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The Latest Breaking News from Oil

Crude Prices Climb on Geopolitical Risks from Russia and Iran

December WTI crude oil (CLZ25 ) on Friday closed up +1.40 (+2.39%), and December RBOB gasoline (RBZ25 ) closed up +0.0519 (+2.65%). Crude oil and gasoline prices rallied on Friday, recovering some of Wednesday's sharp sell-off. Concerns about global oil supplies are bullish for crude prices after Ukraine on Friday...

Barchart

Rob Hirst: feeling good, for a hundred years or more

Midnight Oil's drummer, who has stage four pancreatic cancer, still has songs pinging around his brain at night, while he rages against the dying of the light.

AAP

Preliminary findings show a fatigue crack caused a Keystone Pipeline oil spill in North Dakota

The operator of the Keystone Pipeline says preliminary findings indicate a fatigue crack caused an oil spill in North Dakota in April

The Independent UK

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The Guardian view on Cop30: someone has to pay for the end of the oil and gas age

Editorial: The fossil-fuel era is drawing to a close, but at a pace far too slow for the planet’s good or a fair transition to a clean energy future

The Guardian - UK

Cotton Falling as USDA Raises Production

Cotton futures are posting Friday losses of 35 to 60 points so far on Friday. Crude oil futures are back up $1.54 per barrel to $60.23 on the day, with the US dollar index $0.210 higher to $99.260. USDA raised yield on the US cotton this morning, up 58 lbs/acre,...

Barchart

Can an Imperiled Frog Stop Oil Drilling Near Denver Suburbs? Residents Hope So.

Threatened northern leopard frogs found near site of what would be one of state's largest fossil fuel operations.

Capital & Main

Crude Prices Rally on Reduced Russian Supplies and Renewed Middle East Risks

December WTI crude oil (CLZ25 ) today is up +1.64 (+2.79%), and December RBOB gasoline (RBZ25 ) closed up +0.0526 (+2.68%). Crude oil and gasoline prices are sharply higher today, recovering some of Wednesday's sharp sell-off. Concerns about global oil supplies are bullish for crude prices today after Ukraine launched...

Barchart

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How Azerbaijan’s oil fund is expanding its influence in Europe’s private markets

Azerbaijan’s State Oil Fund is ramping up European infrastructure and renewables investments, taking stakes in London Gatwick airport and Italian solar panel capacities as it seeks to diversify away from oil and hydrocarbon revenues.

Euronews

Lawyers Are Sharing The Most Interesting Laws And Loopholes They Know

Laws are not meant to be broken but that doesn't mean they can't be bent and twisted a little bit to perfectly fit a given scenario. We've heard of billionaires using loopholes to get out of paying taxes, or even criminals exploiting an unexpected loophole to get out of jail…

Bored Panda

Brazil climate summit hosts highest ever share of fossil fuel lobbyists

One in 25 participants at the Cop30 climate summit in Brazil is tied to the oil and gas sector, the highest concentration of fossil fuel lobbyists so far at the United Nations climate talks. Their presence is driving growing unease over influence, conflicts of interest and the way the negotiations…

Radio France Internationale

Cotton Pushing Higher Ahead of USDA Reports

Cotton price action is trading with 10 to 22 point gains across most contracts on Friday. Futures held onto the weakness on Thursday with losses of 28 to 40 points on the session. Crude oil futures were back up 10 cents per barrel to $58.59 on the day, with the...

Barchart

Hungary to mount court challenge to EU's planned phase-out of Russian energy, Orbán says

Hungary is heavily dependent on Russian fossil fuels and has sought exemptions and pledged to veto EU sanctions since Moscow's full-scale invasion of Ukraine in early 2022.

Euronews

A Man on the Inside to Landman – the seven best shows to stream this week

Ted Danson is still irresistible in the delightful detective caper, while Demi Moore and Billy Bob Thornton are back as terrifying big oil tycoons

The Guardian - UK

Fossil fuel lobbyists outnumber all Cop30 delegations except Brazil, report says

One in every 25 participants at 2025 UN climate summit is a fossil fuel lobbyist, according to Kick Big Polluters Out

The Guardian - US

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The Guardian - AU

Plan for Australia’s largest carbon capture project near Darwin criticised as creating ‘dumping ground’

Climate advocates fear the project, proposed by Japanese oil and gas giant Inpex, would turn the area into the ‘world’s largest carbon dumping ground’

The Independent UK

Ukraine-Russia war latest: North Korea mass producing attack drones to aid Moscow’s invasion, says Kyiv

Deputy head of Ukraine’s Defence Intelligence reveals North Korea launches mass production of drones

Benzinga

Trump Admin Reverses Biden-Era Limitations On Alaska Oil Drilling: Governor Calls It 'Step In The Right Direction'

The Trump administration on Thursday finalized its reversal of Biden-era limits on oil and gas development in Alaska, reopening more than 10 million acres of the National Petroleum Reserve in Alaska (NPR-A) to drilling as part of a broader effort to expand domestic energy production.

Evening Standard

Reeves urged to cut windfall tax and not ‘sacrifice’ oil and gas workers

The Chancellor is due to deliver her budget later this month.

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Barchart

Cotton Extends Back Towards Contract Lows on Thursday

Cotton futures held onto the weakness on Thursday with losses of 28 to 40 points on the session. Crude oil futures were back up 10 cents per barrel to $58.59 on the day, with the US dollar index $0.304 lower to $99.070. Export Sales data was delayed more than a...

Grocery Coupon Guide

How Bulk Buying Backfires: When the “Bulk Price” Isn’t Better

The math seems simple: buying in bulk always saves money. Warehouse clubs and the “Family Size” box have trained us to believe that a bigger package equals a better deal. But this grocery-saving “truth” is often just a marketing illusion. Stores know that shoppers associate bulk with value and will…

Grocery Coupon Guide

8 Foods That Used to Be Healthy Until Companies Changed the Recipe

Once upon a time, certain foods were staples of a healthy diet—simple ingredients, low sugar, and minimal processing. But as companies expanded, costs rose, and marketing took over, many once-wholesome products became shadows of their former selves. Today, shoppers face foods that look the same on the outside but are…

Barchart

Crude Prices Gain on Dollar Weakness and Energy Demand Optimism

December WTI crude oil (CLZ25 ) on Thursday closed up +0.20 (+0.34%), and December RBOB gasoline (RBZ25 ) closed up +0.0043 (+0.22%). Crude oil and gasoline prices settled higher on Thursday, recovering some of Wednesday's sharp sell-off. Thursday's decline in the dollar index (DXY00 ) to a 2-week low sparked...

We Got This Covered

California governor prepares to lecture world on environment. Then opponent exposes where the state’s oil really comes from

Gavin really thought no one would check his receipts.

Barchart

Can Soybean Prices Continue to Rebound?

Soybean futures prices have recovered, rising from below $10 to over $11 per bushel. While trade is a critical factor for the oilseed in the current environment, the soybean futures market may have found a critical bottom during the 2025 growing season.

Barchart

Cotton Slipping Back Lower at Midday

Cotton futures are showing Thursday weakness of 13 to 21 points so far on the session. Crude oil futures are back up 36 cents per barrel to $58.86 so far on the day, with the US dollar index $0.464 lower to $98.910. Export Sales data was delayed more than a...

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