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The Latest Breaking News from Oil

Slovakia, Hungary won't back EU sanctions on Russian energy

Slovakia and Hungary say they will not support sanctions against Russian energy that the European Union is preparing over the war in Ukraine

The Independent UK

Best oven gloves to protect from heat and suit your kitchen

Get your mitts on our top rated oven gloves

Evening Standard

The world is losing way too many trees

A new report says the world's pristine forests were destroyed at a relentless rate in 2021

Salon

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read the most diverse news in one place.

Strong BP profit renews call for energy sector windfall tax

BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas prices

The Independent UK

Fuel shortages create long lines, more headaches for Ukrainian civilians

Olha Boholey still had at least an hour to wait more than two hours after she pulled into the line of vehicles crawling into the only service station selling gasoline in the devastated Kyiv suburb of Bucha.

Reuters

‘Sulky liver sausage!’ Ukraine ambassador scolds German leader for not visiting Kyiv

Olaf Scholz indicates he will not visit Kyiv after the German president was snubbed

The Independent UK

VIDEO: Russian APC Stands No Chance Against Ukrainian Howitzer

Zenger News obtained the footage from the 30th Independent Mechanised Brigade on Sunday, May 1st.

Zenger

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India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment

India’s largest-ever public offering has attracted anchor investors, including Norway’s sovereign wealth fund and the Singaporean government, raising ₹56.3 billion ($736 million) ahead of its initial public offering, Bloomberg reports. The 123 anchor investors joining Life Insurance Corp of India’s IPO committed to purchasing shares at ₹949 per share, the top end of…

Benzinga

Is This a Bull Trap?

The stock market is in the midst of a brutal correction. Despite Monday's bounce, investors should remain cautious as there remains a considerable downside risk. Read on to find out how the POWR Growth portfolio continues to outperform the S&P 500 (SPY).

StockNews.com

BP profits skyrocket amid demands for windfall tax to tackle cost of living

BP has notched up its highest quarterly underlying profits for more than a decade thanks to rocketing oil and gas prices as calls grow for a…

The National (Scotland)

Boris Johnson sounds alert over mortgage payment hikes as cost of living crisis grows

Millions of families have been warned that their mortgages could rise even further if Britain is hit by an inflationary spiral.

Evening Standard

How palm oil prices are affecting the global economy

The prices of cooking oil are rising. Why that could put global security at risk.

WEKU

Russia and the U.S.: Dance of death

Doddering Cold War adversaries are marching toward war: For their decrepit elites, it's literally the last hurrah

Salon

Local elections 2022: Greens have answers where old parties are failing

This country is in crisis. Inflation sky-rocketing, more and more people having to rely on foodbanks or choose between heating their home and eating, millions of children in poverty. There is a horrific war in Europe, and the climate emergency is only getting more urgent.

Evening Standard

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Insider UK

Windfall tax calls intensify as BP reports highest profit in a decade

In a bid to steer off criticism, the oil and gas giant stated it would be paying around £1bn in taxes this year

Evening Standard

BP promises to ‘back Britain’ with £18 billion as profits hit highest since 2008

The oil giant made an underlying profit of $6.2 billion in the first three months of the year, far higher than the City was expecting

Asharq Al-Awsat

Oil Slips on China Demand Worries, While EU Weighs Russia Oil Ban

Oil slipped about 1% on Tuesday as concerns about the demand outlook due to prolonged COVID lockdowns in China outweighed support from a possible European oil embargo on Russia over its actions in Ukraine. Beijing, reporting dozens of new cases daily, is mass-testing residents to avert a lockdown similar to…

The Guardian - UK

First Thing: Supreme court reportedly votes to overturn Roe v Wade

In an unprecedented revelation, a document written by conservative justice Samuel Alito says ‘Roe was egregiously wrong from the start’. Plus, politics front and centre at the Met Gala

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news in one place.

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Roll Call

Inflation, recession and the 2022 midterms - Roll Call

The current economic issues of inflation and low growth could put Democrats at a disadvantage in the 2022 midterms.

The Independent UK

EU prepares oil sanctions against Russia as Hungary resists ban

Slovakia is also seeking an exemption against approving a ban on Russian oil

Daily Record

Asda boss issues statement to shoppers as food costs continue to soar

Lord Rose said the government needs to do more to help consumers.

Evening Standard

Best lip plumpers: Products to achieve fuller lips without filler

Perfect your pout

Glasgow Live

Glasgow police on the scene of Clydebank oil protest as activists blockade terminal

Activists are holding a peaceful protest against the current energy crisis that is 'pushing people into poverty' at an oil terminal in Clydebank and are calling for action by the UK Government.

The Independent UK

Johnson acknowledges ‘more that we can do’ to tackle cost-of-living crisis

Prime Minister Boris Johnson warned about the danger of fuelling an inflationary spiral if Government intervention was not carefully controlled.

The Independent UK

More than a million Ukrainians taken to Russia in past two months

Around 11,550 people were taken to Russia from Ukraine in the last 24 hours

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