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The Latest Breaking News from API

Crude Prices Supported by Dollar Weakness Ahead of Weekly EIA Report

February WTI crude oil (CLG25 ) today is up +0.70 (+1.01%), and February RBOB gasoline (RBG25 ) is up +0.0102 (+0.52%). Crude oil and gasoline prices today are moderately higher due to a weaker dollar. Crude also has carryover support from Tuesday when the API reported that weekly US crude...

Barchart

Crude Prices Slightly Higher on Dollar Weakness and a Decline in API Stockpiles

February WTI crude oil (CLG25 ) today is up +0.05 (+0.07%), and February RBOB gasoline (RBG25 ) is down -0.0068 (-0.35%). Crude oil and gasoline prices today are mixed. A weaker dollar today is supportive of energy prices. Crude also garnered some support today after the API reported late Tuesday...

Barchart

Owner of Avon in UK files for bankruptcy in attempt to off-load $1bn debt

Avon Products Inc, subsidiary of Natura, says it does not have liquidity to solve 386 talc-related lawsuits

The Guardian - UK

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Legendary beauty brand files for Chapter 11 bankruptcy

The company has a deep history and huge brand. The filing, however, covers only one major operator using the well-known brand name.

The Street

Bearish Short-Term Outlook for Oil Prices Despite Potential Supply Disruptions

Supply-demand dynamics, inventory fluctuations, and geopolitical tensions characterize the crude oil market landscape. Analysts at Morgan Stanley project the market to reach equilibrium by the fourth quarter of this year, potentially transitioning to a surplus by 2025. As traders await crucial US oil inventory data, the market is also reacting…

Barchart

Senate Committees Probe Trump's Alleged Offer To Roll Back Environmental Rules For $1Bn

The U.S. Senate finance and budget committees have initiated an investigation into allegations that presidential candidate Donald Trump offered to roll back numerous environmental regulations in exchange for $1 billion in campaign contributions.

International Business Times

Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds

Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental Petroleum

The Guardian - US

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Leading With Autonomy: Dr. Di Zhu's Philosophy And How It Made The Asia Policy Institute Thrive

The Asia Policy Institute (API) leads by example, exhibiting a democratic and outcome-driven philosophy, ultimately ensuring employee satisfaction and profitability.

International Business Times

U.S. oil and gas production is booming. So are the industry’s donations to its GOP allies

The biggest recipient of campaign donations from the industry isn’t Donald Trump or President Joe Biden, it’s a Texas House member who represents part of the Permian Basin.

The Texas Tribune

U.S. Oil and Gas Production Is Booming. So Are the Industry’s Donations to Its GOP Allies.

Not Donald Trump. Not Ted Cruz. But a little known Republican from West Texas ranks as the top recipient of fossil fuel money.

Capital & Main

CAPE Launches Showrunners Incubator With Starz To Boost Diversity

CAPE and Starz launch CAPE Showrunners Incubator to support API TV writers in breaking barriers and reaching new heights.

Top News

Oil industry has sought to block state backing for green tech since 1960s

Research shows industry lobbying against support for solar panels and electric cars while enjoying subsidies itself

The Guardian - UK

Nicknamed ‘The Project’ in college, Kurt Kitayama blossomed into a PGA Tour winner at 2023 Arnold Palmer Invitational

Seeking his first PGA Tour victory, Kitayama couldn't help wondering if, as he put it, "here we go again."

USA Today Sports Media Group

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The Guardian - US

‘Smoking gun proof’: fossil fuel industry knew of climate danger as early as 1954, documents show

Documents show industry-backed Air Pollution Foundation uncovered the severe harm climate change would wreak

Reason

William Barr Responds on American Petroleum Institute v. Minnesota

The former Attorney General disagrees with me on whether state and local government climate change lawsuits belong in federal court.

USA Today Sports Media Group

Sam Saunders has a pretty good idea how grandfather Arnold Palmer would feel about the state of the pro game

"I can’t imagine he wouldn’t be disappointed because I know I am."

The Guardian - US

Revealed: more than 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

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Reason

Is Climate Change Going Back to the Supreme Court? (Minnesota Edition) [UPDATED]

The justices are considering whether to grant certiorari in Minnesota's lawsuit against energy companies.

The Guardian - US

Revealed: over 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

WEKU

EPA aims to slash the oil industry's climate-warming methane pollution

New EPA rules require oil and gas companies to slash climate-changing methane from their operations.

The Hindu

Only 12% of Bengaluru’s population above 50 years have received any adult vaccines, finds survey

are the seven adult vaccines recommended in India.In Bengaluru, only 12% of adults have taken adult vaccines, despite 84% being aware of them. Doctors recommend adult vaccines to only 12% of aging adults, and many patients don't receive a firm recommendation from their doctors. To improve adult vaccination uptake, measures…

Capital & Main

California Is On the Verge of a World-Changing Climate Bill — But It’s in Trouble

Emissions disclosure bill is testing the state’s climate resolve in the face of industry misinformation.

The Guardian - US

Fossil fuel workers are dying inhaling gases – despite US warnings to big oil

After multiple worker fatalities, the US government warned manual gauging was dangerous. The oil industry seems to have not taken note, activists say

Tribune News Service

The hate has not stopped – but what has caused California anti-Asian crimes to drop?

AAPI community leaders met new hate crime data with trepidation and caution – though reported anti-Asian hate crimes decreased in 2022, the number was still the second-highest since at least 2001, and anti-Asian rhetoric and violence are still widespread.

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