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The Latest Breaking News from Oil

WNBA star Brittney Griner ‘wrongfully detained’ in Russia, according to new U.S. designation

The Biden administration now believes WNBA star Brittney Griner is being “wrongfully detained” in Russia after allegedly being caught with hashish oil at the airport.

Tribune News Service

Look to Consumer Staples Stocks on Mounting Recession Fears

The Fed’s aggressive interest rate hikes and the high energy prices are likely to fuel recessionary conditions. The unexpected decline in GDP in the first quarter indicates a possible slowdown with prices rising continuously. Amid fears of high inflation and a consequent recession, investors can look to bet on shares…

StockNews.com

Earnings Outlook For Ranger Oil

Ranger Oil (NASDAQ:ROCC) is set to give its latest quarterly earnings report on Wednesday, 2022-05-04. Here's what investors need to know before the announcement. Analysts estimate that Ranger Oil will report an earnings per share (EPS) of $2.29.

Benzinga

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Windfall tax wouldn’t stop BP’s £18bn parade of projects

Neither would it make the energy crisis go away, but after a while it becomes hard to resist

The Guardian - UK

The U.S. now says Russia is wrongfully detaining WNBA star Brittney Griner

Griner was arrested after authorities reportedly found vape cartridges with hashish oil in her luggage. The shift in language indicates the U.S. will work more aggressively to secure her release.

WEKU

All you need to know about windfall tax as PM reject calls to impose levy on oil giants

Keir Starmer has been urging the government to introduce a one-off levy on oil and gas giants as rising energy bills boost profits. However, Boris Johnson has rejected Labour's calls

Daily Mirror

Protesters arrested at Scottish oil terminal climate protest, Police Scotland say

A NUMBER of climate protesters who blockaded an oil terminal have been arrested, police have said.

The National (Scotland)

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7 Best Energy Stocks To Buy With Over 6% Dividend Yields: Ecopetrol, Energy Transfer LP And More

One of the only sectors of the market that is skyrocketing amid broad market weakness in 2022 is the energy sector.

Benzinga

Protesters arrested at oil terminal climate protest, Police Scotland say

Chief Superintendent Lynn Ratcliff said on Tuesday evening a ‘number of people who decided not to cooperate have subsequently been arrested’.

The Independent UK

Why are gas prices still so high? And what's up with those rebate checks?

For the last two months, Eric Simpson has been facing a dilemma: go surfing, or save gas for his commute?

Los Angeles Times

European Council president ‘confident’ of imminent sanctions on Russian oil

Pivot by Germany bolsters support for phased-in import ban as Charles Michel says goal is to ‘break Russian war machine’

The Guardian - UK

Russia Unleashes Rockets at Steel Plant, Some Evacuees Reach Safety

Russia unleashed rockets on Tuesday on an encircled steel works in Mariupol, Ukraine's last redoubt in the port city, after a ceasefire broke down with some civilians still trapped beneath the sprawling site despite a UN-brokered evacuation. However, scores of exhausted-looking evacuees who managed to leave under UN and Red…

Asharq Al-Awsat

New EU Sanctions to Hit Russian Oil, Target More Banks

The European Union will slap new sanctions on Russia for waging war against Ukraine, targeting Moscow's oil industry, more Russian banks and those responsible for disinformation, the EU's top diplomat said on Tuesday. "We are working on the sixth package of sanctions which aims to de-SWIFT more banks, list disinformation…

Asharq Al-Awsat

41 Stocks Moving In Tuesday's Mid-Day Session

Gainers SoundHound AI, Inc. (NASDAQ: SOUN) shares jumped 47.4% to $16.13. The company recently completed a SPAC merger deal last week and began trading on Thursday.

Benzinga

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The Guardian - UK

Just Stop Oil blockades terminal in Glasgow in first Scottish action

Demonstrators stage dawn protest at plans for new oil and gas fields in North Sea off Scotland’s coast

Daily Mirror

Woman, 24, whose face burnt off in flat fire was terrified boyfriend would leave her

Sólrún Waldorff was staying over at her boyfriend's flat when a fire from a cooking accident spread throughout the building, trapping the couple in a basement bedroom

Salon

The best ways to use lemon balm at home

We wouldn't leaf you hanging!

Evening Standard

How to get the glow from head to toe — high tech skincare for your body

Bodycare is the new skincare. From scrubs to serums, Rosie Fitzmaurice has your guide

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Daily Mirror

Boris Johnson again rejects windfall tax on energy giants despite BP's soaring profits

Downing Street has denied there is a rift between Prime Minister Boris Johnson and Chancellor Rishi Sunak over tax oil and gas giants

Benzinga

BP Shares Move Higher On Bumper Q1 Profits Of $6.2B, Announces $2.5B Share Buyback

BP plc’s (NYSE:BP) profits more than doubled to $6.2 billion in Q1, helped by soaring oil and gas prices, despite posting a massive loss after offloading its nearly 20% stake in a Russian-controlled oil company Rosneft (OTC: RNFTF). The company reported Q1 adjusted EPS of $1.92, more than double from $0.78 posted a year ago…

Benzinga

Earnings Preview: Murphy Oil

Murphy Oil (NYSE:MUR) is set to give its latest quarterly earnings report on Wednesday, 2022-05-04. Here's what investors need to know before the announcement. Analysts estimate that Murphy Oil will report an earnings per share (EPS) of $0.58.

Benzinga

Executives Buy More Than $90M Of 4 Stocks

Although crude oil futures traded lower on Tuesday, there were a few notable insider trades.

Sports Illustrated

Brittney Griner Reclassified As ‘Wrongfully Detained,’ per Report

The shift could drastically change how U.S officials will try to get her back on American soil.

Evening Standard

Sir Keir Starmer accuses Boris Johnson of being ‘out of touch’ on cost of living crisis over ‘Elsie’ response

‘If ever there was a reason to send the Prime Minister a message in these elections, Elsie is the reason,’ the Labour leader said

Benzinga

Why BP Shares Are Rising Today

BP P.L.C. (NYSE: BP) shares are trading higher Tuesday morning after the company reported better-than-expected earnings results.

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