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The Latest Breaking News from Oil

Known for Its Oil, Texas Became a Renewable Energy Leader. Now It’s Being Unplugged.

The state was to get $400 million for solar energy in disadvantaged communities. The Trump administration took it all back.

Capital & Main

Tarrant County GOP Chair Bo French announces run for Texas Railroad Commission

French will face commission Chair Jim Wright in the Republican primary. The three-person panel is in charge of the agency that oversees Texas’ oil and gas industry.

The Texas Tribune

Crude Prices Tumble as OPEC Projects a Global Crude Surplus

December WTI crude oil (CLZ25 ) today is down -2.14 (-3.51%), and December RBOB gasoline (RBZ25 ) is down -0.0400 (-1.99%). Crude oil and gasoline prices are falling sharply today, with crude matching a 3-week low. Signs of global supply glut are weighing on crude prices after OPEC said a...

Barchart

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IEA heralds 'the Age of Electricity' while warning that oil may not be peaking in 2030 after all

The International Energy Agency’s World Energy Outlook still sees a pathway to mitigage "the most severe risks from climate change."

Fortune

Are Wall Street Analysts Bullish on Diamondback Energy Stock?

Despite Diamondback Energy's underperformance relative to the S&P 500 Index over the past year, Wall Street analysts remain bullish about the stock’s prospects.

Barchart

Three plant-based chocolate mousse recipes by Philip Khoury

Rich, creamy or fluffy? The Sydney-born pastry chef has texture top of mind when it comes mousse au chocolat.

The Guardian - AU

Google strikes massive deal to buy 1.5 terawatt hours of Ohio solar capacity — 15-year deal will see most of 50 megawatt solar farm's capacity diverted to data centers

Google is buying 1.5 terawatt hours of solar capacity from French oil and gas supergiant TotalEnergies. The order could saturate the 50MW solar facility in Ohio that has yet to come online, meaning its entire capacity could be absorbed by Google data centers over the course of the contract.

Tom’s Hardware

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Cotton Falling Again on Wednesday Morning

Cotton price action is down 55 to 84 points on Wednesday morning. Futures closed the Tuesday session with losses of 35 to 43 points. Crude oil futures were up 89 cents/barrel to $61.02 on the day, with the US dollar index $0.107 lower to $99.355. The Monday online auction from...

Barchart

Trump Sends Loyalist Sergio Gor to India Amid Trade and Oil Tensions

Trump appoints Sergio Gor as U.S. ambassador to India to ease trade tensions and strengthen strategic ties.

International Business Times

Gavin Newsom Slams Trump's Reported California Drilling Push As IEA U-Turns To Predict Global Oil Demand Growth Until 2050

California Governor Gavin Newsom strongly opposed the Trump administration’s reported intentions to expand offshore drilling in California, as the International Energy Agency (IEA) on Wednesday predicted global oil and gas demand could grow until 2050.

Benzinga

Expert Claims Gas Prices Likely To Fall 10 to 30 Cents in November — Here’s Why

One expert predicted that gas prices may fall this winter by as much as $0.10 to $0.30. Learn what’s driving the drop in prices and what could derail it.

GOBankingRates

Rising electricity demand drives urgent need for diverse, resilient energy, IEA says

Renewable energy, led by solar power, will grow faster than any other major source in the next few years, the annual outlooks says.

Euronews

State-sanctioned fuel smuggling cost Libya $20bn over three years – report

Policy body calls for western-backed investigation into oil officials known to be at heart of illegal enterprise

The Guardian - UK

Influential study sees "less momentum" on cutting global CO2 emissions

IEA's latest World Energy Outlook could influence anyone trying to understand where the energy mix might head.

Axios

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The Guardian - UK

Supply boom in cheaper renewables will seal end of fossil fuel era, says IEA

Watchdog’s flagship report says rise in low-carbon electricity will make transition ‘inevitable’, despite Trump’s calls to carry on drilling

The Guardian - AU

Ukraine war briefing: Top banker’s straight talk to Putin over troubled economy

Sberbank head German Gref gives unusually frank assessment; Zaporizhzhia situation has ‘significantly worsened’, says Syrskyi. What we know on day 1,358

Barchart

Cotton Closes Lower on Tuesday

Cotton futures closed the Tuesday session with losses of 35 to 43 points. Crude oil futures were up 89 cents/barrel to $61.02 on the day, with the US dollar index $0.107 lower to $99.355. The Monday online auction from The Seam showed 3,451 bales sold with an average price of...

Barchart

Crude Prices Climb on Dollar Weakness and Expected End of US Government Shutdown

December WTI crude oil (CLZ25 ) on Tuesday closed up +0.91 (+1.51%), and December RBOB gasoline (RBZ25 ) closed up +0.0409 (+2.07%). Crude oil and gasoline prices rallied on Tuesday, with crude posting a 1-week high and gasoline posting a 6-week high. Tuesday's decline in the dollar index (DXY00 )...

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Barchart

Cotton Slipping Back at Tuesday’s Midday

Cotton futures are down 19 to 25 points so far on the Tuesday session. Crude oil futures are up 97 cents/barrel to $61.10 on the day, with the US dollar index $0.232 lower to $99.230. The Monday online auction from The Seam showed 3,451 bales sold with an average price...

AAP

Big four banks slammed for profiting from fossil fuels

Australia's big four banks have made billions from investing in fossil fuel projects in the past decade, but only two have made steps to walk away.

Barchart

Crude Prices Rally on Dollar Weakness and Expected End of US Government Shutdown

December WTI crude oil (CLZ25 ) today is up +0.94 (+1.56%), and December RBOB gasoline (RBZ25 ) is up +0.0412 (+2.09%). Crude oil and gasoline prices are sharply higher today, with crude posting a 1-week high and gasoline posting a 6-week high. Today's decline in the dollar index (DXY00) to...

PC Gamer

How to craft a plague mask in Kingdom Come: Deliverance 2

Complete the Prevention quest in Mysteria Ecclesiae.

Radio France Internationale

Peace without prosperity: Angola marks 50 years of independence

Angola declared its independence from Portugal on 11 November, 1975. But in a country where the majority of the population was born long after this date, the celebrations give rise to a question: what does it mean to be free when it has failed to bring the promised prosperity?

Bored Panda

“Sharpen Your Knives”: 46 Chefs Share The Main Mistakes Home Cooks Make

Whether you stick to quick chicken and rice or go all out with a fancy Sunday roast, cooking is one of those life skills everyone needs at least a little bit of. Still, it’s not exactly something you figure out overnight. It takes patience, practice, and maybe a few burnt…

Barchart

Cotton Bulls Pushing Higher on Tuesday Morning

Cotton prices are mixed so far on Tuesday AM trade, with front month gains of 4 to 18 points and some deferreds lower. Futures were up 55 to 69 points to close out the Monday session. Crude oil futures were up 30 cents/barrel to $60.05 on the day, with the...

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