Latest in Bottle Olive Oil
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Trump’s oil-drilling plans may pose a big problem for OPEC+
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in global oil supplies next year — and as U.S. President-elect Donald Trump’s ...Business - MarketWatch - 4 days ago -
Oil prices finish lower, pressured by an Israel-Hezbollah cease-fire deal
Crude futures settled slightly lower on Tuesday as a cease-fire deal between Israel and Iran-backed Hezbollah eased concerns about risks to supplies in the oil-rich Middle East.Business - MarketWatch - 4 days ago -
Maine Becomes the Latest State to Sue Oil Companies Over Climate Change
In a new lawsuit, the state’s attorney general claims oil companies deceived the public about fossil fuel products’ contributions to climate change.Top stories - The New York Times - 3 days ago -
Oil prices end mixed as attention turns to OPEC+ decision on crude production
U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict.Business - MarketWatch - 3 days ago -
More Oil for Fewer Migrants: Trump Is Urged to Make Deal With Venezuela
Lobbying efforts push for negotiations with strongman Nicolás Maduro instead of seeking regime change.World - The Wall Street Journal - 2 days ago -
Oil Interests Gave More Than $75 Million to Trump PACs, New Analysis Shows
Oil moguls are big donors to Donald Trump. But so are engineering firms, hedge fund managers, shipbuilders and others that profit from fossil fuels.Business - The New York Times - November 1 -
Oil prices lifted by report Iran may be planning another major strike on Israel
Oil futures finished higher on Friday, finding support after a news report that Iran may be planning another major strike on Israel.Business - MarketWatch - November 1 -
All assets posted negative returns in October apart from gold, silver and oil, Deutsche Bank says
Markets have just gone through one of the toughest months they’ve experienced in 2024 so far, according to a new analysis by Deutsche Bank.Business - MarketWatch - November 1 -
Spain’s apocalyptic floods show undeniable truths: the climate crisis is getting worse and Big Oil is killing us | Jonathan Watts
The devastating flooding should spur this month’s Cop29 climate conference to press for immediate action, not look away. Move on. Nothing to see here. Just another ordinary, everyday apocalypse.. ...World - The Guardian - November 2 -
Thames Water lenders call for more backers for £1.5bn rescue cash – business live
Live, rolling coverage of business, economics and financial markets as UK water company races to secure new lifeline before December crunch. In Germany the manufacturing recession has been ...World - The Guardian - November 4 -
Oil prices end at highest in a week after OPEC+ delays output hike by another month
Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...Business - MarketWatch - November 4 -
'Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts
The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.Business - CNBC - November 4 -
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenuesWorld - ABC News - November 5 -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - November 5 -
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.Business - CNBC - November 5