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Oil Prices Rise
Oil prices suffer November drop as Middle East fears ease, OPEC+ delays meeting
Oil futures fell Friday, booking weekly and monthly losses after a cease-fire this week between Israel and Iran-backed Hezbollah helped soothe remaining worries over a wider conflict that could threaten crude supplies.
Oil Prices Rise as OPEC+ Delays Policy Meeting
Oil prices were moving higher intraday Friday as the Organization of the Petroleum Exporting Countries and its allies delayed the cartel's policy meeting initially scheduled for Sunday to Thursday. West Texas Intermediate crude oil was up 1.
Oil on track to record weekly decline as tensions ease in Middle East and demand uncertainty grows
Oil prices edged slightly lower on Friday and were on track to record a weekly loss as a ceasefire between Israel and Hezbollah eased geopolitical tensions, while Opec+ postponed its ministerial meeting amid an uncertain demand outlook.
inglewood oil field, California
Oil field owner sues California over law that would end its Los Angeles-area operations
The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop production and plug its wells or face costly fines
Inglewood Oil Field owner sues state over law that will force them to stop production
Sentinel Peak, the owner of Inglewood Oil Field, is suing the state of California. The lawsuit is over a law that would require the oil field to stop production and plug its wells. AB 2716 places limits specifically on the Inglewood Oil Field.
Inglewood Oil Field owner sues Calif. for its ‘illegal’ terminating of operations
The owner of the Inglewood Oil Field is suing the state of California in an attempt to invalidate a state law that will require the energy company
Russian oil depot ignites
Ukraine hits oil depot in Rostov Oblast, destroys Buk radar station in Russian-occupied territory, Kyiv claims
The Ukrainian military said that on the night of Nov. 29, they struck the Atlas oil depot in Rostov Oblast. As a result of the strike, fires broke out on the territory of the facility, the statement read.
Ukrainian drones ignite fire at Russian oil depot in Rostov
In the Rostov region of the Russian Federation, a drone attack has resulted in an oil depot catching fire. Ukrainian unmanned aerial vehicles launched the attack in the morning. This is not the first strike on crucial Russian infrastructure in this area.
Ukraine confirms strike on Russian oil depot and destruction of Buk-M3 air defense radar
The Ukrainian military confirmed a drone strike on the Atlas oil terminal in Russia's Rostov Oblast early on Nov. 29, igniting two fires at the site, which supplies fuel to the Russian army. The operation involved Ukraine's Defense Forces,
1d
Oil settles down as ease of supply risks drives weekly loss
Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured by easing concern over supply risks ...
2d
on MSN
Maine Sues Major Oil Companies Over ‘Ongoing Deception’ About Climate Change
The lawsuit is just the latest alleging a decades-long disinformation campaign about global warming and the companies' ...
2d
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 ...
2d
Oil slips on buildup in US gasoline stocks; eyes on weekend OPEC+ meeting
Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ ...
2d
Robust Fuel Markets Are Throwing a Lifeline to Gloomy Oil Bulls
With oil prices headed for a second annual decline and a widely expected surplus in 2025 fast approaching, bullish traders ...
1d
on MSN
Canada’s oil patch rattled by Trump's tariff threat
The proposed tariffs, if applied to oil and gas, could hammer Canada's economy and hike prices at the pump for Americans, ...
1d
on MSN
Oil prices set to end week over 3% lower as supply risks ease
Oil prices fell on Friday, heading for a weekly drop of more than 3%, as concerns over supply risks from the Israel-Hezbollah ...
2d
Iran Oil Kingpin’s Hedge Fund Is Preparing to Shut London Office
A hedge fund that’s said to be part of a network overseen by Iranian oil trader Hossein Shamkhani has told its London ...
3d
on MSN
Trump Treasury Nominee’s Oil Math Doesn’t Add Up
Boosting energy production is easier said than done, and the effect on the government deficit isn’t clear either.
1d
on MSN
Oil heads for 3% weekly decline as supply risks ease
Oil prices were steady on Friday and heading for a weekly decline of 3%, pressured by easing concern over supply risks from ...
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