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The Latest Breaking News from Oil

Labour MP calls for ministers to act over Grangemouth as well as at Scunthorpe

Brian Leishman said there are ‘striking similarities’ between Scunthorpe, where the steel plant faces closure, and the refinery at Grangemouth.

Evening Standard

‘A miracle’: Fox stuck in oil rescued after eyes spotted in ‘tar-like substance’

RSPCA staff said it was the worst case of oil coverage they had ever seen

The Independent UK

Fox stuck in oil rescued after two eyes spotted in ‘tar-like substance’

The animal was trapped in a pit flooded with heating oil inside a derelict building.

Evening Standard

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German Refinery's Plight Prompts Calls For Return Of Russian Oil

No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because of sanctions levied against Moscow following its full-scale invasion of Ukraine.

International Business Times

Crude Prices Rebound on a Weak Dollar

May WTI crude oil (CLK25 ) Friday closed up +1.43 (+2.38%), and May RBOB gasoline (RBK25 ) closed up +0.0378 (+1.93%). Crude oil and gasoline prices settled moderately higher on Friday as a slump in the dollar index (DXY00 ) to a 3-year low fueled a rally in most commodity...

Barchart

Tariff Turmoil Weighs on Nat-Gas Prices

May Nymex natural gas (NGK25 ) on Friday closed down by -0.030 (-0.84%). May nat-gas prices on Friday posted moderate losses on concern the escalation of the US tariff turmoil will roil global trade and curb demand for US nat-gas supplies. On Friday, China raised tariffs on all US goods...

Barchart

Labour accused of treating Scotland as 'afterthought' amid British Steel plans

LABOUR have been accused of treating Scotland as an “afterthought” after the UK Government announced plans to pass emergency legislation to…

The National (Scotland)

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FTSE lifts again in calmer session for global markets

The FTSE 100 finished up by 0.64%, or 50.93 points, to close at 7,964.18.

Evening Standard

Dollar Weakness Lifts Crude Prices

May WTI crude oil (CLK25 ) today is up +0.11 (+0.18%), and May RBOB gasoline (RBK25 ) is down -0.0031 (-0.16%). Crude oil and gasoline prices today are trading mixed. Crude has garnered support today from a slump in the dollar index (DXY00 ) to a 3-year low. However, the...

Barchart

Estonian authorities detain Russian 'shadow fleet'-linked oil tanker near Tallinn

Estonia detained a Russian-linked oil tanker near Tallinn for maritime law violations. The Kiwala, which authorities claim is part of Moscow's "shadow fleet," has already been sanctioned by the EU and other countries.

Euronews

New Mexico made childcare free. It lifted 120,000 people above the poverty line

The state, which has long ranked worst in the US for child wellbeing, became the first and only in the country to offer free childcare to a majority of families

The Guardian - US

White House plans for Alaskan oil and gas face some hurdles – including from Trump and the petroleum industry

The second Trump administration has launched the next stage in the half-century-long battle between commerce and conservation over Alaskan oil and gas development. But its moves are delivering a mixed message to the petroleum industry.

The Conversation

Cool condiments: ‘little treat culture’ leading to boom in preserves and sauces

Social media, and specifically #CondimentTok, is fuelling trend, with everyone from Meghan to Heinz getting in on the act

The Guardian - UK

3 Energy Stock Winners Even as Oil Prices Plunge

Falling crude oil prices create a challenging, but not insurmountable, environment for energy stocks; here are three companies that investors should be watching

MarketBeat

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Bored Panda

24 Products That Made Amazon Reviewers Write Straight-Up Love Letters

Every product here turned regular customers into brand evangelists who can't help but spread the gospel of their latest obsession.

International Business Times

Tesla Opens First Showroom In Oil-rich Saudi

The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showrooms in oil-rich Saudi Arabia -- where hybrid cars remain a rare sight.

Marie Claire

Fragrance Layering Is Cool and All—But an Olfactory Personality Is So Much Chicer

Curating your scent style infuses individualism into a perfume wardrobe.

Barchart

Crude Prices Fall Sharply as Demand Concerns Grow

May WTI crude oil (CLK25 ) Thursday closed down -2.07 (-3.32%), and May RBOB gasoline (RBK25 ) closed down -0.0771 (-3.78%). Crude oil and gasoline prices on Thursday fell sharply because of concerns that the US trade war would slow economic growth and energy demand. Also, Thursday's stock selloff reduced...

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Barchart

3 Unusally Active Long-Haul Call Options to Buy From Wednesday’s Wild Ride

Yesterday’s S&P 500 move from 4,950 to 5,456.90 at the close was one for the ages. The 90-day pause lit a fire under investors. These three unusually active long-haul call options stood out.

The Independent UK

Company says thousands of gallons of oil have been recovered from a pipeline spill in North Dakota

Workers have recovered thousands of gallons of crude oil from an underground pipeline spill on North Dakota farmland

Barchart

Trade War Fears Hammer Crude Prices Again

May WTI crude oil (CLK25) today is down -2.68 (-4.30%), and May RBOB gasoline (RBK25) is down -0.0765 (-3.75%). Crude oil and gasoline prices today are sharply lower on concern the escalation of the US-China trade war will lead to a slowdown in economic growth and energy demand. Also, today's...

Euronews

‘One big backlash’: Why is a green shareholder activist group pausing its climate resolutions?

A “changing political landscape” and global trade tensions are partly to blame, according to the Netherlands-based group.

The Guardian - UK

Just 9.5% of plastic made in 2022 used recycled material, study shows

Global research reveals most of 400m tonnes produced using fossil fuels, predominantly coal or oil

The Conversation

Can personal data be considered a trade secret?

Have you ever wondered why some people say “Data is the New Oil”?

Barchart

Hess Corporation Earnings Preview: What to Expect

Hess Corporation is preparing to announce its first-quarter earnings later this month, and analysts are projecting a double-digit decline in its profitability.

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