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The Latest Breaking News from Oil

POWR Stock of the Week Under $10: ProFrac Holding (ACDC)

Oil prices were nothing if not volatile last year, and nothing indicates this year will be any different. With prices trading at the bottom end of the range as we enter 2024, now may be a great time to take a look at some beaten down oil stocks. One company…

StockNews.com

Crude Prices Fall as Weak Demand Boosts Weekly EIA Product Inventories

February WTI crude oil (CLG24 ) on Thursday closed down -0.51 (-0.70%), and Feb RBOB gasoline (RBG24 ) closed down -4.80 (-2.22%). Crude oil and gasoline prices Thursday gave up an early advance and turned lower weekly inventories of crude products unexpectedly rose in Thursday's weekly EIA report, a sign...

Barchart

Crude Prices Fall on an Unexpected Build in Weekly Product Inventories

February WTI crude oil (CLG24 ) this morning is down -1.51 (-2.08%), and Feb RBOB gasoline (RBG24 ) is down -6.96 (-3.23%). Crude oil and gasoline prices this morning gave up an early advance and turned lower after an unexpected build in crude products in today's weekly EIA report, a...

Barchart

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Crude Oil: Will the Tug of War Between Bulls and Bears Continue in 2024?

Crude oil closed 2023 at below $72 per barrel. The price was lower for the year and just below the U.S. administration’s $67 to $72 per barrel buying zone to replenish the Strategic Petroleum Reserve. As the market heads into 2024, bullish and bearish factors pull the energy commodity in…

Barchart

Rosebank oil will not be kept in Britain, UK Government admits

OIL from the Rosebank field will be sold on the international market rather than to UK consumers, the UK Government has admitted.

The National (Scotland)

TotalEnergies signals land review for contentious mega projects in Africa

The French energy giant TotalEnergies says it's launched an assessment for land it acquired for its $10 billion projects in Uganda and Tanzania that have been lambasted by environmentalists.

Radio France Internationale

The Young and the Restless spoilers: Adam helps Victoria bond with Claire?

The Young and the Restless’ Claire rejects Victoria. Will Adam be the surprising person to help the mother/daughter duo connect?

WhatToWatch

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Shipping giant Maersk's stock buoyed by halt of Red Sea journeys following Houthi rebel attacks

Global shipping leaders and oil giant BP have decided to hit pause on Red Sea transit until it becomes safer—but costs could increase as a result.

Fortune

TotalEnergies To Review Land Buyouts In Contested Africa Projects

French energy giant TotalEnergies on Thursday said it had launched a review of its land acquisition practices for controversial $10-billion projects in Uganda and Tanzania slammed by environmentalists.

International Business Times

Oil-filled radiator vs fan heater—which one is best for staying warm on a budget this winter?

We pipped these two portable heaters against each other

Ideal Home

UK government admits Rosebank oil will not be kept in UK to boost energy security

Ministers have previously claimed oilfield development will improve domestic energy security and help consumers

The Guardian - UK

"Crude oil prices are falling but no control on looting by Modi government", Cong Chief Kharge slams Centre

Congress President Mallikarjun Kharge hit out at the Union government on Thursday for not reducing the prices of petrol and diesel even when crude oil prices were falling globally. Read further on Dynamite News:

Dynamite News

Oil Market In 2024: A Bullish Prediction

Oil had a smooth ride in 2003. The first part of the year traded in the $70.28-79.47 per barrel range, jumped to $89,19 in the second part and ended very close to where it began at $72.47.

International Business Times

New Mexico considers setback requirements for oil wells near schools and day care centers

A bill to ban oil and gas production within a mile (1.6 kilometers) of schools and day care centers across New Mexico is among the first published proposals as the state Legislature prepares for a 30-day session that could bring an overhaul to fundamental oil and gas regulations

The Independent UK

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The Guardian - AU

‘It’s really well-balanced, there’s a bit of everything’: how to cook and eat like you’re on holiday in Vietnam

Chef Jerry Mai shares a typical day of Vietnamese dining, and her recipe for grilled fish rice paper rolls – with all the trimmings

Barchart

Crude Oil Prices Close Sharply Higher on Global Supply Disruptions

February WTI crude oil (CLG24 ) on Wednesday closed up +2.32 (+3.30%), and Feb RBOB gasoline (RBG24 ) closed up +6.32 (+3.02%). Crude oil and gasoline prices recovered from early losses Wednesday and rallied sharply on supply disruptions in Libya and increased tensions in the Middle East. Crude prices Wednesday...

Evening Standard

9 cheap ways to hack yourself to better health — from adding salt to your water and eating flaxseed daily

Wellness needn't cause financial ruin. Madeleine Spencer has a list of easy habits that won't cost you more than a few pennies

The National (Scotland)

'Shetlanders won't accept Rosebank like they might have done 10 years ago'

A SHETLAND councillor has said the approval of drilling at Rosebank oil field feels like a “kick in the teeth” as he claimed support for…

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Barchart

Crude Oil Prices Jump on Global Supply Disruptions

February WTI crude oil (CLG24 ) this morning is up +2.03 (+2.88%), and Feb RBOB gasoline (RBG24 ) is up +5.71 (+2.73%). Crude oil and gasoline prices this morning recovered from early losses and rallied sharply on supply disruptions in Libya and increased tensions in the Middle East. Crude prices...

International Business Times

Global Oil Prices Trend Down In Early 2024 As US Production Booms, OPEC Flounders

US oil output continues to reach new heights; Houthi attacks in the Red Sea persist; OPEC's eighth-largest producer is leaving the cartel.

The Conversation

We used AI and satellite imagery to map ocean activities that take place out of sight, including fishing, shipping and energy development

Humans are racing to harness the ocean’s vast potential to power global economic growth. Worldwide, ocean-based industries such as fishing, shipping and energy production generate at least US$1.5 trillion in economic activity each year and support 31 million jobs. This value has been increasing exponentially over the past 50 years…

The Guardian - UK

Human activity is powering ‘a new industrial revolution’ at sea, say experts

Researchers using AI and satellite imagery find 75% of industrial fishing is not being publicly tracked, while wind turbines now outnumber oil platforms

Barchart

2024 Stock Market Prediction: Watch Out for These 3 Risks

While analysts' predictions for U.S. stocks calls for mid-single digit returns in 2024, there are several risks that investors need to watch out for after last year's surprise rally.

The Hindu

IOCL to provide TB testing equipment to State’s healthcare facilities

Indian Oil Corporation Limited equips government healthcare facilities in Tamil Nadu to eliminate TB, as part of its CSR effort.

Top News

New York Gas Prices: Today vs. Yesterday

In New York, as of 3 January 2024, gas prices have surged, reaching .24 per gallon for regular unleaded gasoline. This marks a noticeable increase from y...

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