Latest in Oil Faces
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Mexican fuel flows to Cuba as the island faces blackouts and the loss of Russian and Venezuelan oil
Mexico has sent nearly half a million barrels of crude oil and diesel in just a span of days, oil shipment data showsWorld - ABC News - October 31 -
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.Business - MarketWatch - October 15 -
Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities
Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...Business - MarketWatch - October 28 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - November 4 -
Olive oil heartlands battle over the industry’s future
Mega farms are encroaching on a market long dominated by smallholders, as prices remain near record highsWorld - Financial Times - October 14 -
Crude oil tumbles as Middle East fears recede
Demand from China weaker than expected, says International Energy AgencyBusiness - Financial Times - October 15 -
Woodside Narrows Oil, Gas Output Guidance
Woodside said its sales revenue totaled $3.68 billion in the third quarter, up 21% on the previous three months and driven partly by higher average LNG prices.Business - The Wall Street Journal - October 15 -
Allred backs oil in bid to take down Cruz
Welcome to The Hill's Sustainability newsletter {beacon} Sustainability Sustainability The Big Story Allred backs oil in bid to take down Cruz In Texas’ tight and acrimonious Senate race, there ...Politics - The Hill - October 16 -
US oil companies risk an unexpectedly large bill
Investor group alleges that US oil and gas groups are breaking the rules on corporate financial disclosureWorld - Financial Times - October 18 -
Oil prices end lower on progress toward Israel-Hamas cease-fire talks
Oil futures finished lower on Thursday, after comments from U.S. Secretary of State Antony Blinken suggesting progress toward Israel-Hamas cease-fire negotiations eased the risk of disruptions to ...Business - MarketWatch - October 24 -
Money from oil execs flows to Trump
{beacon} Energy & Environment Energy & Environment The Big Story Oil and gas tycoons open wallets for Trump The executives made significant contributions supporting former President Trump's ...Politics - The Hill - October 31 -
Exxon and Chevron Feel Brunt of Cheaper Oil
The oil giants posted lower third-quarter profits as energy prices sank and fuel-making margins narrowed.Business - The Wall Street Journal - November 1 -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - November 4 -
Opec+ members delay planned rise in oil production
Cartel to leave output curbs in place an extra month in effort to boost anaemic crude pricesBusiness - Financial Times - November 3 -
Oil Jumps as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.World - The Wall Street Journal - November 4 -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - November 5 -
Explosion at Turkish oil refinery injures 12
An explosion at an oil refinery in northwestern Turkey has slightly injured 12 employees and a fire at the facility has been brought under controlWorld - ABC News - November 5 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - 4 days ago -
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'Dying of thirst' as climate-driven floods mix with oil
With swathes of South Sudan submerged, a whistleblower warns water sources are being polluted by oil.Top stories - BBC News - Yesterday -
Legal challenge to Rosebank oil field begins
Campaigners want to stop the Rosebank oil and Jackdaw gas fields, but oil companies say they are vital.Top stories - BBC News - 10 hours ago -
How oil and gas companies disguise their methane emissions
FT analysis shows that firms regularly hide leakages of the deadly greenhouse gas — despite this being one of the easiest climate fixes there isBusiness - Financial Times - 18 hours ago -
Oil and gas are a 'gift of god', says COP29 host
Azerbaijan's president said countries should not be blamed for having fossil fuel reserves.Top stories - BBC News - 6 hours ago -
Oil Prices Fall After Israel Reportedly Says It Won’t Target Iran’s Nuclear or Oil Facilities
Brent crude, the international benchmark, was trading at below $74 a barrel on Tuesday, a drop from the $80 range.World - The New York Times - October 15 -
Face the Nation: Lawler, Whelan
Missed the second half of the show? The latest on...Republican Rep. Mike Lawler of New York, who represents a district heavily targeted by Democrats, tells "Face the Nation with Margaret Brennan" ...Top stories - CBS News - October 20 -
The Dilemma Iran’s Leader Faces
Iran’s Supreme Leader now faces a critical choice: whether to pursue nuclear weapons.Top stories - The New York Times - October 24 -
10/27: Face the Nation
This week on "Face the Nation with Margaret Brennan," Republican vice-presidential candidate JD Vance discusses Russian disinformation campaigns and the Trump-Vance ticket's "women problem." Plus, ...Top stories - CBS News - October 27 -
The new face of European illiberalism
Prime Minister Robert Fico has tightened his grip on Slovakia using Hungarian leader Viktor Orbán’s playbook as inspirationWorld - Financial Times - October 31 -
Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.Business - The New York Times - October 14 -
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...Business - MarketWatch - October 14 -
Russia’s shadow fleet of oil tankers grows despite western sanctions
Poorly maintained and uninsured vessels transporting up to 70% of country’s seaborne oil, says report. Russia’s shadow fleet of oil tankers is expanding, according to research, transporting up to ...World - The Guardian - October 14