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The Latest Breaking News from Oil

Russia and Ukraine target each other’s energy sectors

Moscow has renewed strikes on Ukraine’s energy facilities, drawing retaliatory attacks on refineries by Kyiv.

Al Jazeera

Russia Hits Ukrainian Energy Sites In 'Massive' Overnight Attack

Russia launched a "massive" missile strike at Ukraine overnight, damaging four power plants in the latest barrage targeting the country's energy supply, officials in Kyiv said on Saturday.

International Business Times

Yemen’s Houthis damage oil tanker, shoot down US drone

MV Andromeda Star suffers damage and MQ-9 Reaper drone shot down in latest escalation by the Houthis.

Al Jazeera

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How to "Condition" Leather Furniture, According to Experts — 'It Will Help it Last Forever!'

To keep your leather furniture looking its best, this job should be a vital part of your care routine

Livingetc

OPEC: End Of Oil Not In Sight, Says Secretary General

OPEC Secretary General reaffirms oil's significance in global energy landscape amidst renewable energy discussions.

Top News

Crude Prices Finish Higher on Middle East Tensions

June WTI crude oil (CLM24 ) on Friday closed up +0.28 (+0.34%), and May RBOB gasoline (RBK24 ) closed up +1.07 (+0.39%). Crude and gasoline prices posted moderate gains on Friday. Middle East tensions are underpinning crude prices on concerns about an escalation of the Israel-Hamas war. Israel has launched...

Barchart

Crude Prices Slightly Higher on Middle East Tensions

June WTI crude oil (CLM24 ) this morning is up +0.06 (+0.07%), and May RBOB gasoline (RBK24 ) is down -0.35 (-0.13%). Crude and gasoline prices this morning are mixed. Middle East tensions are underpinning crude prices on concerns of escalation of the Israel-Hamas war. Israel has launched strikes against...

Barchart

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US Oil Giants' Profits Dip As Exxon Deal Nears Finish Line

ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil's big takeover appears on track to close before Chevron's.

International Business Times

3 Energy Stocks Poised for Rapid Growth in May

Oil and gas prices have been surging lately due to an improving demand outlook and persistent supply risks amid geopolitical tensions, creating tailwinds for the energy sector. Thus, it could be wise to invest in fundamentally sound energy stocks Cenovus Energy (CVE), Weatherford International (WFRD), and Gulf Island Fabrication (GIFI)…

StockNews.com

Exxon Mobil (XOM) Earnings Analysis: Ideal Time to Buy?

While the energy sector demonstrated resilience last year, falling natural gas prices could pose challenges this year. Industry leader Exxon Mobil (XOM) recently released its earnings, which paints an unclear picture. Let's analyze and find out if now could be an ideal time to buy the stock. Read on to…

StockNews.com

Barclays accused of greenwashing over financing for Italian oil company

Exclusive: Environmental groups say bank is misleading public over ‘sustainable’ financing for Eni as company vastly expands fossil fuel production

The Guardian - UK

I just exfoliated using an ancient Mediterranean method and I've never had smoother, more even toned legs - game changing for summer

Bye bye winter hibernation skin!

Marie Claire

Oil: 'Mother Of Corruption' In Venezuela

Corruption in Venezuela's oil industry is a many-headed monster that has devoured billions of dollars in taxpayers' money in the past 20 years, experts say.

International Business Times

Oil Prices Increase Following US Official's Positive Economic Outlook

Global oil prices surged as a US official's statement calmed market concerns, impacting investor sentiment.

Top News

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Latin Times

Texas billionaire announces deal with Venezuelan state-run company after U.S. sanctions reimposed

LNG Energy Group was awarded contracts to rehabilitate five aging oil fields

Barchart

Crude Prices Recover Early Losses as the Dollar Weakens

June WTI crude oil (CLM24 ) on Thursday closed up +0.76 (+0.92%), and May RBOB gasoline (RBK24 ) closed up +2.46 (+0.91%). Crude and gasoline prices recovered from early losses on Thursday and closed moderately higher. Short covering emerged in crude on Thursday when the dollar index fell to a...

Homes & Gardens

How to get rid of flying termites – 5 tips to prevent these pests from damaging your property

Flying termites represent a significant warning of a termite problem in your home – here's what experts say about how to deal with them

Barchart

What are the Most Bullish Factors for Crude Oil?

After declining in 2023, crude oil prices rallied in Q1 2024 and have edged even higher in the early days of Q2. Crude oil remains the energy commodity that powers the world, and the price prospects over the coming months will remain bullish as markets reflect the economic and geopolitical…

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news in one place.

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Barchart

Energy Demand Concerns Weigh on Crude Prices

June WTI crude oil (CLM24 ) this morning is down -0.50 (-0.59%), and May RBOB gasoline (RBK24 ) is down -1.79 (-0.66%). Crude and gasoline prices this morning are moderately lower on energy demand concerns after US Q1 GDP growth rose less than expected. Losses in crude are limited after...

Latin Times

Tether to freeze accounts following reports of Venezuelan oil company using USDT to evade sanctions

Nicolás Maduro failed in his attempt to have his own cryptocurrency to "overcome the financial blockade"

International Business Times UK

5 Stocks From Warren Buffett's Portfolio To Buy and Hold for the Next Five Years

Buffett's investing philosophy is buying great companies at a fair price. These five stocks form the pillar of his $340 billion portfolio, poised for future growth.

Barchart

Chart of the Day: Antero Resources - Very Mixed Views

The Chart of the Day belongs to the oil & gas company Antero Resources (AR) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used...

The Guardian - UK

‘Privileged access’: pro-plastic lobbyists at UN pollution talks increase by a third

Fossil fuel and petrochemical campaigners at Ottawa summit outnumber scientists, EU and Indigenous delegates

The Guardian - UK

Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns

Increase in cost of crude could drive inflation up and force central banks to keep interest rates high

The Walrus

Pierre Poilievre Wants a Carbon Tax Election

The policies of carbon pricing have been twisted and maligned—and they could decide our next prime minister

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