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The Latest Breaking News from Oil

Crude Prices Fall on Lackluster Global Energy Demand

January WTI crude oil (CLF25 ) Monday closed down -0.58 (-0.81%), and January RBOB gasoline (RBF25 ) closed down -0.0261 (-1.30%). Crude oil and gasoline prices on Monday settled moderately lower. Lackluster Chinese economic news on Monday weighed on crude prices. Also, last month's weaker-than-expected U S and Eurozone manufacturing...

Barchart

NZ’s government may ask the public to underwrite the risk of fossil fuel exploration – this could be unlawful

After reversing the ban on new offshore oil and gas exploration permits, New Zealand’s coalition government is now considering whether to share the risks of exploration with the fossil fuel industry.

The Conversation

Gladiator II: a historian on the real north African kingdom of Numidia – and the men who ruled it

Gladiator II opens with a Roman fleet brutally laying siege to a city in the north African kingdom of Numidia. On the big screen we see ships set ablaze by pots of burning oil and defenders impaled by man-sized iron bolts. The so-called barbarian inhabitants are eventually enslaved and carted…

The Conversation

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Global Energy Demand Concerns Weigh on Crude Prices

January WTI crude oil (CLF25 ) today is down -0.75 (-1.05%), and January RBOB gasoline (RBF25 ) is down -0.0263 (-1.31%). Crude oil and gasoline prices today are moderately lower. Lackluster Chinese economic news today signals weak economic growth that is bearish for energy demand and crude prices. Also, last...

Barchart

Ukraine calls for sanctions against Russia oil tankers over Black Sea spill

Top adviser says vessels that sank and ran aground are part of aged fleet that will continue to cause large-scale damage

The Guardian - UK

Damaged Russian ships spilled an estimated 3,700 tons of oil in Kerch Strait, state media says

Russia's state media say an estimated 3,700 tons of low-grade fuel oil has spilled into the Kerch Strait after two Russian ships were seriously damaged by stormy weather

The Independent UK

EU slaps sanctions on dozens more Russian officials and targets its shadow oil and gas fleet

The European Union has imposed fresh sanctions on dozens of officials linked to Russia’s war on Ukraine

The Independent UK

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Russian Tankers Damaged In Storm, Oil Spill Reported

Two Russian tankers encounter severe damage in storm near Black Sea, resulting in an oil spill. Crew rescued, efforts ongoing.

Top News

Growing oil industry support for methane reduction rule could help it survive Trump’s return

Texas regulators are taking public comment about how they should implement an EPA rule to reduce methane leaks from the oil and gas industry.

The Texas Tribune

Ukraine war briefing: Kyiv accuses Moscow of recklessness after oil tanker sinks in storm

One dead while second tanker in distress in Black Sea near occupied Crimea. What we know on day 1,027

The Guardian - AU

Russian tanker sinks in Black Sea spilling 4,300 tonnes of oil

Ukraine accuses Moscow of recklessness due to risk of ecological damage as second tanker runs aground

The Guardian - UK

55 Clever, Best-Selling Things That Make Your Home Look More Expensive

Getting a luxe living space is easy with these things that have racked up thousands of positive reviews.

Inverse

WATCH: Horrifying Moment Russian Oil Tanker Split in Half by Storm Sinks, Spilling Oil Into Black Sea

The aftermath of a Russian oil tanker splitting in half because of a storm was caught on camera as the ship began to sink and oil spilt into the Black Sea.

Latin Times

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Evening Standard

One dead as Russian oil tankers damaged in Black Sea storm spark massive spill

Scary footage shows crew battling to save boat from going under

Woman & Home

I normally avoid red lipstick, but I'll be wearing this subtle buy for Christmas

Offering a hint of shimmer and colour, this comfortable formula is the perfect party lippie…

The Independent UK

Oil spill in Kerch Strait after two Russian oil tankers seriously damaged in storm

At least one person has died after two Russian oil tankers took heavy storm damage in the Kerch Strait, spilling oil and sparking an emergency rescue operation, Russian officials told state news outlets

TechRadar

3 great last-minute Christmas gifts for foodies (that aren't oil, salt, or vinegar)

Avoid the usual kitchenalia and get your food-loving friends something they'll actually use and love this year.

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Inverse

70 New Things Trending on Amazon That Are So Damn Cheap & Genius

On this list, you’ll find a bunch of new, genius life upgrades that shoppers on Amazon are loving — and you will, too.

The Guardian - AU

Ukraine war briefing: North Korean troops join Russian assaults in ‘significant’ numbers, Kyiv says

North Koreans joining assaults on Kursk front, says Zelenskyy, urging fresh allied response; Ukrainian drones hit oil facility in Russia’s Oryol region. What we know on day 1,026

Fortune

The fall of Afghanistan’s horse power is a lesson to today’s petrostates: Power based on a strategic commodity is fleeting

Not so long ago, Afghanistan was the Saudi Arabia of horses. But technological change led to its rapid decline.

The Independent UK

Enbridge pipeline spills 70,000 gallons of oil in Wisconsin

Officials say roughly 70,000 gallons of oil from a pipeline spilled into the ground in Wisconsin

International Business Times

Russia Using N. Korean Troops In Bid To Reclaim Kursk: Zelensky

Ukrainian President Volodymyr Zelensky said Saturday that Russia had begun deploying North Korean soldiers to storm Ukrainian positions in the Kursk region.

The Independent UK

Ukrainian drones strike Russia as Kyiv reels from consecutive massive air attacks

Ukrainian drone strikes on southern Russia have killed a 9-year-old boy and set fire to a major oil terminal, officials said Saturday

The Street

This country just suspended e-visas for American, Canadian citizens

The oil-rich nation has been transitioning to e-visas from visa-on-arrival.

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