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The Latest Breaking News from Oil

Polish court rejects appeal against PKN Orlen's Polska Press takeover

A Polish court on Tuesday rejected an appeal from the country's Human Rights Ombudsman against oil company PKN Orlen's takeover of newspaper publisher Polska Press, the court said, confirming an earlier report by state-run news agency PAP.

Reuters

5 Ayurvedic home remedies to enhance skin structure

“Healthy skin does not happen out of the blue; it is a representation of overall well-being.” When you touch your skin, does it feel rough or bumpy? It might be because of your uneven skin structure. External factors such as pollution and skincare products, as well as internal factors such…

The Times of India

Tilray's Medical Cannabis Brand Aphria Launches Sleep-Oriented CBN Night Oil For Patients In Canada

Tilray Brands, Inc.'s (NASDAQ: TLRY) (TSX:TLRY) medical cannabis brand, Aphria, has launched CBN Night Oil, the brand’s first CBN oil medical product formulated for patients’ nighttime use.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

SPF and sunlight-defence haircare: your heatwave survival kit list

SPF glow mists, luxe moisturisers and UV haircare — meet your hot weather heroes. By Rosie Fitzmaurice

Evening Standard

Rishi Sunak urged to cut VAT on fuel as petrol prices reach record high and RAC warn it could hit £2 a litre

Chancellor Rishi Sunak has been urged to cut VAT on fuel as prices reached a record 178.5p a litre on Tuesday morning.

Evening Standard

Drivers facing 'national crisis' as experts warn fuel will hit £2 per litre nationwide

Motorists are being squeezed at the pumps more than ever, as new government figures reveal the cost of both petrol and diesel has soared to record levels per litre

Daily Mirror

Asparagus plus beans plus cheese equals your new favourite salad

This asparagus and white bean salad beautifully combines seasonal fresh ingredients, a kitchen cupboard staple and a special touch, writes Joe Yonan

The Independent UK

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Saudi GDP Grows 9.9% in Q1

Saudi Arabia's gross domestic product grew 9.9% in the first quarter, the fastest in a decade and more than a flash estimate last month of 9.6%, official data showed on Tuesday. It was the fastest expansion since the third quarter of 2011 with the increase in oil production a key…

Asharq Al-Awsat

Tax breaks could lead to more than £8bn of North Sea projects

Investment incentives in the chancellors windfall levy could accelerate oil and gas developments

Insider UK

Let Africa exploit its natural gas reserves, says Mary Robinson

Ex-UN climate envoy says continent’s need for energy is so great it should be able to widely use the fossil fuel

The Guardian - UK

Italy Looks Forward to Long-term Partnership with Saudi Arabia in Green Hydrogen

Italian Ambassador to Saudi Arabia Roberto Cantone said his country was making great efforts to diversify its gas supplies to achieve independence from Russia, by expanding its cooperation with other gas-exporting partners. He stressed in this regard that his country was looking forward to establishing a long-term partnership with a…

Asharq Al-Awsat

Jordan Lays Out 10-Year Blueprint to Revive Economy

Jordan unveiled on Monday a major development strategy for the Middle Eastern country up to the next 10 years targeting doubling its growth to help it rejuvenate an economy hit by regional turmoil. The plan was a major plank of reforms pushed by King Abdullah since last year to help…

Asharq Al-Awsat

Gun crime victims are holding the firearms industry accountable – by taking them to court

Following the strategy used in legal actions against cigarette and opioid firms, the lawsuits attempt to sidestep a law shielding gun makers

The Guardian - US

Gasohol users get a financial lifeline

The Oil Fuel Fund Office (Offo) has agreed to help gasohol users for the first time by reducing their contributions to the fund amid soaring fuel prices, as well as limiting the diesel price increase by one baht, to 33.94 baht a litre from Tuesday, to better manage the fund's…

Bangkok Post

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StockNews.com

4 Top Momentum Stocks to Buy in June

Recently, the stock market has witnessed significant volatility due to several macroeconomic and geopolitical headwinds. Despite the highly uncertain market conditions, some stocks have gained strong momentum due to their strong fundamentals and growth prospects. As the market headwinds are expected to continue in the near term, it could be…

WEKU

In 10 states, a gallon of gas now costs more than $5

Consumers are paying more around the country. No state's average is below $4.28, according to AAA. But in California, drivers are paying $2 more than that amount.

Newsroom.co.nz

Big guns warn investors of growing risks

Business & Investing: Investors worried Fed likely to continue hiking interest rates again, JP Morgan CEO warns of an 'economic hurricane' and oil prices rise 50% in first six months of year

StockNews.com

5 Energy Stocks to Buy This Summer to Combat Scorching Inflation

The inflation report expected this week is expected to be on par with the previous month, reporting near 40-year-high inflation. Historically, the energy sector has outperformed inflation, and so might be an ideal investment option to hedge against current inflationary pressures. Hence, we think the stocks of energy companies Energy…

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Benzinga

This Important Energy ETF May Be About to Break Out

If the price of oil keeps moving higher, there’s a good chance that shares of the VanEck Oil Services ETF (NYSE: OIH) break out and move higher as well. It is designed to track the overall performance of U.S. listed companies that are involved in providing services to the upstream…

The Guardian - UK

Sunak’s tax breaks could lead to more than £8bn of North Sea energy projects

Analysts’ forecast comes as campaigners warn windfall tax package could harm climate efforts

The Independent UK

Third of cash raised by Rishi Sunak’s windfall levy ‘could be handed back to oil and gas firms’ in tax breaks

Shadow chancellor Rachel Reeves said the government had created a ‘tax giveaway for oil and gas producers’ that undermines the windfall levy

Liverpool Echo

Busy road forced to shut after 'large quantity' of 'cooking oil' spilt

The main road was shut when emergency services were called to the spillage

Daily Mirror

Cancer spread could be increased by consuming palm oil, warns research

Cancer remains one of the deadliest diseases in the modern world with a variety of different types. Lifestyle factors, environmental toxins and certain foods could be linked to the major rise of cancer cases, warn experts

StockNews.com

Is Vermilion Energy a Smart Oil & Gas Stock to Invest In?

Renowned Canada-based oil and gas company Vermilion Energy (VET) reported impressive first-quarter financials. The price of VET’s shares has gained in percentage double digits so far this year, outperforming the broader markets, thanks to soaring energy prices. However, given surging market volatility, will VET be able to maintain its upward…

StockNews.com

Up More Than 75% YTD, is TORM Stock Still a Buy?

Shares of midstream oil & gas company TORM (TRMD) have benefited thanks to rising freight costs since the onset of the COVID-19 pandemic. However, given the company’s lower-than-industry profitability and its stock’s stretched valuation, would it be wise to invest in the stock now? Read on to learn our view.

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