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The Latest Breaking News from Oil

Venezuela Says US Building 'Secret' Bases In Disputed Essequibo

Venezuelan President Nicolas Maduro on Wednesday accused the United States of building "secret military bases" in Essequibo, an oil-rich region of Guyana that Caracas claims as its territory.

International Business Times

Just 57 companies linked to 80% of greenhouse gas emissions since 2016

Analysis reveals many big producers increased output of fossil fuels and related emissions in seven years after Paris climate deal

The Guardian - UK

Crude Ends Higher as OPEC+ Maintains its Crude Production Cuts

May WTI crude oil (CLK24 ) on Wednesday closed up +0.28 (+0.33%), and May RBOB gasoline (RBK24 ) closed up +0.20 (+0.07%). Crude and gasoline prices Wednesday settled moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 7-month high. A weaker dollar on Wednesday was supportive...

Barchart

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Crude Gains as OPEC+ Maintains its Crude Production Cuts

May WTI crude oil (CLK24 ) this morning is up +0.75 (+0.88%), and May RBOB gasoline (RBK24 ) is up +2.56 (+0.93%). Crude and gasoline prices this morning are moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 7-month high. A weaker dollar today is supportive...

Barchart

8 things people with shiny hair always do that are easy additions to your routine

The simple steps those with shiny hair always follow to achieve glassy strands - according to pro-hairstylists and beauty experts...

Woman & Home

Shell appeals court ruling ordering it to slash emissions by 2030

A Dutch court has begun hearing an appeal brought by Shell against a landmark 2021 ruling ordering the multinational oil giant to reduce its carbon emissions by 45 percent by 2030.

Radio France Internationale

10 Best Dry Shampoo For 2024: For Fresh, Clean Hair Every Time

With its convenience and effectiveness, dry shampoo has become a staple in many people's hair care routines, providing a quick and easy way to keep hair looking and feeling its best.

Medical Daily

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India to build first commercial crude oil strategic storage

India, the world’s third biggest oil consumer and importer, plans to build its first commercial crude oil strategic storage as part of efforts to shore up stockpiles as insurance against any supply disruption.

The Hindu

Bofa Raises 2024 Oil Forecasts Due To Supply Constraints

Bank of America raises 2024 oil forecasts due to supply constraints and geopolitical risks in response to evolving global energy landscape.

Top News

UAE's Non-Oil Business Activity Growth Eases In March

Learn about the UAE's March PMI showing a slight easing in non-oil business activity growth and the importance of monitoring economic indicators for long-t...

Top News

‘No choice’: Ukraine eyes Kerch bridge in Crimea for drone attack

Third attack on Kerch bridge between Russia and occupied Crimea ‘inevitable’, say Ukraine’s military intelligence

The Guardian - UK

Oil Prices Rise Amid Supply Concerns In Global Market

Learn about the recent surge in oil prices due to geopolitical tensions and supply concerns impacting the global market.

Top News

Two Ex-Executives of CNOOC Fall Amid Anti-Graft Storm

Two more industry veterans face probe as authorities target corruption in sprawling state-owned sector

Caixin Global

Crude Prices Strengthen on Geopolitical Risks and Improved Global Energy Demand

May WTI crude oil (CLK24 ) on Tuesday closed up +1.44 (+1.72%), and May RBOB gasoline (RBK24 ) closed up +4.89 (+1.80%). Crude and gasoline prices Tuesday settled moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 2-week high. A weaker dollar on Tuesday was supportive...

Barchart

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Latin Times

Nicolas Maduro Planning Visit to Russia, Kremlin Confirms

The expected visit is a sign of continued close ties between the two major-oil producing nations which are both at odds with the U.S.

Barchart

Crude Prices Firm on Geopolitical Risks and Strength in Global Energy Demand

May WTI crude oil (CLK24 ) this morning is up +1.07 (+1.28%), and May RBOB gasoline (RBK24 ) is up +2.32 (+0.86%). Crude and gasoline prices this morning are moderately higher, with crude posting a 5-1/4 month high and gasoline posting a 2-week high. A weaker dollar today is supportive...

Axios

Antitrust enforcement gets bipartisan love — except for oil deals

Democrats and Republicans have locked hands to oppose mergers in other industries.

International Business Times

Oil Prices Surge To 6-Month Highs Amid Geopolitical Tensions, Supply Threats

Rising tensions in the Middle East and Eastern Europe contribute to a significant surge in oil prices, reaching levels not seen in six months.

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Top News

Championx Acquired By SLB In .7 Billion Deal

ChampionX's .7 billion acquisition of SLB to enhance oilfield services and equipment offerings.

PC Gamer

We had another look at Still Wakes the Deep—and there's more than just slimy, stretched-out skin in the Beira D oil rig

Tales of old.

TechRadar

From the North Sea to Arabian Nights - my favorite games from a recent ID@Xbox showcase

We recently attended an ID@Xbox showcase and got a closer look at more of the upcoming indie games coming out soon.

Top News

OPEC+ To Maintain Current Output Policy At April Meeting

OPEC+ likely to maintain current output policy to stabilize oil prices amidst global uncertainties.

The Guardian - UK

Ukrainian drone attacks target oil refinery and factory deep inside Russia

Attacks more than 800 miles from border are first in Tatarstan region since beginning of war

Evening Standard

Ukraine drone attacks 'hit big Russian oil refinery and drone factory' 800 miles from frontline

They attacked targets in Tatarstan, a highly industrialised region south-east of Moscow, in the early hours

France 24

Senegal: Economic sovereignty dominates President-elect Faye's agenda

As Senegal's President-elect Bassirou Diomaye Faye is sworn in this Tuesday, we focus on the major economic challenges facing the country. In a bid to lower Senegal's 20 percent unemployment rate, the anti-establishment leader is pushing for measures that will boost job creation and lower the cost of living. Among…

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