Today in the city Ola 25.04.2018
From the Archives: Fatal blasts at Signal Hill refinery in 1958

Just before 2 p.m. on May 22, 1958, a series of oil spills and explosions rocked the Hancock Oil Co. refinery in Signal Hill. Two workers were killed and eight injured. Fires burned for two days. The...

10 things you need to know in markets today

Good morning! Here's what you need to know on Wednesday. 1. London-listed drugmaker Shire and Japan's Takeda Pharmaceuticals plan to announce a preliminary deal on Wednesday, after the latter sweetene...

Indonesia oil well fire kills 10 people, destroys houses

At least 10 people were burned to death after an apparently unregulated oil well in Indonesia's Aceh province caught fire.

Louisiana Lawmakers Eye Harsher Penalties in Pipeline Damage

A fight over a crude oil pipeline in southern Louisiana has spilled into the Legislature, with a proposal to stiffen penalties for damaging or trespassing around the equipment nearing final passage.

One of the scariest effects of climate change might already be happening — and it'd mean our projections are way off

Warm waters are pooling underneath Antarctic glaciers in a way that's causing glaciers to melt more rapidly and preventing the formation of cool water beneath Antarctica, according to a new study. Thi...

The Best New Fragrances Smell Just Like Summer

A good winter perfume should always feel like the olfactory equivalent of your favorite wool sweater: warm, cozy, ideally not at all itchy. A good warm-weather fragrance should evoke just the opposite...

Oil briefly tops $75 a barrel

Oil prices briefly hit fresh highs early Tuesday, rising to levels not seen since 2014. Brent crude oil topped $75 a barrel.  Prices inched lower around 8:30 a.m. ET. Follow oil prices in real ti...

Jeff Gundlach's new energy-sector trade has potential to be a gusher

Jeff Gundlach didn't choose just any oil ETF for his bet that energy stocks will outperform amid crude rally.

Google helps stock markets recover as oil stretches above $75 a barrel

World stocks steadied after three sessions of losses thanks to strong earnings from the likes of Google.

Three Oil Charts Before Trump's Iran Decision

With oil still the world's most vital source of energy, and irreplaceable at large-scale, let's take a look at some key happenings in the international oil market.

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