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Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...Business - MarketWatch - October 16 -
New York officials call for big oil to be prosecuted for fueling climate disasters
Oil majors’ conduct can constitute reckless endangerment due to fossil fuels’ effect on global heating, advocates claim. New York state prosecutors could press criminal charges against big oil ...World - The Guardian - October 17 -
Phillips 66 to close oil refinery after Newsom law
Phillips 66 announced Wednesday it will close its 650-acre oil refinery complex near the Port of Los Angeles by the fourth quarter of 2025, days after Gov. Gavin Newsom (D) signed a new law ...Politics - The Hill - October 17 -
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
Women footballers urge Fifa to end Saudi oil deal
More than 100 professional women's footballers sign an open letter urging Fifa to end a sponsorship deal with Saudi oil giant Aramco.Top stories - BBC News - October 21 -
Bipartisan House members call for tighter sanctions on oil field servicers in Russia
A bipartisan coalition of more than 50 congressional representatives called on the Biden administration to tighten sanctions on Russian oil and specifically address a major U.S. oil field ...Politics - The Hill - October 21 -
US oil industry wins reprieve to avert Gulf of Mexico shutdown
Court delays introduction of new protections for endangered species as activists bemoan ‘fear-mongering’Business - Financial Times - October 21 -
Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.Business - The Wall Street Journal - 6 days ago -
Oil prices finish higher for the week as Middle East worries linger
Oil futures climbed Friday, contributing to a gain for the week, with lingering worries over the potential for a wider Middle East conflict helping to put a floor under crude prices.Business - MarketWatch - 5 days ago -
Israel’s attack on Iran spares oil, nuclear facilities and probably markets too
Israel launched air strikes against military targets in Iran on Saturday in its long anticipated retaliation for an Iranian missile attack on October 1st, but avoided hitting energy infrastructure ...Business - MarketWatch - 4 days ago -
G7 vows to clamp down on Russia’s oil sanctions evasion
Group commits to unspecified measures to enforce price cap on Russian exports in response to Ukraine war. Finance ministers of the G7 nations vowed on Saturday to step up efforts to prevent Russia ...World - The Guardian - 4 days ago -
World's most indebted oil firm is headache for new Mexico leader
Claudia Sheinbaum inherits a buoyant manufacturing sector, but also a troubled state-owned oil firm.Top stories - BBC News - 3 days ago -
Oil tumbles after Israel refrains from attacking Iran’s refining facilities
Brent crude drops more than 6% as Tehran gives measured response to strikesWorld - Financial Times - 2 days ago