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The Latest Breaking News from Oil

Up Over 75% YTD, Is Targa Resources a Buy as Energy Prices Soar?

Targa Resources (TRGP) reported mixed financial results in the second quarter of 2024. While the company’s long-term outlook appears bright with strategic investments and capacity expansion, it is trading at an elevated valuation and struggles with declining bottom line. So, should you buy or hold this stock? Read more to…

StockNews.com

Crude Pressured by Dollar Strength and Increased Libyan Crude Exports

Oct WTI crude oil (CLV24 ) Friday closed down -0.03 (-0.04%), and Oct RBOB gasoline (RBV24 ) closed down -2.36 (-1.15%). Crude oil and gasoline prices Friday settled lower. Strength in the dollar Friday and increased crude exports from Libya weighed on oil prices. Also, ongoing concerns about weak energy...

Barchart

Greenpeace activists who scaled Sunak’s roof cleared by judge

Four protesters against North Sea oil and gas licences have charges of criminal damage thrown out

The Guardian - UK

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As Green Bonds Tank, Analysts Fear Greenwashing Is to Blame

Major banks were underwriting bonds by energy giants that failed to meet climate goals.

Capital & Main

Crude Prices Underpinned by Heightened Middle East Tensions

Oct WTI crude oil (CLV24 ) today is up +0.14 (+0.19%), and Oct RBOB gasoline (RBV24 ) is down -1.22 (-0.59%). Crude oil and gasoline prices today are mixed. Heightened tensions in the Middle East are underpinning crude prices. Gains in crude are limited today by a stronger dollar and...

Barchart

OPINION - Want to live to 100? Ditch vegetables and commit pension fraud, apparently

Step away from the hummus, ditch the olive oil and for goodness' sake, put the sashimi back on the conveyor belt. It turns out that the key to living a super long life may not be healthy eating after all, but pension fraud

Evening Standard

Study finds levels of a dangerous gas “off the scales” in Central Texas oilfield

The smell of oil wells has long permeated Caldwell County, near Austin and San Antonio. Now researchers have documented wells releasing dangerous amounts of hydrogen sulfide gas.

The Texas Tribune

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Diplomatic failings and ‘elite bargains’ prolonging Libya turmoil: Analysts

With the central bank in turmoil, analysts say that diplomatic efforts in Libya are failing its people.

Al Jazeera

South African government seeks solution to millions in unpaid electricity bills

In South Africa, the government considers how to absorb the impact of around 400 million euros worth of electricity bills still unpaid by some districts. Also, NGOs say that French energy giant TotalEnergies' controversial oil project in northern Uganda, is having devastating effects on biodiversity. And after decades at the…

France 24

Risk-On Sentiment in Asset Markets and Middle East Tensions Boost Crude Prices

Oct WTI crude oil (CLV24 ) Thursday closed up +1.04 (+1.47%), and Oct RBOB gasoline (RBV24 ) closed up +4.93 (+2.45%). Crude oil and gasoline prices rallied to 2-week highs on Thursday and settled moderately higher. Crude rose Thursday after the Fed's aggressive 50 bp interest rate cut on Wednesday...

Barchart

Elite US universities rake in millions from big oil donations, research finds

Student-led analyses raise concerns of conflict of interest at six universities, including Princeton, Columbia and Cornell

The Guardian - US

Frostpunk 2: How to transfer oil and other resources from your colony to your city

You've struck oil! Now you've got to get it to your generator. Here's how.

PC Gamer

3 Top-Rated Oil & Gas Stocks Still Trading at a Discount

The oil and gas industry shows promise due to rising geopolitical tensions, declining U.S. crude inventories, and the potential for economic growth from interest rate cuts. With increasing global demand, it could be wise to consider buying top-rated oil and gas stocks: Enterprise Products Partners (EPD), Energy Transfer (ET), and…

StockNews.com

How Is Baker Hughes’ Stock Performance Compared to Other Oil & Gas Equipment & Services Stocks?

Baker Hughes has outperformed its industry peers over the past year, and analysts are highly optimistic about the stock’s prospects.

Barchart

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Barchart

Crude Rallies as Aggressive Fed Rate Cuts Spur Risk-On Sentiment in Asset Markets

Oct WTI crude oil (CLV24 ) today is up +0.83 (+1.17%), and Oct RBOB gasoline (RBV24 ) is up +4.10 (+2.04%). Crude oil and gasoline prices today rose to 2-week highs and are moderately higher. Crude is climbing today after the Fed's aggressive 50 bp interest rate cut on Wednesday...

Barchart

Should You Follow Insider Buying on This Energy Dividend Stock?

The article examines whether investors should follow insider buying on a promising energy dividend stock.

Woman & Home

The body oil behind Jennifer Aniston's Emmys glow doubles as a designer perfume

Combining a radiant, nourished gleam with iconic notes of Chanel No.5, this body oil is a luxe must-have...

Barchart

Down 13% YTD, Should You Buy the Dip in This Warren Buffett Energy Stock?

Occidental Petroleum is an oil and gas stock that is also part of Warren Buffett's equity portfolio. Trading at a cheap valuation, is OXY a good stock to own right now?

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The Independent UK

Following ‘Mind diet’ could stave off thinking and memory problems – study

The diet includes whole grains, green leafy vegetables, beans, berries, poultry and olive oil.

Barchart

Crude Prices Close Lower on Energy Demand Concerns in China

Oct WTI crude oil (CLV24 ) Wednesday closed down -0.28 (-0.39%), and Oct RBOB gasoline (RBV24 ) closed up +0.88 (+0.44%). Crude oil and gasoline prices Wednesday settled, with gasoline posting a 2-week high. Crude was under pressure Wednesday on concerns about Chinese energy demand after two Chinese refiners run...

The Independent UK

Trump roasted for mixing up Afghan airbase with oil-rich region of Alaska

Former president confused Alaska’s Arctic National Wildlife Refuge with Afghanistan’s Bagram Airfield during a Flint, Michigan, town hall

Barchart

Crude Prices Slip on Chinese Fuel Demand Concerns

Oct WTI crude oil (CLV24 ) today is down -0.44 (-0.62%), and Oct RBOB gasoline (RBV24 ) is down -0.38 (-0.19%). Crude oil and gasoline prices today are moderately lower. Crude is under pressure today on concerns about Chinese energy demand after two Chinese refiners run by Sinochem Group declared...

Barchart

Love Dividends? 2 Safe Dividend Aristocrats to Buy and Hold Forever

These two reliable companies are incredible investments to earn steady and growing dividend income.

Top News

Loopholes In Sanctions Allow Western Nations To Purchase Russian Oil

Discover how Western nations exploit sanctions loopholes to indirectly purchase Russian oil through Turkey, supporting Russia's war efforts.

The Walrus

A Poilievre Government Would Be Steps Back for the Climate

His environmental policy: lip service and denial

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