Latest in Oil May Collapse
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Oil may ‘collapse’ below $50 a barrel in 2025 if this perfect storm hits the market
Oil prices look set to end the year lower as demand weakness, particularly from China, prevails — but 2025 may bring an even steeper loss, with the possibility of a drop below $50 a barrel if the ...MarketWatch - 7h -
Equinor Makes Oil and Gas Discovery in North Sea
The energy major said it probably wouldn’t be commercial for development in isolation, but it is the second recent discovery in the area that the company plans to further explore.The Wall Street Journal - 2d -
Russian Tanker Wrecks Spilling Oil Into the Black Sea
The Volgoneft-212 was carrying thousands of barrels of oil when it ran aground late Sunday and damaged its hull. A second tanker was also damaged.The Wall Street Journal - 2d -
Two Russian oil tankers wrecked in Black Sea
Video appears to show one of the tankers broken in half and sinking amid a heavy storm, with oil visible in the water.BBC News - 3d -
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 ...ABC News - 4d -
Britain Promised Clean Energy, but It Still Needs Oil
The government wants to rapidly replace oil and natural gas with renewable energy projects, but offshore wind and other alternatives are still in their early stages.The New York Times - Dec. 11 -
EU targets Russia's ghost fleet shipping oil in a new round of sanctions
European Union envoys have agreed a new raft of sanctions against Russia over its war on UkraineABC News - Dec. 11 -
At least 8 killed in building collapse in Cairo
Egyptian authorities say at least eight people have been killed when an apartment building collapsed CairoABC News - Dec. 10 -
Supreme Court weighs environmental dispute over Utah oil railway
The Supreme Court justices will weigh the fate of an 88-mile railroad project that would transport crude oil in Utah as they consider a dispute over whether federal officials conducted a stringent ...NBC News - Dec. 10 -
Assad regime's collapse is a devastating defeat for Iran
The Assad regime's fall marks a damaging defeat for Iran, the latest in a string of setbacks that have punctured assumptions about Tehran’s power in the region.NBC News - Dec. 9 -
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Oil Markets Shrug Off Overthrow of Syria’s al-Assad
Traders appeared to be more concerned about tepid global growth and an oversupply from other producers than about Bashar al-Assad’s ouster.The New York Times - Dec. 9 -
Cafe partially collapses as fire engulfs building
The fire has swept through a cafe and spread to neighbouring buildings, the fire service says.BBC News - Dec. 9 -
Jets lament losing 'gene' after latest collapse
The Jets are still searching for winning DNA after an OT loss to Miami eliminated them from playoff contention for the 14th straight season.ESPN - Dec. 8 -
Assad's Rule Collapses in Syria, Raising Concerns of a Vacuum
The events set off celebrations among the population but also sparked concerns about how the disintegration of the regime would reverberate in the region.The Wall Street Journal - Dec. 8 -
What’s Next for Syria After the Collapse of Assad’s Government?
Predicting Syria’s future is challenging, as the government’s sudden demise took many people who have watched the region for years by surprise.The New York Times - Dec. 8 -
Analysis of the Bashar Assad regime collapse in Syria
CBS News contributor Andrew Boyd, who previously held leadership positions at the CIA, and Mouaz Moustafa, the executive director of the Syrian Emergency Task Force, provide analysis on the events ...CBS News - Dec. 8 -
Auchincloss: Syrian government collapse is a 'potential win' but 'not uncomplicated'
Rep. Jake Auchincloss (D-Mass.) said on Sunday that the collapse of the Syrian government is a "potential win" for the U.S. but noted the dynamic is more complicated since the rebel forces are ...The Hill - Dec. 8 -
Inside the Collapse of Florida State
The Seminoles had one of the biggest nosedives in college football history. What went wrong?The New York Times - Dec. 6 -
Oil prices little changed after OPEC+ delays production increase
OPEC+ is struggling to bring barrels back to the market with prices under pressure from soft China demand and strong U.S. production.CNBC - Dec. 5 -
French Government's Collapse Lands Macron in a Minefield
The French president faces calls from the furthest ends of the political spectrum to resign. They are likely to grow louder the longer he takes to resolve the political crisis.The Wall Street Journal - Dec. 5 -
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Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - Dec. 5 -
OPEC Plus Postpones Plan to Increase Oil Output for Three Months
The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other countries to raise production.The New York Times - Dec. 5 -
Macron to address nation after Barnier government collapse
The prime minister will stay on as caretaker while President Emmanuel Macron chooses a successor.BBC News - Dec. 5 -
OPEC+ members to delay oil production increases
This production cut was previously due to start being phased out in December.CNBC - Dec. 5 -
Shell and Equinor to combine UK offshore oil and gas assets
Companies say combination will play crucial role in securing energy supply for countryFinancial Times - Dec. 5 -
Behind the scenes of the Baltimore bridge collapse
A new BBC documentary reveals new details of the probe into the Dali's collision with the Key Bridge.BBC News - Dec. 5 -
French government collapses in no-confidence vote
Michel Barnier's ousting over a budget bill deepens France's current political crisis.BBC News - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
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Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted
Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interruptedABC News - Dec. 4 -
Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.The Wall Street Journal - Dec. 4 -
French government on verge of collapse as PM faces vote
Barnier, who was appointed by Emmanuel Macron just three months ago, is widely expected to lose a no-confidence vote.BBC News - Dec. 4 -
Israel says it will hold Lebanon responsible if ceasefire collapses
Minister’s vow to ‘go deeper’ if hostilities resume comes after deadly Israeli air strikes severely test truceFinancial Times - Dec. 3 -
France’s government looks on the brink of collapse. What’s next?
France’s minority government appears to be in its final hours as opposition lawmakers from the left and the far right vow to topple Prime Minister Michel Barnier’s CabinetABC News - Dec. 3 -
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Fiorentina's Bove conscious after on-field collapse
Fiorentina midfielder Edoardo Bove is conscious and responsive after spending the night in hospital having collapsed during Sunday's Serie A game against Inter Milan.ESPN - Dec. 2
