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The Latest Breaking News from Oil

Can Binance survive fallout from founder Changpeng Zhao's guilty plea?

Binance has seen outflows of over $1 billion in the past 24 hours, according to analysis firm Nansen. This is sparking questions on whether the crypto exchange can withstand its founder Changpeng Zhao pleading guilty to breaking US anti-money laundering laws and stepping down as CEO. Also, US and international…

France 24

Why carbon capture is no easy solution to climate change

Technologies that capture carbon dioxide emissions to keep them from the atmosphere are central to the climate strategies of many world governments

The Hindu

3 Hot Energy Stocks to Invest in With 'Buy' Signals

Despite the rising adoption of renewable energy sources, the unwavering demand for oil and gas is unlikely to dissipate anytime soon. Coupled with the forecasted supply constraints, this could catalyze an oil price surge. Given this backdrop, quality energy stocks Delek US Holdings (DK), CVR Energy (CVI), and Valero Energy…

StockNews.com

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Grangemouth closure to make Scotland 'more reliant' on imports from England

THE closure of the Grangemouth oil refinery will make Scotland less energy self-sufficient, according to an industry expert.

The National (Scotland)

Fossil Fuels In The Crosshairs At Pivotal COP28 Talks

Pope Francis, King Charles III, political leaders, activists and lobbyists will be among the more than 70,000 visitors expected for the COP28 meeting in oil-rich United Arab Emirates, making it the largest UN climate change conference ever held.

Latin Times

Stock market today: Asian shares are mixed, with markets in Japan and US closed for holidays

Shares are mixed in Asia after a modest advance on Wall Street that kept the market on track for a fourth straight weekly gain

The Independent UK

Oil Drops Further After OPEC Delay As Asian Stocks Struggle

Oil extended losses Thursday after OPEC announced the shock delay of a key policy meeting, suggesting fresh upheaval in the bloc, while equities struggled after two US reports dented recent euphoria over the future of interest rates.

Latin Times

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‘You can walk around in a T-shirt’: how Norway brought heat pumps in from the cold

Device installed in two-thirds of households of country whose experience suggests switching to greener heating can be done

The Guardian - UK

To save the climate, the oil and gas sector must slash planet-warming operations, report says

The oil and gas sector, one of the major emitters of planet-warming gases, will need a rapid and substantial overhaul for the world to avoid even worse extremes fueled by human-caused climate change

The Independent UK

Companies still investing too much in fossil fuels, global energy watchdog says

Head of International Energy Agency says the industry faces a ‘moment of truth’ as Cop28 talks approach

The Guardian - UK

POWR Stock of the Week Under $10: PHX Minerals (PHX)

Don’t judge a book by its cover, and don’t judge a stock by its ticker. Investors who fail to keep an eye on the bouncing ball can fall victim to an “I know that stock” mentality that doesn’t always keep up with changing businesses, especially in the rapidly evolving technology…

StockNews.com

Crude Prices Retreat on OPEC+ Rift on Crude Production Levels

January WTI crude oil (CLF24 ) on Wednesday closed down -0.67 (-0.86%), and Jan RBOB gasoline (RBF24 ) closed down -0.0122 (-0.55%). Crude oil and gasoline prices Wednesday settled moderately lower after this weekend’s OPEC+ meeting was delayed until Nov 30 as talks ran into trouble amid Saudi dissatisfaction with...

Barchart

1 High-Yield Energy Dividend Stock to Own for 2024

For energy investors seeking out steady dividend income and exposure to the oil-producing gusher that is the Permian Basin, here's a top-rated stock pick to consider right now.

Barchart

Frying turkeys can explode. Here's how to avoid that

When properly cooked, fried turkey can be an explosion for your taste buds. But if it's not completely thawed, that turkey can explode in a pot of hot oil and spark a dangerous fire.

WEKU

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Barchart

Crude Prices Sink on OPEC+ Rift on Crude Production Levels

January WTI crude oil (CLF24 ) this morning is down -2.98 (-3.83%), and Jan RBOB gasoline (RBF24 ) is down -0.0787 (-3.56%). Crude oil and gasoline prices this morning are sharply lower after this weekend’s OPEC+ meeting was delayed until Nov 30 as talks ran into trouble amid Saudi dissatisfaction...

Marie Claire

Plan a little self-care session with these Marie Claire UK Skin Awards 2023 winners

Elevated me-time

Marie Claire

These are the everyday heroes that our 2023 Marie Claire UK Skin Awards judges rely on in their beauty stashes

Who said everyday beauty had to be boring?

StockNews.com

3 Oil & Gas Stocks Energizing Portfolios

Against a backdrop of supply cuts and geopolitical conflict, the demand for oil and gas is expected to remain robust. Therefore, three oil and gas stocks, Shell plc (SHEL), Enterprise Products Partners (EDP), and GeoPark Limited (GPRK) could be solid additions to your portfolio. Read more….

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Barchart

Stocks Gain on Positive Corporate News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.56%. Stocks this morning are moderately higher, with the S&P...

Barchart

Time to Clean Up Some Leftovers Before the Holiday

As markets move into the holiday season this week, it's time to clean up some of the conversations we've already had.

The National (Scotland)

First Minister speaks out as Scotland's only oil refinery announces closure

THE First Minister has spoken out after news broke that Scotland’s only oil refinery, at Grangemouth, is to close ...

The Hindu

Free workshop on dementia

Chennai's Dementia India Alliance and Indian Oil Corporation are hosting a free workshop on dementia on Saturday. Collaborators DemCares, Heritage Foundation and Centre for Ageing at MSSW will provide a session on ‘Caring for dementia’ and an activity-based workshop. Open to caregivers, healthcare professionals, doctors, psychologists, social workers, nurses and…

The Hindu

Salvaging boats that sank after Vizag fishing harbour fire is a Herculean task

After a massive fire gutted 45 trawlers at Visakhapatnam Fishing Harbour, authorities are now focussing on salvaging the sunken boats. Divers must secure hauling cables to the boats, then use a crane to pull them up. Oil spill management is also needed. The State govt. has announced a compensation, but…

The Hindu

Mysuru ZP CEO appreciates rural women SHG’s innovative venture

Rural women in H.D. Kote taluk, Mysuru, have innovatively produced cold-pressed oil through their self-help group, receiving appreciation from Mysuru Zilla Panchayat CEO K.M. Gayathri. She directed local panchayat authorities to provide marketing facilities and advised village residents to make use of benefits under MGNREGA. She also checked uniform/shoe distribution,…

The Guardian - UK

Grangemouth oil refinery to shut down, raising concern for 500 jobs

Plans by Petroineos to convert facility to an import terminal spark questions for Scottish economy and UK refining capacity

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