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The Latest Breaking News from Oil

Asian Markets Fluctuate With Eyes On Megatech Results

Investors are eyeing the earnings reports of five of the "Magificent Seven" tech giants due this week, including Google parent Alphabet, Amazon, Apple, Facebook-parent Meta, and Microsoft.

Latin Times

Petrol and food prices will fall thanks to oil glut, says World Bank

Downward trend in oil price from higher production, falling demand in China and clean energy to continue

The Guardian - UK

'Shameful' Labour told to act as BP records 'obscene' profits

LABOUR have been told to close the loopholes in the windfall tax and use it to end cuts to the Winter Fuel Payments ...

The National (Scotland)

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Oil Giant BP Reports Drop In Third-quarter Net Profit

The group earlier this month flagged to markets that its latest earnings would take a sizeable hit after oil prices have fallen on concerns over Chinese demand and the prospect of higher crude production in 2025.

International Business Times

BP posts weakest quarterly profits in almost four years amid lower oil prices

Energy company says it plans to cut at least $2bn of cash costs from the business by the end of 2026

The Guardian - UK

BP delivers smallest quarterly profit since the pandemic amid shareholder unrest

Oil supermajor to reward investors with a dividend of 8 cents and a $1.75 billion share buyback “as part of our $3.5 billion commitment for the second half of 2024.”

Evening Standard

BP profits slump as faltering demand hits refining margins

The energy giant said profits were down more than 30% compared with the same period a year earlier, amid faltering oil demand globally.

The Independent UK

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FTSE 100 Live 29 October: HSBC shares rally as results beat hopes, BP profits fall

Top marks for Pearson and forecast-beating HSBC today contrasted with a results-day setback for BP near the foot of the FTSE 100 index.

Evening Standard

Stock market today: Asian shares mostly rise after Wall Street climbs on Big Tech gains

Asian shares mostly rose after U.S. stocks closed broadly higher with gains in Big Tech companies offsetting a skid in oil-and-gas stocks

The Independent UK

Global Oil Prices Fall After Israel's Measured Strike On Iran

Global oil prices drop after Israel's strike on Iranian military sites, influenced by Middle East tensions and global economic factors. Experts foresee fur...

Top News

3 Top Energy Dividend Stocks for Steady Passive Income

Discover three top energy dividend stocks that offer a compelling combination of steady income and growth potential, making them attractive choices for investors seeking passive income in the energy sector.

Barchart

Stocks Close Higher on Reduced Middle East Risks

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.12%. Stocks rallied Monday on reduced Middle East geopolitical risks after Israel over the...

Barchart

Oil Prices Plunge after Israel Limits Its Retaliatory Strike on Iran

December WTI crude oil (CLZ24 ) on Monday closed down -4.40 (-6.13%), and December RBOB gasoline (RBZ24 ) closed down -0.0113 (-5.46%). Crude oil prices plunged on Monday after Israel over the weekend launched a limited retaliatory strike on Iran and did not strike any of Iran's oil facilities. Iran...

Barchart

Best anti-frizz serums and oils for high-porosity curly, coily and wavy hair

Flyways and lion’s manes be gone!

Evening Standard

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Capital & Main

In Purple Pennsylvania, Older Climate Activists Tell Would-Be Voters, ‘We Caused It. We Can Solve It.’

Under the watch of environmental warrior Bill McKibben, the 'Silver Wave Tour' is mobilizing fed-up senior citizens to canvas for climate votes in swing states.

Capital & Main

Drill, Baby, Drill? Former Big Oil Exec Says That’s Exactly What the Industry Doesn’t Need.

Former ConocoPhillips economist Marianne Kah on the election: Whether it's Harris or Trump, the outcome likely won't affect oil production.

The Independent UK

Oil prices fall as reality of weak global demand overtakes risk of wider war in Middle East

Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared

Evening Standard

Oil prices tumble as ‘hopes of de-escalation’ in Middle East rise

The FTSE 100 moved 36.78 points higher, or 0.45%, to close at 8,285.62.

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The Independent UK

Mark Bittman's recipe for a gooey, melty, kid-friendly grilled cheese sandwich

Smushing a cheese sandwich in the pan leaves you with a crisp outside and gooey inside, says Mark Bittman in his cookbook “How to Cook Everything Kids.”

Roll Call

Vulnerable candidates get creative as they vie for climate votes - Roll Call

Candidates in tight congressional races are staking territory outside political norms as they clash over energy and environmental policy.

Barchart

Oil Prices Plunge after Israel's Limited Retaliatory Strike on Iran

December WTI crude oil (CLZ24 ) today is down -4.01 (-5.59%), and December RBOB gasoline (RBZ24 ) is down -0.1015 (-4.98%). Crude oil prices are sharply lower after Israel over the weekend launched only a limited retaliatory strike on Iran and did not strike any of Iran's oil facilities. Iran...

Fortune

Pizza shop issues apology after customers get high from eating THC-contaminated pies

Famous Yeti’s Pizza in Stoughton, Wisconsin says an operator unknowingly used THC oil.

Investors Business Daily

Cruise Line, Airline Stocks Rally As Oil Prices Pull Back On Israeli Restraint

Fuel-thirsty cruise line and airline industry stocks rallied early Monday as oil prices dropped after Israel's measured response to Iran.

The Guardian - AU

Abandoning Bass Strait oil and gas structures would breach international law, expert warns

Australia must insist on full removal when ExxonMobil decommissions offshore project, Wilderness Society says

Barchart

Stocks Higher on Relief After Israel's Limited Retaliation Reduces Middle East Risks

The S&P 500 Index ($SPX ) (SPY ) is up +0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.39%. Stocks today are trading higher on reduced Middle East geopolitical risks after Israel over the...

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