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The Latest Breaking News from Oil

Biden Rule Hikes Fees For Oil Projects On Public Lands

Oil companies drilling on public lands must post larger bonds and pay higher royalties under a rule finalized Friday by the Biden administration.

International Business Times

Biden Administration Implements Reforms To Oil And Gas Leasing

Learn about the Biden administration's new rule increasing fees for oil and gas drilling on public lands to promote environmental responsibility and protec...

Top News

U.S. and Venezuelan Representatives Meet in Mexico as Sanctions Deadline Approaches Rapidly

Representatives from both governments secretly met this week to discuss Venezuela's elections. The U.S. continues to ponder on whether to reimpose sanctions.

Latin Times

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Crude Prices Jump on Heightened Geopolitical Risks in the Middle East

May WTI crude oil (CLK24 ) this morning is up +2.15 (+2.53%), and May RBOB gasoline (RBK24 ) is up +6.47 (+2.33%). Crude and gasoline prices this morning are sharply higher, with crude posting a 5-1/2 month high and gasoline posting a 7-1/2 month high. Concern that an escalation of...

Barchart

3 Energy Stocks Poised for Profits in April

The energy sector is expected to grow significantly due to geopolitical tensions, supply constraints, and rising global demand for natural gas and crude oil. Therefore, fundamentally strong energy stocks Enterprise Products Partners (EPD), Koninklijke Vopak (VOPKY), and VAALCO Energy (EGY) could be worth adding to your portfolio. Read on.

StockNews.com

Chart of the Day: DiamondBack Energy - Proves the Analysts Wrong

The Chart of the Day belongs to the oil and gas E&P stock Diamondback Energy (FANG) . 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...

Barchart

Residents of Louisiana's 'cancer alley' suffering from industrial pollution

Louisiana is home to 25 percent of the US petrochemical industry and is the country's fourth-largest crude oil producer. As a result, it is one of the states with the highest levels of industrial pollution, with disastrous consequences for the health of its citizens. In St James County, part of…

France 24

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Abu Dhabi state oil company reportedly looked at buying BP

Adnoc decided move was not right fit but it is latest sign of foreign buyers circling UK firms

The Guardian - UK

Crude Prices Close Lower on Abundant US Crude Supplies

May WTI crude oil (CLK24 ) on Thursday closed down -1.19 (-1.38%), and May RBOB gasoline (RBK24 ) closed down -0.75 (-0.27%). Crude and gasoline prices on Thursday closed moderately lower. Thursday's rally in the dollar index to a 4-3/4 month high pressured energy prices. Crude also had some negative...

Barchart

Crude Prices Retreat on Dollar Strength and Ample US Crude Stockpiles

May WTI crude oil (CLK24 ) this morning is down -0.96 (-1.11%), and May RBOB gasoline (RBK24 ) is down -1.69 (-0.61%). Crude and gasoline prices this morning are moderately lower. Today's rally in the dollar index to a 4-3/4 month high pressured energy prices. Crude also has some negative...

Barchart

Looking for a family-sized BBQ under £300? We try the Char-Broil Charcoal L, which might be the one for you

With the trend for outdoor kitchens, cooking al fresco has never been so popular. So is it time to invest in a quality charcoal BBQ?

Ideal Home

2 Energy Dividend Stocks to Buy as Analysts Raise Oil Price Forecasts

With analysts raising oil price forecasts amid high demand and tightened supply, here are two dividend-paying European energy stocks for investors to consider.

Barchart

Why is olive oil so expensive? Price rises explained

It isn’t Brexit-related

Evening Standard

6 ways to make your air fryer last longer, according to an air fryer chef

We asked an air fryer chef for her top tips on how to make your air fryer last longer. From cleaning to accessories, here's all you need to know

Homes & Gardens

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Top News

Oil Prices Rise Due To Increased Tensions In Middle East

Learn about the impact of escalating Middle East tensions on oil prices and global energy security.

Dynamite News

Bank fraud: ED filed prosecution complaint against two Delhi-based oil firm promoters

The Directorate of Enforcement (ED) has filed a prosecution complaint before the Special Court (PMLA). Read further on Dynamite News:

Barchart

Crude Recovers Early Losses on Warning of Possible Attack by Iran on Israeli Assets

May WTI crude oil (CLK24 ) on Wednesday closed up +0.98 (+1.15%), and May RBOB gasoline (RBK24 ) closed up +2.60 (+0.94%). Crude and gasoline prices Wednesday recovered from early losses and posted moderate gains after US intelligence said it believes a major missile or drone strike is imminent by...

Barchart

Big Oil vs. Big Tech: Here's the Winning Trade Right Now

Big Oil is beating Big Tech in 2024. The Energy Select Sector SPDR Fund (XLE) was up more than 13% in the first quarter of 2024, while the Nasdaq-100 Index gained just 8.7%. Add to that breakout performance the massive amounts of payouts that the large oil companies are making…

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The Hindu

After Russian oil, India raises sanctions over Russian diamonds with Europe

Faced with mounting losses and consignment delays due to new European Union-G7 sanctions, Indian diamond exporters are calling for a separate screening process to be set up in India, so that the newly mandated procedures for exports to Western countries can be processed smoothly.

Barchart

Crude Slightly Lower After Large Build in EIA Crude Inventories

May WTI crude oil (CLK24 ) this morning is down -0.28 (-0.33%), and May RBOB gasoline (RBK24 ) is down -0.77 (-0.28%). Crude and gasoline prices this morning are mildly lower, with crude falling to a 1-week low. Crude prices today gave up an early advance and turned lower after...

Capital & Main

The Transatlantic Battle to Stop Methane Gas Exports From South Texas

As legal efforts fall short, residents are pursuing a novel strategy to halt the building of export terminals on unspoiled wetlands: Lobby Europeans to reject gas from the U.S.

The Guardian - UK

Richard Serra: Six Large Drawings review – planes of black that pull you under

The artist’s posthumous show features dramatic drawings on delicate paper, etched with thick oil sticks – a magisterial play on ideas of weight and light

The Guardian - AU

EVs are booming but electric bikes are really cutting emissions

Ebikes and mopeds, known as electric micromobility, were responsible for two-thirds of the 1.5m barrels of oil displaced a day by EVs in 2022

StockNews.com

Top 3 Energy Stocks Locking in April Gains

The escalating geopolitical worries, tightened oil supplies, and increased oil consumption have bolstered the energy market. Given this backdrop, quality energy stocks Ultrapar Participações S.A. (UGP), Precision Drilling Corporation (PDS), and Adams Resources & Energy (AE) could be wise portfolio additions for potential gains this month. Read on….

Top News

Venezuela's Former Oil Minister Arrested In Corruption Probe

Former Venezuelan oil minister arrested for corruption involving millions in oil proceeds and cryptocurrency. Probe targets high-level corruption in state-...

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