Fund from sinking

The Energy Ministry is considering ways to boost the State Oil Fund, which is more than 100 billion baht in debt, a well-placed source revealed on Tuesday.

Bangkok Post

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Oil prices sink on 'fear of recession', ASX struggles as Australian dollar hits two-year low

The Australian share market falls in afternoon trade as European stocks tumble on recession fears, while the Australian dollar sinks to a two-year low and oil prices plunge by more than 9 per cent.

ABC News

Green hydrogen revolution on way

Human-induced climate change is causing dangerous and widespread environmental disruption and affecting the lives of billions of people around the world. According to the Intergovernmental Panel on Climate Change, the world faces unavoidable climate hazards over the next two decades. But, with average annual global greenhouse-gas emissions reaching their highest…

Bangkok Post

J.P. Morgan Likes These 2 High-Yield Stocks - Which One is a Better Buy?

Investors’ concerns over the slowing economic growth, the Fed’s rate hikes, and the rising inflation have induced heightened volatility in the market. J.P. Morgan analysts have picked high-yield dividend payers Magellan Midstream (MMP) and OneMain (OMF) for investors’ to consider to ensure a stable income stream. But which of these…

StockNews.com

Here's Why Canadian Natural Resources Shares Are Falling Sharply Today

Canadian Natural Resources Ltd (NYSE: CNQ) shares are trading lower by 8.51% to $50.11 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

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So What's Going On With Schlumberger Shares Nosediving Today?

Schlumberger NV (NYSE: SLB) shares are trading lower by 7.80% to $32.87 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Why Hess Shares Are Getting Hammered Today

Hess Corp. (NYSE: HES) shares are trading lower by 8.41% to $96.47 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

PreMarket Prep: Charting Citigroup's Bearish Call On Crude Oil

A big bank made a big call Tuesday on the price direction of crude oil, and market participants are acting on it in a big way in the trading session. The Call: On Tuesday morning, Citigroup issued a dire warning to owners of crude oil futures and related products, which also…

Benzinga

Why Shell Shares Are Getting Hammered Today

Shell PLC (NYSE: SHEL) shares are trading lower by 7.03% to $48.25 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Gas Prices Haven't Fallen This Fast Since COVID; Why Oil May Plummet To $65 Per Barrel This Year

Tuesday’s decline in oil prices comes as analysts consider the impact of a potential global recession on demand.

Benzinga

Just Stop Oil campaigners glue themselves to Da Vinci copy in Royal Academy

Protesters from the coalition have staged disruptions at major British museums five times in the past week

The Guardian - UK

Biden's Russian oil plan aims to prevent an economic catastrophe

There is risk that the novel price cap strategy will backfire.

Axios

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The Hindu

BMTC explores feasibility of setting up fuel stations at its depots

Business module being discussed with oil companies as a long term measure to address issues of purchase of fuel

Roll Call

New Interior offshore drilling plan draws mixed reviews - Roll Call

The administration’s latest offshore oil and gas drilling plan drew swift pushback from environmentalists and Democratic allies in Congress.

Benzinga

Why Dow Is Down Around 600 Points; Crude Oil Tumbles Over 8%

U.S. stocks traded lower midway through trading, after all the major indices closed another losing week.

Daily Mirror

Climate protesters storm Royal Academy and glue themselves to Leonardo Da Vinci painting

Five Just Stop Oil supporters have spray-painted "No New Oil" in white letters onto the red slab under the vast painting in central London as police were called to the protest

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Benzinga

What 6 Analyst Ratings Have To Say About Murphy Oil

Over the past 3 months, 6 analysts have published their opinion on Murphy Oil (NYSE:MUR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Radio France Internationale

Recently elected Israel PM visits France hoping to end gas row with Lebanon

Israeli Prime Minister Yair Lapid is making his first foreign trip in office to France and has asked Paris to mediate in a dispute with Lebanon over gas supplies. Other items on the agenda include Iran's nuclear ambitions, and the war in Ukraine.

Benzinga

What's Going On With Exxon Mobil Shares Falling Today?

Exxon Mobil Corp (NYSE: XOM) shares are trading lower by 2.42% to $85.43 during Tuesday's trading session. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Why BP Shares Are Diving Today

BP plc (NYSE: BP) shares are trading lower by 3.80% to $27.20 Tuesday morning. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Why Camber Energy, Indonesia Energy, Houston American Energy And Imperial Petroleum Shares Are Falling Today

Camber Energy Inc (NASDAQ: CEI), Indonesia Energy Corp Ltd (NASDAQ: INDO), Houston American Energy Corporation (NASDAQ: HUSA) and

France 24

Sixty years after Algeria’s independence, will surging prices bolster its dependence on oil?

The oil and gas sector has long been the backbone of Algeria’s economy, bankrolling the country’s regime while leaving it vulnerable to volatile markets. Despite the authorities’ stated aim to diversify the economy, analysts fear surging hydrocarbon prices will act as an impediment to reform.

The Guardian - UK

UK gas prices hit three-month high as Norway workers strike

European energy crisis intensifies amid suspension of production in Equinor oil and gas fields

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