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The Latest Breaking News from Oil

Taxi driver jailed after scalding police officer with boiling hot cooking oil

A taxi driver threw boiling hot cooking oil over a police officer before barricading himself in his garage.

The Independent UK

Ukrainian Strike Forces Chevron And Shell To Slash Production In Kazakhstan

On Tuesday, Chevron (NYSE:CVX) and Shell (NYSE:SHEL) reportedly slashed oil and gas production at a major field in Kazakhstan.

Benzinga

Soybeans Seeing Slight Gains at Midday

The soybean market is showing fractional to penny gains on Tuesday’s midday. The cmdtyView national average Cash Bean price is 1 1/4 cents higher at $9.59 1/2. Soymeal futures are up 90 cents to $1.10 on the day, with Soy Oil 55 to 56 points lower. With less than 2...

Barchart

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Cotton Trading Higher at Midday

Cotton futures are continuing the recovery higher on Tuesday, with gains of 24 to 30 points at midday. Crude oil is bouncing off overnight weakness, with gains of 27 cents/barrel and the US dollar index up $0.315 to $98.670. Th Friday online auction from The Seam showed 676 bales sold...

Barchart

Man jailed for nine years for scarring police officer with hot oil

Mohammed Sarfaraz, of Newcastle, was convicted following the incident in January.

Evening Standard

Crude Prices Slip on Dollar Strength and Ample Global Supplies

November WTI crude oil (CLX25 ) today is down -0.17 (-0.30%), and November RBOB gasoline (RBX25 ) closed down -0.0191 (-1.04%). Crude oil and gasoline prices gave up an early advance today and turned lower as the dollar (DXY00 ) strengthened. Crude is also being undercut by negative carryover from...

Barchart

Maduro Declares Colombia and Venezuela 'Siamese Twins' As Trump Escalates Pressure on Both Nations

Venezuela's authoritarian President Nicolas Maduro said the country and Colombia are "one country" as the United States escalates pressure on both countries with military operations in the Caribbean

International Business Times

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Nicolas Maduro Says Venezuela And Colombia Are 'One Country' As U.S. Escalates Pressure On Both Nations

Venezuela's authoritarian President Nicolas Maduro said the country and Colombia are "one country" as the United States escalates pressure on both countries with military operations in the Caribbean

Latin Times

Trump’s words aren’t stopping China, Brazil and many other countries from setting higher climate goals, but progress is slow

In the Marshall Islands, where the land averages only 7 feet (2 meters) above sea level, people are acutely aware of climate change.

The Conversation

Cotton Showing Weakness on Tuesday Morning

Cotton price action is down 23 to 30 points on Tuesday morning trade. Futures closed out the Monday session mixed with contracts down 12 to 4 points higher in the nearbys. The outside markets were pressure factors, with crude oil down 5 cents/barrel and the US dollar index up $0.188...

Barchart

8 Car Maintenance Myths Mechanics Say Are a Waste of Cash

Car ownership is expensive enough without throwing money at myths disguised as “maintenance musts.” Somewhere between old-school wisdom and internet advice, drivers have picked up a lot of bad information that ends up draining wallets for no good reason. Your car doesn’t need to be babied like a fragile heirloom,…

Everybody Loves Your Money

A new generation of industries emerges in Texas as feds push to mine more rare minerals

The U.S. doesn’t produce the minerals and metals needed for renewable energy, microchips or military technology. Companies are rushing to open new mines in Texas.

The Texas Tribune

Firefighters contain blaze at Hungary's main oil refinery

Firefighters in Hungary have contained a fire at the country's main oil refinery, according to authorities and the energy company MOL

The Independent UK

Fire at Hungary's largest refinery contained, no injuries reported

Hungary's strategic oil refinery in Százhalombatta, 27 kilometres from Budapest, may temporarily shut as a result of the fire.

Euronews

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International Business Times

Nigerian Monarch Takes On Oil Giant In Search Of Environmental Justice

Growing up in southern Nigeria during the 1970s, Bubaraye Dakolo would easily catch 20 kilograms of fish within minutes.

International Business Times

Paris Verdict Due In TotalEnergies 'Greenwashing' Case

A Paris court is due to hand down a ruling Thursday whether French oil and gas giant TotalEnergies misled consumers with claims overstating its climate pledges, a case that could help shape greenwashing jurisprudence in Europe and beyond.

The Independent UK

Brazil's government green-lights oil drilling near mouth of Amazon River ahead of UN climate summit

Brazil’s government has approved exploratory drilling by state-run oil-giant Petrobras near the mouth of the Amazon River

Barchart

Cotton Closes Mixed on Monday

Cotton futures closed out the Monday session mixed with contracts down 12 to 4 points higher in the nearbys. The outside markets were pressure factors, with crude oil down 5 cents/barrel and the US dollar index up $0.188 to $98.380. Th Friday online auction from The Seam showed 463 bales...

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The Independent UK

The best moisturizers for oily skin, according to skincare experts

Experts agree that skipping hydrating products can actually make oiliness worse

Benzinga

Trump's 'Drill Baby Drill' Plan Just Backfired—Oil Stocks Haven't Been This Cheap In Years

Ten months after President Donald Trump returned to the White House promising a fossil fuel renaissance under the ‘Drill Baby Drill’ mantra, the energy sector he pledged to supercharge is falling behind.

Barchart

Crude Oil Posts Modest Losses on Abundant Global Supplies

November WTI crude oil (CLX25 ) on Monday closed down -0.02 (-0.03%), and November RBOB gasoline (RBX25 ) closed down -0.0075 (-0.41%). Crude oil and gasoline prices settled slightly lower on Monday, with crude posting a 5.5-month low. Strength in the dollar on Monday weighed on crude prices. Crude is...

Latin Times

Venezuela Uses Ghost Tankers to Evade U.S. Sanctions and Send Oil to Cuba - REPORT

While the U.S. is blowing up small vessels in the Caribbean, accusing Venezuela of using them to send drugs to the U.S., a new report affirms that the government of Nicolás Maduro is using a clandestine network of oil tankers to bypass U.S. sanctions and maintain crude shipments to Cuba.

The Guardian - UK

Anti-oil activists sprayed Stonehenge orange for ‘maximum impact’, court told

Three defendants deny damaging ancient monument with orange powder as witnesses describe shock

Barchart

Cotton Mixed at Midday

Cotton futures are trading with mixed so far on Monday’s midday, a nearbys are 6 points within unchanged. The outside markets are pressure factors, with crude oil down 42 cents/barrel and the US dollar index up $0.113 to $98.305. Th Friday online auction from The Seam showed 463 bales sold...

International Business Times

Brazil Greenlights Oil Drilling In Sensitive Amazon Region

Brazil's Petrobras said Monday it has permission to drill for oil near the mouth of the Amazon River, casting a shadow over the country's green ambitions as it prepares to host UN climate talks.

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