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The Latest Breaking News from Oil

Why fear of billion-dollar lawsuits stops countries phasing out fossil fuels

Companies can sue governments for closing oilfields and mines – and the risk of huge damages is already stopping countries from passing green laws, ministers say

The Guardian - UK

Labour Government set to scrap North Sea windfall tax

THE Labour Government has launched a consultation on plans to scrap the windfall tax when it comes to an end in 2030.

The National (Scotland)

ASX plumbs new low for the year in third straight fall

Australian shares have continued their downward trajectory as US protectionism escalates global tensions and drives market uncertainty.

AAP

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“I want to be a f***ing Medici.” A Banksy original formerly owned by Blink-182's Mark Hoppus has sold for £4.3million at auction, and the punk rocker wants to use the money to buy work from upcoming artists.

Banksy's ‘Crude Oil (Vettriano)’ has a new owner, whose bank account is now £4.3 million lighter

Louder

Crude Oil Prices Fall Sharply on Energy Demand Concerns and Over-Supply Fears

April WTI crude oil (CLJ25 ) Wednesday closed down -1.95 (-2.86%), and April RBOB gasoline (RBJ25 ) closed down -0.0572 (-2.61%). Crude oil and gasoline prices retreated Wednesday, with crude falling to a 1-3/4 year low. Crude oil prices are under pressure as US tariff uncertainty weighs on the outlook...

Barchart

The US energy market has its troubles, though it may not be a ‘national emergency’

President Donald Trump’s declaration of a “national energy emergency” on his first day in office – and which he reiterated during his address to Congress on March 4, 2025 – might have seemed to echo other national emergencies, like those presidents declared in the wake of the Sept. 11, 2001,…

The Conversation

Urban rivers ‘vulnerable’ to pollution, MP warns after ‘massive’ spill

The Environment Agency has launched an investigation after thousands of litres of oil spilled into a river, water minister Emma Hardy said

Evening Standard

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Crude Prices Plunge on Energy Demand Concerns and Over-Supply Fears

April WTI crude oil (CLJ25 ) today is down -2.91 (-4.26%), and April RBOB gasoline (RBJ25 ) is down -0.0942 (-4.29%). Crude oil and gasoline prices today are sharply lower, with crude sliding to a 1-3/4 year low. Crude prices are under pressure today as US tariff uncertainty weighs on...

Barchart

Ban on new drilling confirmed as ministers consult on North Sea’s ‘clean energy future’

Gas and oil industry cautiously welcomes government proposals that could ease tax burden on sector

The Guardian - UK

Government announces plans to axe oil and gas windfall tax in 2030

Ministers will consult with North Sea businesses, trade unions, workers, green groups and communities over plans for the energy sector’s future.

Evening Standard

Short almond nails are the chic and tidy shape we're seeing everywhere

For an elongated look without excessive length, short almond nails are set to be 2025's go-to shape...

Woman & Home

MP calls for inquiry after 'shocking' oil spill in London river destroys wildlife

An estimated 4,000 litres of diesel spilled into the River Wandle

Evening Standard

Minerals, Mines, Hydrocarbons: Greenland's Key But Limited Resources

The vast autonomous Danish territory of Greenland, coveted by US President Donald Trump, is believed to hold untapped mineral and oil reserves, but on a global scale these amounts are modest and offer only minor potential for exploitation.

International Business Times

Which US states could be hit hardest by Trump’s Canada and Mexico tariffs?

Montana imports 93 percent of its goods from Canada and Mexico, the most of any state.

Al Jazeera

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MarketBeat

2 Energy Stocks to Play Both Sides of Tariff Uncertainty

Import tariffs on Mexico and Canada for 25% and an additional 10% on China has investors scrambling for shelter from the fallout, here's 2 stocks that can.

The Fashion Central

Homemade Natural Face Cleansers For Different Skin Types

Face wash and Cleansers are the most important part of our daily skincare routine. Face wash removes the excessive oil and dirt from the skin, whereas

MarketBeat

What Stagflation Means For Investors and These Stocks

Stagflation risks are starting to trickle into the market's sentiment and narrative, and investors need to understand what that means for them.

The Independent UK

Herby chicken, leek and mushroom casserole – the ultimate no-fuss Sunday dinner

This one-pot wonder from ‘The Batch Lady: Rapid Dinners’ is packed with flavour, preps in minutes and can be made fresh or straight from the freezer – no stress, no mess

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news in one place.

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The Guardian - UK

Half of world’s CO2 emissions come from 36 fossil fuel firms, study shows

Researchers say data strengthens case for holding firms to account for their contribution to climate crisis

Fortune

Trump’s tariffs on Canada and Mexico just went into effect. Here are the products that could suddenly get more expensive

The tariffs are set to hit staples like groceries and cars.

Evening Standard

Drivers ‘unfortunate casualties’ of oil price rise as petrol hits six-month high

The RAC said the average price of a litre of petrol at UK forecourts rose by 0.65p in February to 139.65p.

Barchart

Crude Prices Fall as US Tariffs May Undercut the Economy and Energy Demand

April WTI crude oil (CLJ25 ) Tuesday closed down -0.11 (-0.16%), and April RBOB gasoline (RBJ25 ) closed up +0.0064 (+0.29%). Crude oil and gasoline prices Tuesday settled mixed, with crude falling to a 2-3/4 month low. Crude prices were under pressure Tuesday due to concerns that escalating global trade...

Barchart

Sugar Prices Fall on Weak Crude Oil Prices and Slack Demand

May NY world sugar #11 (SBK25 ) Tuesday closed down -0.12 (-0.66%), and May London ICE white sugar #5 (SWK25 ) closed down -6.80 (-1.30%). Sugar prices Tuesday extended their week-long slide to 3-week lows. Weakness in crude prices weighed on sugar after WTI crude (CLJ25 ) fell to a...

The Independent UK

Peru's Indigenous leaders raise concerns over oil and gas projects at a human rights hearing

Indigenous leaders from the Peruvian Amazon have urged the government to halt oil and gas projects that threaten their lands, presenting their case before the Inter-American Commission on Human Rights (IACHR)

Latin Times

Trump Admin Gives Chevron Hard Deadline To Stop Operating In Venezuela's Oil Fields

The Trump administration has given Chevron until April 3 to cease its operations in Venezuela

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