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The Latest Breaking News from Oil

Russian central bank hikes rates to fight inflation fueled by military spending in growing economy

Russia’s central bank has raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy’s capacity to produce goods and services and drives up workers’ wages

The Independent UK

John Swinney meets with Grangemouth workers as refinery to cease operations

JOHN Swinney has met with representatives of the Grangemouth oil refinery following confirmation by Petroineos that the refinery will cease…

The National (Scotland)

High court blocks Cumbria plan for UK’s first new deep coalmine in 30 years

Court rules against West Cumbria Mining’s fossil fuel development in Whitehaven

The Guardian - UK

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You'll love this moist, rich fall cake

"I love it during these early days of the season change when it feels a little soon for all things pumpkin-spice"

Salon

Crude Finishes Higher as Tropical Storm Francine Disrupts US Gulf Crude Production

Oct WTI crude oil (CLV24 ) Thursday closed up +1.66 (+2.47%), and Oct RBOB gasoline (RBV24 ) closed up +2.98 (+1.57%). Crude oil and gasoline prices rallied for a second day on Thursday. Crude oil prices moved higher as tropical storm Francine disrupted US crude production in the Gulf of...

Barchart

Gasoline versus Heating Oil- Where is VLO Heading?

Gasoline is a seasonal fuel, while heating oil is a proxy for other distillates, making it a more year-round oil product. As the markets move into the fall and winter seasons, gasoline demand will decline, but heating oil demand will remain steady.

Barchart

3 Oil Stocks With High Yields to Buy Now

Although global oil demand is projected to grow, it’s happening more slowly. In this climate, investing in fundamentally sound companies such as EOG Resources, Inc. (EOG), Energy Transfer LP (ET), and Sabine Royalty Trust (SBR) could be wise. These firms offer not just reliable dividend income but also strong potential…

StockNews.com

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Nico Collins has become Texans’ version of T.Y. Hilton against rival Colts

Nico Collins has given the Indianapolis Colts a taste of their own medicine with his performance on Sunday at Lucas Oil Stadium.

USA Today Sports Media Group

Crude Rallies as Tropical Storm Francine Disrupts US Gulf Crude Production

Oct WTI crude oil (CLV24 ) today is up +2.20 (+3.27%), and Oct RBOB gasoline (RBV24 ) is up +4.04 (+2.13%). Crude oil and gasoline prices today added to Wednesday's gains and are sharply higher. Crude is climbing today on a weaker dollar. Crude is also moving higher as tropical...

Barchart

Act Fast—Bluemercury's Epic Anniversary Sale Has Every Fall Beauty Find You Need

That is, if you can get your favorites before they sell out.

Marie Claire

Oil demand growing at slowest rate since height of pandemic, says IEA

Energy watchdog says global oil prices could continue to fall from three-year lows as supply outstrips demand

The Guardian - UK

'Serious' international buyer for Grangemouth oil refinery in talks, SNP MSP says

THERE is a “serious” prospective buyer for Grangemouth who would keep the site as an oil refinery, an SNP MSP has said ...

The National (Scotland)

Grangemouth: Scotland’s only oil refinery to close with £100m support package as 400 jobs lost

The move by owners Petroineos is expected to lead to the loss of 400 jobs over the next two years.

The Independent UK

Grangemouth worker rescue package worth £100m unveiled by SNP and Labour

A £100 million rescue package has been announced in a bid to save workers facing the scrap heap because of the closure of Scotland’s last oil…

The National (Scotland)

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The Guardian - UK

Grangemouth oil refinery to close by end of June, putting 500 jobs at risk

Owners confirm site will become fuel import terminal and distribution hub, in blow to Scotland’s industrial base

The National (Scotland)

John Swinney issues statement following news of Grangemouth's closure

JOHN Swinney has issued a statement following the news that Scotland’s last oil refinery will shut next summer...

The Guardian - US

Big oil faces a rising number of climate-focused lawsuits, report finds

Communities, states and advocacy groups push to hold fossil fuel companies accountable for role in climate crisis

The National (Scotland)

Scotland's last oil refinery to close by next summer as bosses warn of job losses

SCOTLAND’S last oil refinery will shut next summer, its owners have confirmed as they warned four-fifths of the workforce face losing their jobs.

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news in one place.

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The Independent UK

Spain’s olive oil producers are turning to stones for fuel

The country has been hit by skyrocketing electricity bills

The Guardian - UK

Out of 1,500 global climate policies, only 63 have really worked. That’s where green spin has got us

Grand schemes, many backed by governments, masquerade as positive action on the environment. They should be disowned, says Guardian columnist George Monbiot

The Independent UK

What to know about fracking, false claims and other climate issues mentioned during the debate

When asked about climate change in the presidential debate, Vice President Kamala Harris said, “young people of America care deeply about this issue,” and then pointed out that that the U.S. has increased domestic production of oil to historic highs

The Guardian - US

Fracking explained: why the fossil fuel extraction process became a US election issue

Harris reiterates she won’t ban fracking if elected as Trump runs ads stating the opposite in tight Pennsylvania race

Barchart

Crude Finishes Higher on Smaller EIA Inventories and Hurricane Francine

Oct WTI crude oil (CLV24 ) Wednesday closed up +1.56 (+2.37%), and Oct RBOB gasoline (RBV24 ) closed up +2.72 (+1.45%). Crude oil and gasoline prices Wednesday settled sharply higher. Crude found support Wednesday from a smaller-than-expected build in weekly EIA crude inventories. Also, Hurricane Francine made landfall on Wednesday...

Barchart

Sugar Posts Moderate Gains as Crude Oil Climbs

October NY world sugar #11 (SBV24 ) Wednesday closed up +0.26 (+1.41%), and Oct London ICE white sugar #5 (SWV24 ) closed up +10.50 (+2.02%). Sugar prices Wednesday posted moderate gains. Wednesday's rally of more than +2% in crude oil prices (CLV24) sparked short covering in sugar futures. Sugar prices...

Barchart

Sugar Prices Recover with Crude Oil

October NY world sugar #11 (SBV24 ) today is up +0.15 (+0.81%), and Oct London ICE white sugar #5 (SWV24 ) is up +7.80 (+1.50%). Sugar prices today are moderately higher. Today's rally of more than +2% in crude oil prices (CLV24) has sparked short covering in sugar futures. On...

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