Stock market today: Wall Street hangs near its records as bank stocks rise, oil tumbles – Yahoo Finance
NEW YORK (AP) – U.S. stocks hovered near record highs Tuesday after several major banks posted summer profits that beat analysts' expectations as oil prices fell again. The S&P 500 rose 0.1% in early trading, a day after setting an all-time high. Best ever This year is the 46th time. As of 9:35 a.m. ET, […]
Crude oil prices fall more than 4% as looming surplus overshadows Iran-Israel tensions – CNBC
Crude oil futures fell more than 4% on Tuesday as next year's looming global oil surplus overshadowed the risk of supply disruptions from the conflict between Israel and Iran. Oil prices soared earlier this month after Iran launched a ballistic missile attack on Israel, raising fears that Israel would strike back by targeting the Islamic […]
Biden-Harris Allowed Iran to Earn $200 Billion in Oil Revenue
The Biden-Harris administration gave the Iranian regime access to $200 billion in oil revenues through lax sanctions enforcement, the Washington Free Beacon reported Monday, citing new government data. . Free Beacon Adam Credo I wrote: The full economic loss due to this sanctions relief has been revealed. Long-awaited US government report About Iran's oil trade. […]
‘Political Posturing’: Newsom Signs Law Empowering Bureaucrats To Meddle Even More With Oil Refiners
California Gov. Gavin Newsom, a Democrat, on Monday enacted legislation that would give state officials the power to monitor and direct refinery inventory levels to prevent gasoline prices from skyrocketing. Newsom signs ABX2-1This allows regulators to require oil companies to have a minimum amount of fuel on hand, and the California Energy Commission (CEC) to […]
Russia’s shadow fleet of oil tankers grows despite western sanctions | Russia
Russia's shadow oil tanker fleet is expanding, transporting up to 70% of the country's offshore oil, despite Western efforts to rein in Moscow's wartime energy revenues, according to a study. are. The amount of Russian crude being transported in poorly maintained and underinsured tankers has nearly doubled in a year to 4.1 million barrels per […]
Zelensky Presents Oil Painting of War Crimes to Pope
VATICAN CITY (AP) – Pope Francis met with Volodymyr Zelensky in the Vatican on Friday. It was the latest step in the Ukrainian president's trip to Europe to win support for his proposed “Victory Plan” to end the war with Russia. The Pope and Ukrainian leaders held a 35-minute informal meeting. After personal talks and […]
Texas Pemex Deer Park oil refinery chemical release kills two
A chemical release at Pemex's 312,500 barrels per day Deer Park refinery in Texas has killed two people, the county sheriff said. Up to 35 people at the refinery were treated at the plant or taken to area hospitals for exposure to potentially deadly hydrogen sulfide gas, county emergency officials said. A state highway adjacent […]
Dem AG Poised To Sue Oil Companies With Help Of Law Firm Backed By Left-Wing Behemoths
Democratic Michigan Attorney General Dana Nessel is poised to sue major oil companies with the help of a law firm that has received millions of dollars from major left-wing organizations in recent years. Nessel declared She announced her intention to file a “climate change” lawsuit against major oil companies in May, and her firm announced […]
$2.5M worth of premium Terra Delyssa olive oil stolen from Texas warehouse
A gang of slippery robbers looted $2.5 million worth of high-end olive oil from a Texas warehouse and sold it to a competing store that sold the stolen goods at half price. CHO America, Manufacturer Terra Delissa Last month, thieves reportedly stole 18 truckloads (29 pallets, each containing 672 bottles) from a third-party warehouse in […]
BP ‘abandoning plan to cut oil output’ angers green groups | BP
Environmental groups are furious over reports that BP has scrapped its oil production cut targets for the next five years, accusing the company of putting profits ahead of the health of the planet. Campaigners including Greenpeace and Reclaim Finance condemned the move, which could see oil companies scrap plans to cut oil and gas production […]